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Ormat Lands JPM Tax Equity
JPMorgan has taken a $24.9 million tax equity stake in a subsidiary of Reno, Nev.-based Ormat Technologies.
February 10, 2011
Icahn Extends Dynegy Bid Again
Icahn Enterprises has again extended the deadline for his $665 million offer for Dynegy, this time to Monday, to allow the U.S. Federal Energy Regulatory Commission time to approve the bid.
February 10, 2011
USDA Awards $204M Guarantee
The U.S. Department of Agriculture has awarded a $204 million loan guarantee backing Basin Electric Power Cooperative’s $340 million PrairieWinds farm in southeast South Dakota.
February 10, 2011
First Solar Inks PPA
Southern California Edison has secured an offtake contract for 250 MW from First Solar’s Silver State South solar project near Primm, Nev.
February 10, 2011
Duke Identifies Potential Nuclear Offtaker
Duke Energy Corp. and JEA have inked a deal that would give JEA, the eighth-largest community-owned utility in the U.S., the option to buy 20% of electricity generated at the planned 2.2 GW Lee Nuclear Station in South Carolina.
February 10, 2011
Md. Offshore Bill Would Require Long PPAs
Maryland Gov. Martin O’Malley is proposing an offshore wind bill that would require state utilities to ink offtake agreements of at least 20 years with companies developing wind farms off the coast of Ocean City.
February 10, 2011
Tenaska Fund To Market Peaker Trio
Tenaska Capital Management is putting a for sale sign on three of its peakers in Illionis, Virginia and West Virginia.
February 09, 2011
SDG&E, NRG Ink Solar PPA
San Diego Gas & Electric has inked a 20-year offtake agreement with NRG Solar’s 26 MW Borrego Springs photovoltaic project in Borrego Springs, Calif.
February 09, 2011
Ohio Solar Co. Snags Campbell Soup PPA
Campbell Soup has signed a 20-year PPA with a 9.8 MW solar project in Napoleon, Ohio, that is being developed by BNB Napoleon Solar.
February 09, 2011
Idaho Regulation To Impact GE, Shell Wind Projects
Idaho Public Utilities Commission has implemented a temporary change to the maximum size of renewable projects that can receive incentivized power prices from utilities—a move aimed at preventing large, well-capitalized developers including General Electric Co. and Shell WindEnergy from breaking up projects into 10 MW phases.
February 09, 2011
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