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  • Citi Infrastructure Investors is still looking to fill the spot vacated by Juan Bejar, co-head of the fund, who left his London post in June.
  • Subsidiaries of European companies E.ON, Enel and Iberdrola have come away with $433 million, the lion’s share of the latest $550 million round in cash grants issued by the U.S. Department of Treasury yesterday.
  • Terra-Gen Power is back in the market with a term loan after pulling a planned B loan in July.
  • Thin funding options are deterring the sale of two power plants in Japan.
  • Niagara Mohawk Power Corp., a unit of National Grid, issued $500 million in 144A bonds Monday.
  • A federal appeals court in New York has ruled that states can sue large power companies and utilities for emitting carbon dioxide.
  • Italy will sign a nuclear research and development deal with the U.S. as it looks to reintroduce nuclear generation after it was banned from the country two decades ago.
  • U.S. Energy Secretary Steven Chu says electricity rates will need to rise to reflect periods of high demand to encourage consumers to change their usage habits.
  • A smart grid project for 100 residential and business customers of the Fayetteville Public Works Commission in Raleigh, N.C., has resulted in a 20% decline in their average electricity usage.
  • Axa Private Equity has dropped out of the bidding for Areva’s transmission and distribution business unit.