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EverPower Scouts $140M Wind Financing
New York-based EverPower Renewables is talking to lenders and tax equity investors to refinance a $140 million construction loan backing its 62.5 MW Highland wind farm.
April 23, 2009
Israeli Solar Co. Seeks Strategic Partners
AORA, an Israel-based solar developer, is looking for strategic partners in the U.S., Europe and Asia.
April 23, 2009
MMC Energy V.P. Exits, Plots Firm
Alex Sokoletsky, v.p. at MMC Energy in New York, has left the company to start an energy consulting firm. His last day was March 31.
April 23, 2009
Portland General Electric Plots Bond Issue
Portland General Electric is planning to issue at least $375 million in debt within the next 12-18 months.
April 23, 2009
Brookfield Renewable Pre-Funds Maturity With Issue
Toronto-based Brookfield Renewable Power has issued C$100 million ($81 million) of unsecured notes to pre-fund C$65 million in 4.65% notes coming due this fall.
April 23, 2009
FirstEnergy Sub Issues Bonds, Takes Out Debt
FirstEnergy subsidiary Toledo Edison is pricing $300 million senior secured notes this week as it looks to pay down $107 million in short-term debt.
April 23, 2009
News In Brief
Americas
April 23, 2009
"I have no doubts that this economy will improve in the next four to five years, but I wouldn't want to finance this project right now."
--Joseph Oates, v.p. of energy management at ConEdison in New York, on developing a 350-700 MW offshore wind farm with the Long Island Power Authority.
April 23, 2009
One Year Ago In Power Finance & Risk
New York Power Authority was evaluating bids into its call for 500 MW of new capacity for the five boroughs of New York City
April 23, 2009
AES Unit Tweaks Campiche Financing
AES Gener has reportedly scaled back the amount of debt on its 270 MW Campiche project in Chile to around $200 million from $445 million. The balance will be replaced with equity from the sponsor.
April 23, 2009
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