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Citi Infrastructure Hunts Replacement
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.
September 22, 2009
E.ON, Enel, Iberdrola Land U.S. Cash Grants
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.
September 22, 2009
Terra-Gen Relaunches Bridge Refi
Terra-Gen Power is back in the market with a term loan after pulling a planned B loan in July.
September 22, 2009
Japanese Plant Sale Stymied
Thin funding options are deterring the sale of two power plants in Japan.
September 22, 2009
NiMo Privately Places Bonds
Niagara Mohawk Power Corp., a unit of National Grid, issued $500 million in 144A bonds Monday.
September 22, 2009
States Can Sue Power Co.’s Over Emissions
A federal appeals court in New York has ruled that states can sue large power companies and utilities for emitting carbon dioxide.
September 22, 2009
U.S., Italy To Cooperate On Nuclear R&D
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.
September 22, 2009
Chu Calls For Energy Prices To Match Demand
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.
September 22, 2009
Smart Grid Project Reduces Consumption By 20%
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.
September 22, 2009
Private Equity Shop Drops Bid For Areva’s T&D
Axa Private Equity has dropped out of the bidding for Areva’s transmission and distribution business unit.
September 22, 2009
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