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  • News
    Solar Co. Plots Pipeline Financing
    San Francisco-based Recurrent Energy is planning to finance the development of a 350 MW pipeline in southwestern U.S., Hawaii and Ontario, Canada, it has acquired from developer UPC Solar with a blend of debt and equity.
    March 19, 2009
  • News
    SkyPower To Re-Launch Sale Process
    SkyPower is looking to restart the sale process for its pipeline of wind and solar assets following the divestiture of wind turbines and the announcement of the first feed-in tariff in North America by Ontario Ministry of Energy and Infrastructure.
    March 19, 2009
  • News
    Geothermal Co. Seeks Investors
    Ram Power is seeking investors for its debut pair of geothermal projects in California and Nevada.
    March 18, 2009
  • News
    U.K. Lime Producer Plots Facility Financing
    Singleton Birch is planning to finance its planned GBP40 million ($56.1 million), 6 MW gasification facility in North Lincolnshire, England, with a blend of equity and traditional project financing.
    March 18, 2009
  • News
    Buyers Close To Inking Midland Cogen Deal
    EQT Infrastructure Fund and IPP Fortistar are set to sign the papers today for their purchase of Midland Cogeneration Venture’s 1.5 GW plant in Midland, Mich. Guernsey-based EQT will hold at least 65% of the project, with White Plains, N.Y.-based Fortistar taking the balance. Regulatory approval is expected in four to six weeks.
    March 17, 2009
  • News
    SCANA Increases Issue To $175M
    SCANA subsidiary South Carolina Electric & Gas increased a first mortgage bond issue by $25 million to $175 million to meet demand.
    March 17, 2009
  • News
    RBS And UBoC Launch GenConn Deal
    The Royal Bank of Scotland and Union Bank of California have launched syndication of $534 million in financing supporting GenConn’s two Connecticut peakers. The leads began sounding out other lenders last week with tickets between $25-65 million for three tiers. Pricing is in the range of LIBOR plus 350, bankers say and commitments are due in the beginning of next month.
    March 16, 2009
  • News
    Former AIB Banker Moves Into Consulting
    Chris Gifford, formerly v.p. and principal officer of Allied Irish Bank’s Canada branch, has started project finance consultancy AVIRA Capital. “There’s a lot of investment required in Canada, and there is a lot of international expertise that can be brought to bear in Canada,” says Gifford in Toronto. He will focus on power and infrastructure deals.
    March 16, 2009
  • News
    Developer Hunts Financing For Africa Project
    Developer CIC Energy is talking to lenders and potential equity investors to raise $3 billion for its 1.2 GW Mmamabula coal-fired project in Mahalapye, Botswana.
    March 12, 2009
  • News
    Banks Line Up On Edison Wind Portfolio
    BNP Paribas, Royal Bank of Scotland, and WestLB are expected to take roughly $50 million commitments each in Edison Mission Energy's roughly $220 million wind portfolio.
    March 12, 2009
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