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  • Banco Espirito Santo has hired Oliver Langel, executive director for infrastructure at WestLB, as it expands into renewable project finance in North America.
  • EdF Energies Nouvelles unit enXco has purchased from SkyPower 270 MW of General Electric SLE 1.5 MW turbines set to be delivered in 2009.
  • Calgary, Alberta-based renewables developer WindRiver Power Corp. is quietly seeking a joint venture partner for its development pipeline. FirstEnergy Capital Corp. was recently tapped to run the process.
  • Prague-based CEZ is planning to apply to the European Investment Bank for a circa EUR500 million ($628.96 million) loan to fund a wind project in Romania.
  • Madrid, Spain-based solar developer Fotowatio is looking at additional solar photovoltaic acquisitions and aiming to have a few gigawatts online by year-end.
  • Lead arrangers Dexia Crédit Local and Rabobank are planning to launch a EUR900 million ($1.31 billion) club financing supporting the 330 MW Belwind offshore wind project.
  • Coram Energy is seeking buyers for its 1,457 wind portfolio and has hired Marathon Capital to run the process.
  • At least two lenders have taken top-tier positions in a $375 million construction loan supporting First Wind's Milford Corridor wind farm.
  • The Royal Bank of Scotland's European power project finance team is shifting its focus to renewables and will lend much more on a case-by-case basis following the announcement of a bank-wide strategic review.
  • Two Spanish engineering companies and financial advisor Citi are near mandating a group of banks to finance their $380 million, 366-mile transmission line in Peru.