Royal Bank of Scotland and was in talks with Barclays Capital to co-lead a $1 billion financing supporting Allco and Industry Fund Management's acquisition of Consolidated Edison Development's 1.7 GW portfolio [Allco sold its stake in the deal to IFM and RBS declined to participate in the syndication, which saw Barclays bring in 16 other banks to close the deal (PFR, 7/25)].
February 19, 2009