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The Department of Energy is considering allowing banks, rather than sponsors, to apply for loan guarantees for renewables and transmission projects under the American Reinvestment and Recovery Act.

Goldman Sachs and Sumitomo Mitsui have landed advisory roles for the $1.4 billion financing of Conduit Capital Partners' Kuntur Transportadora de Gas pipeline in southern Peru.

Calyon, Mashreqbank and Standard Chartered are set to close a $1.7 billion financing for Al Dur by the end of the month or early next month after lassoing in four more banks.

New York-based Just Energy is looking to raise $5 million in equity ahead of expanding its development team to handle a 150 MW photovoltaic pipeline.

AES is reportedly in talks to sell Latin American assets. It could not be learned if the company has engaged a firm to run the sale and the scope of the assets on offer could not be determined.

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. “It’s a new development opportunity for EDF Trading which enables us to link with the new flow of activity enabled by Calyon’s expertise, standing in the market and client base,” says an EDF spokeswoman in London. The company selected Calyon because of a strong relationship with the bank and its lending activity in the energy sector, she says.

Goldman Sachs and Sumitomo Mitsui have landed advisory roles for the $1.4 billion financing of Conduit Capital Partners’ Kuntur Transportadora de Gas pipeline in southern Peru. Goldman is handling the search for strategic partners on the equity side and Sumitomo will look to arrange financing for the debt portion of the construction funding, says a project financier. The sponsor aims to finance the project with 50:50 debt and equity (PFR, 3/20).

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. De La Rosa sent a letter to the utility suggesting the offering after looking at LADWP’s existing debt profile. “The savings looked great,” says Ed De La Rosa, president in Los Angeles.

New York-based Just Energy is looking to raise $5 million in equity ahead of expanding its development team to handle a 150 MW photovoltaic pipeline. “We’re about to embark on a capital raise,” says Matt Rudey, co-founder and ceo. The company, which will look to secure funds this summer, is after strategic investors like infrastructure funds on the finance side or business development partners that own or control large quantities of real estate.

International Power is reportedly aiming to sell three plants in the Czech Republic.