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  • Developers are talking to lenders for financing supporting their $1 billion bids into Mexican state-owned utility Comisión Federal de Electricidad's tender to convert its fuel-oil fired Manzanillo plant to use natural gas.
  • Exelon is unlikely to pursue other acquisitions this year, especially not for another independent power producer.
  • The market for turbine loans is positioned for a revival as U.S. legislation supporting renewables and an increase in the supply of existing turbines facilitate project development.
  • Barclays Capital is set to lead a bond offering for natural gas-fired assets in New England and New Jersey owned by North American Energy Alliance to repay existing debt outstanding to the bank.
  • More than three lenders have joined in the $700 million financing backing the Mitsui-led consortium's 500 million cubic feet per day regasification terminal in Manzanillo City, Mexico, according to a deal watcher.
  • A drop in wind patterns across Germany and France have kicked up a trading storm for the E235 million ($363 million) Luxembourg-based Breeze Finance wind farm securitization.
  • Terra-Gen Power will look to secure a term loan for the first 150 MW phase of its 3 GW Alta Wind Energy Center in Tehachapi, Calif., says a project financier in New York.
  • Niagara Mohawk Power Corp. plans to use proceeds from a $750 million bond issue for general corporate purposes and investment in infrastructure.
  • FirstEnergy Solutions is using notes to pay down an outstanding $1 billion on its parent company FirstEnergy Corp.'s $2.5 billion revolving credit facility.
  • Global Fund Exchange plans to pitch its Earth, Wind & Fire energy fund to high net worth investors and pensions and endowments beginning Sept. 1 for a Dec. 1 launch.