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  • Lexicon To Start Up NY Utility Group
    London-based financial advisory Lexicon Partners is starting a North American utility and infrastructure unit in New York in September.
    July 23, 2009
  • Canadian IPP Hunts French Assets
    Maxim Power is looking to buy cogeneration facilities in France after purchasing two peaking plants in the country via subsidiary Comax France.
    July 22, 2009
  • PG&E Seeks Grid Cash
    Source: SFGate
    July 22, 2009
  • Duke, AREVA Bio Advisory Slot Draws Suitors
    Banks have submitted bids for the financial advisory role supporting a 50 MW biomass plant in the southeastern U.S. proposed by Duke Energy and AREVA joint venture ADAGE. The JV partners will likely focus on relationship European lenders, says a project financier in New York.
    July 21, 2009
  • Texas Transmission JV Seeks Advisor
    Partners Brookfield Asset Management and Spanish company Isolux Corsan are looking for a financial advisor ahead of financing a transmission line in Texas. A call to the partners, who are working as Wind Energy Transmission Texas in Austin, Texas, was not returned. The deadline for bids, and the project cost and timeline could not be immediately learned.
    July 21, 2009
  • Developer Seeks Mega Biomass Funding
    MGT Power, U.K-based developer, is looking to mandate banks as soon as possible to arrange financing for its GBP500 million ($822.54 million), 295 MW Tees Renewable Energy biomass plant in development in Teesport, England. “We are talking to everybody,” says Chris Moore, director in London. “Now is the time for people for people to be calling us.”
    July 21, 2009
  • Nev. Geo Co. Readies IPO
    Newly formed Ram Power Corp. plans to raise $100 million though an initial public offering to fund several projects. Canadian company Polaris Geothermal and American developers Ram Power and Western GeoPower merged this month to create Ram Power. The date of the IPO could not be learned.
    July 21, 2009
  • Chevron Unit Evaluates Wind Potential
    Chevron Global Power is evaluating its assets for more wind development after its foray into wind generation with the construction of its debut 16.5 MW facility in Evansville, Wyo.
    July 20, 2009
  • Citi Promotes Banker To Energy Team
    Citigroup has promoted Julian Mylchreest, chairman of Central and Eastern Europe, Middle East and Africa banking in London, to co-head of the energy, power and chemicals banking group.
    July 16, 2009
  • Astoria Equity On The Block
    Ownership interests in Astoria Project Partners' high profile Astoria and Astoria II gas fired plants are up for sale and are expected to be sold in the next week or two. Merrill Lynch is advising on the sale.
    July 16, 2009
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