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  • Polaris Lassoes Lenders For Nicaragua Geothermal
    Export Development Canada, Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden and another lender have joined the roughly $86 million in financing backing Polaris Geothermal's 24 MW expansion of its San Jacinto Tizate geothermal plant in León, Nicaragua.
    August 13, 2009
  • U.K. Utility Taps Novel Private Funding
    Spark Energy, a U.K.-based utility, is having a hard time tapping banks to raise funds and is instead issuing bonds to high net worth investors to raise money to grow its business.
    August 13, 2009
  • Chilean Co. Funds Investment Plan With Bonds
    Chilean transmission company Compañia General de Electricidad Transmission is using a portion of its proceeds from a planned bond sale of up to $311 million to finance its roughly $30 million per year investment plan.
    August 13, 2009
  • Calpine Seeks Credit Agreement Amendment
    Calpine Corp. hit the market last Thursday with an amendment to its $7 billion credit facility to obtain permission to take various steps toward refinancing its outstanding $6 billion term loan facilities and $1 billion revolver, most of which is drawn.
    August 13, 2009
  • InterGen Said To Scope Gas Natural Assets
    InterGen is reportedly looking at purchasing three Gas Natural gas-fired plants in the Mexican states Chihuahua, Sonora and Tamaulipa, according to a deal watcher.
    August 13, 2009
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    Developer Scouts Partner For Baja Projects
    Asociados Pan-Americanos is seeking a partner to develop a $2.2 billion, 1,000-MW portfolio of wind projects in Baja California that would feed the California grid.
    August 13, 2009
  • Citi Takes Equity In AES Farm
    Citibank has taken equity stakes in AES Corp.'s 100.5 MW Armenia Mountain wind farm in Tioga County, Pa., according to documents filed Aug. 7 with the U.S. Federal Energy Regulatory Commission.
    August 13, 2009
  • Duke To Explore JV's With Chinese Co.
    Duke Energy will explore carbon capture and sequestration technologies as well as wind and solar projects with China Huaneng Group but has not committed any capital to specific projects and does not have any particular technologies in mind, says a spokesman.
    August 13, 2009
  • Final Bids Due For Chilean Geothermal
    Final bids from 46 companies that entered the first round of tenders with interests in exploring 20 geothermal concessions in Chile are due Friday.
    August 13, 2009
  • Shuweihat Refi To Close Next Month
    The refinancing of a bridge loan with additional construction funds backing an independent water and power project near Abu Dhabi is expected to close at September's end with 12 banks as part of the syndication.
    August 13, 2009
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