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  • Quartet Wraps GE Benton Deal
    Dexia Crèdit Local, Helaba, Lloyds TSB and NordLB have wrapped roughly $100 million in financing backing GE Energy Financial Services and Orion Energy Group’s 130 MW wind farm in Benton County, Ind.
    September 23, 2009
  • Terra-Gen Finance Exec Jumps To Noble
    John Carson joined Noble Environmental Power in Essex, Conn., last month as senior v.p. of finance after leaving Terra-Gen Power in New York.
    September 23, 2009
  • GE, Partner Close In On Dokie Purchase
    GE Energy Financial Services and Plutonic Power are set to wrap the acquisition of EarthFirst’s 144 MW Dokie 1 wind project in early November.
    September 23, 2009
  • Obama Pushes Fossil Fuel Subsidy Cut
    Fossil fuel subsidies could be on the chopping block if President Barack Obama can convince G20 members to forgo incentives for coal, oil and natural gas as a way to combat greenhouse gas emissions.
    September 23, 2009
  • Activists Protest L.A. Green Transmission Line
    An 85-mile transmission line proposed to bring green power into Los Angeles is drawing ire from environmental activists because the line would run through two wildlife preserves and a national forest.
    September 23, 2009
  • U.S. Power Prices Will Rise To Reflect Demand
    Utility companies will need to charge prices that reflect user consumption during peak hours, says U.S. Energy Secretary Steven Chu.
    September 23, 2009
  • Senator Questions GE Commitment To Nuclear
    U.S. Senator Lamar Alexander, who proposes building 100 nuclear plants in the next 20 years, said that General Electric favors wind over nuclear power for long-term generation.
    September 23, 2009
  • German Election Likely To Boost Utilities
    German utilities will benefit if current Chancellor Angela Merkel is re-elected this weekend because the government is likely to extend the lifespan of several of the country’s 17 nuclear plants.
    September 23, 2009
  • Areva Transmission Bids Fall Short
    Areva received three separate bids of less than EUR4 billion ($5.9 billion) for its transmission and distribution unit, which analysts estimated to be worth EUR4.25 billion.
    September 23, 2009
  • Electrobras Plots Generation Build
    Centrais Eletricas Brasileiras (Electrobras) is planning to build at least seven new power plants in Peru, Argentina, Guyana and possibly Bolivia, over the next decade as the continent’s largest utility aims to diversify generation supply.
    September 23, 2009
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