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  • News
    EDP Unit Nears $1.2B Financing
    Energias de Portugal subsidiary Energias do Brasil is close to securing $1.2 billion in long-term financing for a coal-fired plant in the northern Atlantic state of Ceara, Brazil.
    March 11, 2009
  • News
    Solar JV Preps Funding Search
    Joint venture Gemini Solar will look to line up non-recourse project financing before the end of this year for its 30 MW photovoltaic solar project near Austin, Texas.
    March 11, 2009
  • News
    Utility Execs: Renewable Standards Costly, Unrealistic
    Utilities say renewable portfolio standards are unlikely to be met in the near-term, and charge that the cost to meet those goals, including a cap-and-trade system and new infrastructure, is not fully understood by regulators. That was the consensus of a panel of utility executives at the Standard & Poor’s 16th Annual Utilities Conference 2009 at the McGraw-Hill Companies in New York this morning.
    March 10, 2009
  • News
    Carlyle Downsizes Target For Middle East Fund
    The Carlyle Group cut its $750 million fundraising goal for its first Middle East and Northern Africa fund to $500 million due to global economic difficulties.
    March 10, 2009
  • News
    El Paso Seeks Commitments For Elba
    El Paso is looking for commitments by March 31 from relationship banks interested in joining the $350 million financing for its Elba Express pipeline.
    March 09, 2009
  • News
    Energy Fund Plots Expansion
    New Energy Fund, a sustainable energy and technology-based hedge fund, is targeting $500 million for its renewable energy vehicles between the next three to 10 years. “We would love to find a partner that would boost us to $500 million right now, but we will have to do that on the basis of our performance laurels, which we expect to start improving this year,” says Mark Townsend Cox, who founded the fund about five years ago in New York.
    March 09, 2009
  • News
    Green Mountain Wind Farm On Block
    Credit Suisse is shopping First Wind's 40 MW Sheffield wind farm under development in Vermont.
    March 05, 2009
  • News
    Indian Co. Moves Into Generation
    India-based ACME Group is making its first move into utility-scale generation with its agreement with eSolar to develop 1 GW of solar thermal plants in India over the next decade.
    March 05, 2009
  • News
    "We feel there's going to be a fair amount of consolidation and some cherry picking in projects."
    --Paul Pede, president of Gilead Power Corp. in Peterborough, Ontario, on the company's decision to shelve wind project development in favor of acquisitions.
    March 05, 2009
  • News
    Bids Taken To Finance Botswana Plant
    Botswana Power Corp. has received bids from lenders for the planned 1.2 GW expansion at 132 MW coal-fired Morupule, near Palapye in southeast Botswana--the country's largest power plant.
    March 05, 2009
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