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Edison Mission Energy has dropped the amount of debt in its ongoing wind portfolio financing from around $220 million to $202 million.

Sempra subsidiary San Diego Gas & Electric has issued $300 million in first mortgage bonds as it looks to fund a $5.8 billion capital expenditure program over the next five years.

Atlanta-based Southern Co. has joined several of its peers in the capital markets with an issue of $350 million in senior unsecured notes.

Everpower Renewables was mulling how to finance three wind projects costing up to $1 billion.

Americas

Enel North America is moving into the development of photovoltaic solar projects.

--Jacob Susman, ceo of wind developer OwnEnergy in New York, on hiring Ray Henger, former managing director at Credit Suisse, as finance director.

Atlanta-based Southern Co. has joined several of its peers in the capital markets with an issue of $350 million in senior unsecured notes. “The market has really loosened up. A lot of companies are seeing opportunities to issue at pretty low rates,” says Mike Haggerty, v.p. and senior credit officer at Moody’s Investors Service in New York. San Diego Gas & Electric, the Municipal Electric Authority of Georgia, and Black Hills Corp., have issued debt in the past week. The company priced the 4.15% five-year notes on May 11 and closed the issue yesterday. Moody’s rates the notes A3.

Ray Henger, a former managing director at Credit Suisse, has been tapped to fill the new position of finance director for New York-based wind developer OwnEnergy. “We’ve gotten to the point in the company evolution that it was time to have someone who was capable and experienced like Ray and lead up financing,” says Jacob Susman, ceo. “Ray coming in is a huge boon to our ability to bring in more opportunities and scale the business more rapidly.”

Robert Franson, former v.p. of Bank of Ireland, has joined Energy Investors Fund as a v.p. managing portfolio investments. “In Rob, we saw a number of positive attributes, especially his experience in energy banking and project finance,” says Mark Segel, partner at EIF in Needham, Mass. Franson, relocated to Needham from Stanford, Conn., and reports to Segel. He started in the position last month.