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  • News
    Norway Acquires Swedish Wind In Scandinavia Deal
    Statkraft, Norway’s government-owned utility, and Sodra, a Swedish forestry and timber company, signed a $1.4 billion investment deal on renewable projects.
    August 28, 2009
  • News
    FERC To Hear New England Grid Case
    Connecticut regulators’ complaint with the U.S. Federal Energy Regulatory Commission saying that Constellation Energy and Brookfield Energy Marketing manipulated the regional wholesale market and pocketed more than $50 million is about to get heard.
    August 28, 2009
  • News
    Alpine Energy Seeks Caribbean Club
    Alpine Energy Group is in discussions with banks to form a club of five to seven banks to finance the construction of two waste-to-energy projects in the U.S. Virgin Islands.
    August 27, 2009
  • News
    FirstEnergy Bond Lands First-In-A-Year Boost
    FirstEnergy Solutions' $1.5 billion bond was the first issue from a generation subsidiary of a utility holding company for a year and as such landed a large oversubscription.
    August 27, 2009
  • News
    "These companies got into these very cheap credit agreements years ago and now they're looking at half the commitment for twice the price."
    --Sharon Bonelli, managing director of utilities, power and gas at Fitch Ratings in New York, on companies looking to refinance more than $50 billion of revolving credit facilities in the next three years as they face fewer lenders at half the lending capacity.
    August 27, 2009
  • News
    Calif. Munis Set To Buy enXco Wind Farm
    The Southern California Public Power Authority is set to purchase enXco's $139 million, 50 MW Linden wind farm in Klickitat County, Wash. enXco subsidiary Northwest Wind Partners filed with the U.S. Federal Energy Regulatory Commission to approve the sale Aug. 19.
    August 27, 2009
  • News
    Watermelon Pegged For Biofuel Industry
    U.S. Department of Agriculture researchers have found that watermelon, a signature summertime fruit, is more than just a delicious treat.
    August 27, 2009
  • News
    One Year Ago In Power Finance & Risk
    Enel North America was looking for $300-400 million in tax equity for a portfolio of renewables, including its 148.5 MW Smoky Hills wind farm in Ellsworth and Lincoln Counties, Kan.
    August 27, 2009
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    News
    Borrowers Face Revolver Refinancing Tsunami
    Utilities, generation and midstream companies are looking to refinance more than $50 billion dollars of revolving credit facilities coming due in the next three years, facing steeper pricing, shorter tenors and less market capacity.
    August 27, 2009
  • News
    Offtakers Look To Capture Carbon In PPAs
    Utilities are beginning to ask for long-term power purchase agreements stipulating that they get the extra carbon credits from fossil fuel generators that don't use them all to sell in the event that a national carbon market is established.
    August 27, 2009
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