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  • News
    First Wind Financier Exits
    Tim Rosenzweig, senior v.p. of finance at First Wind, has left the wind developer. “He was the one that used to push us. He was very professional and very aggressive,” says a banker in New York. Rosenzweig left two weeks ago. The reasons behind his departure and his plans for employment could not be learned.
    June 15, 2009
  • News
    Utility To Take Over Hong Kong Offshore Wind
    CLP Power Hong Kong will soon take over the entire ownership of the 200 MW offshore wind farm it is developing with wind energy company Wind Prospect in the southeastern waters of the Hong Kong Special Administrative Region.
    June 11, 2009
  • News
    NaturEner Targets $500M Mont. Farm Financing
    NaturEner USA is planning to approach lenders to borrow $500-550 million for a 309 MW wind farm in Montana.
    June 11, 2009
  • News
    CEZ, Others Chase Czech Assets
    Six parties are reportedly planning to bid for International Power's Czech facilities, worth an estimated $1.36 billion (PFR, 5/15), including local power giant CEZ Group and local private equity firm J&T Finance Group.
    June 11, 2009
  • News
    Canadian Manager Makes Emission Plays
    Creststreet Asset Management's Creststreet Alternative Energy Fund is reacting to pending legislation that will require companies to possess carbon emissions permits by adjusting its portfolio to invest in firms that are set to profit if the bill passes.
    June 11, 2009
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    News
    Westar Sub Repays Revolver With Upsized Issue
    Kansas Gas & Electric Co. is planning to use the proceeds from a $300 million issue of 10-year, 6.7% first mortgage bonds to pay down its revolver.
    June 11, 2009
  • News
    Xcel Plots $400M Bond Issue
    Minneapolis-based Xcel Energy will look to relationship banks for an upcoming $400 million bond issue at subsidiary Northern States Power Co. Minnesota.
    June 11, 2009
  • News
    Canadian Renewable Developer Hails Gov't Regs
    Canadian Hydro Developers is beginning development on some solar and wind projects and considering development of others, spurred by the Green Energy Act recently passed by the Ontario government.
    June 11, 2009
  • News
    Millennium Closes First Polish Power Deal
    Millennium BCP has closed on its first deal as a lead in the Polish power sector.
    June 11, 2009
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    News
    GE, Plutonic Prep Dokie Funding
    GE Energy Financial Services and Plutonic Power are in talks with Manulife Financial to provide C$200 million ($181.28 million) in debt to complete construction of the 300 MW Dokie Ridge wind project near Chetwynd, B.C.
    June 11, 2009
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