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  • --Ed Muller, chairman and ceo of Mirant at the Platts 24th Annual Global Markets Conference in Las Vegas, on money raised via carbon legislation or from a cap-and-trade market.
  • Babcock & Brown was soliciting interest from potential tax equity investors in six U.S. wind project with a combined 638 MW capacity.
  • Petrom, Romania's largest oil and gas group, is looking for funds to finance a EUR500 million ($673.55 million), 860 MW CCGT plant it is planning to build in Brazi.
  • Competitive Power Ventures is looking to fund a few hundred megawatts of wind projects in Kansas and Oklahoma late this year.
  • Energy Investors Funds is in the process of funding two biomass projects in the Northeast.
  • Location and power pricing will be the determining factors for companies bidding into Entergy Services call for 550 MW of combined cycle gas turbine generation in Louisiana. “I would say location and price because of transmission hook-up and cost is always a factor,” says Robert Sinclair, v.p. of Potomac Economics in Arlington, Va., the independent monitor running the process to ensure fair and ethical evaluations. An Entergy spokesman declined to make an official available.
  • Oakland, Calif.-based Orion Energy Group is talking to banks for a $100 million term loan that would be backed by its 130 MW wind farm in Benton County, Ind. The company has reportedly been in discussions with BNP Paribas, Dexia Crédit Local and WestLB and is looking to secure funds by quarter-end. Bank officials either declined to comment or did not return calls and Reid Buckley, cfo of the BP Alternative Energy-owned company, did not return a call. A BP official declined to comment or make an official available.
  • Roughly 30-40 lenders attended the retail syndication launch this morning of financing backing the acquisition of Midland Cogeneration Venture’s 1.5 GW plant in Midland, Mich. Some project financiers say the leads may need to flex up pricing to capture commitments.
  • NuScale Power is raising funds in preparation of filing a licensing application for the design of small-scale nuclear reactors.
  • Oakland, Calif.-based Orion Energy Group is talking to banks for a $100 million term loan that would be backed by its 130 MW wind farm in Benton County, Ind.