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  • Turbine manufacturer Vestas is looking to enter markets in Latin America and the Middle East as sales slow down in the Mediterranean.
  • Japanese power companies bought 60 million tons of carbon offsets from abroad for $1.16 billion last year.
  • Wisconsin consumers would save $191 per year on energy costs due to energy efficiency provisions included in the climate bill, according to the American Council for an Energy Efficient Economy.
  • Three Northern California municipal utilities have agreed to purchase natural gas at a discounted rate of 86 cents per unit of gas for the next 30 years.
  • The Pennsylvania Public Utilities Commission has voted to fine UGI Utilities $80,000 and ordered it to donate a matching amount to a heating assistance fund after a gas explosion that destroyed several homes in Allentown.
  • California state lawmakers are expected to vote on legislation that would increase renewable energy use in the state to 33% by 2020.
  • SunPower is reportedly considering buying solar generation development assets.
  • Deal Book is a matrix of energy project finance deals that PFR is tracking in the energy sector. The entries below are of new deals or deals where there has been change in their parameters or status. To report updates or provide additional information on the status of financings, please call Jeanine Prezioso at (212) 224-3226 or e-mail jprezioso@iinews.com.
  • Dexia Crédit Local, Helaba and Union Bank was set to close a more than $100 million financing backing enXco's 106 MW Hoosier wind project near Fowler, Ind., last week, notes a deal watcher.
  • U.S. utilities lack of experience in the nuclear sector, historical construction delays, cost overruns and new technologies are making banks wary of financing the next $188 billion wave of proposed nuclear projects in the country.