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Canadian Co. Scopes Mega Wind Financing
Naikun Wind Energy Group and its partners will likely look outside Canada to finance the first C$2 billion ($1.845 billion) 400 MW phase of its 1,750 MW wind farm off the coast of Haida Gwaii, British Columbia.
October 01, 2009
Eskom Woes Stymie Mega-Coal Plant
Plans by Australia-based Aviva to build a $3 billion, 1 GW coal-fired power plant in Botswana, close to South African transmission lines, are being thwarted by the state-owned utility Eskom's money and power infrastructure problems.
October 01, 2009
Standard Chartered To Lose Syndications Head
Benjamin Velazquez, head of project finance loan syndications for the Americas at Standard Chartered Bank in New York, is set to leave the bank following a restructuring.
October 01, 2009
Wind Shop Scouts Banks For Mo. Project
Wind Capital Group is looking to launch and wrap a financing for its $300 million, 150 MW Lost Creek wind farm in Dekalb County, Mo., before year-end.
October 01, 2009
Sempra To Build Solar
Sempra Energy’s merchant generation arm Sempra Generation is looking to build up to 500 MW of solar projects in the next few years.
October 01, 2009
FPL Buys Babcock & Brown Wind
FPL Group’s renewable unit NextEra Energy Resources has agreed to buy three wind projects from Babcock & Brown Power for $352 million.
October 01, 2009
U.S. Bancorp, Solar Co. Double Project Funding
U.S. Bancorp and developer SolarCity are doubling the size of their fund for solar projects this year to $100 million.
October 01, 2009
Duke Buys Siemens Machines For Wyo. Wind
Duke Energy has purchased 44 Siemens wind turbines for its Top of the World project near Casper, Wyo.
October 01, 2009
PSEG, FPL Wary Of Losing Free Emission Permits
Public Service Enterprise Group, FPL and other utilities may have to start lobbying the U.S. Senate again for free carbon-pollution allowances included in the U.S. House of Representative-approved climate legislation.
October 01, 2009
Maryland Regulators Consider Long-Term PPAs
The Maryland Public Service Commission is considering whether to order utilities to sign long-term PPAs to foster plant construction in the state.
October 01, 2009
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