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  • EDF Trading and Calyon have agreed to create a trading business focused on the European gas and power market and global coal market in order to access new segments of the industry.
  • Calyon, DnB Nor, Société Générale, and WestLB are in the process of finalizing the financing for Pacific Hydro's 106 MW Chacayes hydro project in Chile.
  • Boutique advisor Bodington & Co. is planning to release information memoranda within the next week for a 32.5 MW biomass facility in Scotia, Calif., south of Eureka.
  • Denham Capital-backed BioTherm Energy, a South Africa-based developer, is targeting financial close for four projects by year-end.
  • Caletta Renewable Energy and Banc of America Securities will likely launch financing in the summer for the sponsor's three alternative energy projects in New England and the Rust Belt totaling $900 million.
  • Maple Grove, Minn.-based Great River Energy has issued a request for proposals for 1.6 gigawatt hours of renewable generation.
  • The Los Angeles Department of Water and Power tapped De La Rosa & Co. as bookrunner on an issuance of $172.1 million of power system bonds after the firm proposed the opportunity to the utility.
  • Waltham, Mass-based Maritime & Northeast Pipeline is funding a natural gas pipeline expansion with a $585 million private placement.
  • AES is reportedly in talks to sell Latin American assets.
  • El Paso is auditioning advisors for a $3 billion financing of its Ruby Pipeline.