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  • An undisclosed Texas-based fund focused on energy is reportedly looking to invest billions in power.
  • Banks leading the $750-800 million financing backing LS Power's purchase of nine Dynegy assets were expected to have received commitments from other lenders last week.
  • Clipper Windpower plans to complete a merger or partnership arrangement by year-end and some observers are tagging Mitsubishi as a potential acquirer.
  • Sempra Energy increased an offering of 30-year, 6% unsecured notes to $750 million from $500 million after the originally targeted amount was oversubscribed.
  • Entergy Gulf States Louisiana issued $300 million in 15-year first mortgage bonds last Friday to pay down outstanding notes.
  • Sky Road, a technology and data provider, signed a contract with the Chicago Mercantile Exchange exchange today to provide New York Mercantile Exchange end of day data for firms who want to trade forward power prices.
  • Nextlight Renewable Power, a unit of Energy Capital Partners, is planning to project finance roughly 1 GW of photovoltaic projects in Arizona, California and Nevada that are scheduled to break ground next year, according to Jim Woodruff, v.p. of regulatory and government affairs near Boulder City, Nev.
  • MMC Energy will officially be removed from the NASDAQ next Friday, 10 days after company officials closed the sale of its last two assets and filed documents completing its dissolution with the U.S. Securities and Exchange Commission.
  • Deepwater Wind is preparing to bid offshore wind projects in New Jersey and Rhode Island into the U.S. Mineral Management Service’s call for offshore wind and hydrokinetic energy leases later this fall.
  • California’s plans to generate a third of its power from renewables in the next decade could boost the state’s economy by $20 billion by 2020 and create 112,000 jobs, according to a University of California-Berkeley report.