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  • Macquarie Capital is expected to tap a club of three to four banks in the next several weeks for roughly $100 million backing a 35 MW solar project in Amherstburg, Ontario. The deal will likely consist of a five-year term loan to be taken out with long-term debt at maturity for the project originally owned by SunPower Corp. and Helios Energy.
  • Bakersfield, Calif.-based Liberty Energy Resources is talking to lenders and equity investors for $90 million in financing for a 6.5 MW sewage-powered project.
  • 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)].
  • --Helen Kehrt, director of treasury services at the Jacksonville Electric Authority in Jacksonville, Fla., on Dexia Crédit Local declining to renew a letter of credit back $154 million in variable-rate bonds.
  • News In Brief is a summary of publicly reported power news stories. The information has been obtained from sources believed to be reliable, but PFR does not guarantee its completeness or accuracy.
  • You may have thought a hamster spinning in its wheel could make for a creative way to power a lightbulb, but scientists at Georgia Tech have taken the middle school science fair experiment to a whole new level.
  • Starwood Energy Group has taken a majority stake in solar developer Nautilus Solar Energy ahead of a buildout of its utility-scale project pipeline.
  • Ridgewood Renewable Power is marketing two landfill gas-to-energy facilities in Orange County, Calif., and Providence, R.I., via Ewing Bemiss & Co.
  • Ray Henger and Lee Mallett, managing directors at Credit Suisse in New York, have left the bank following its round of 5,300 layoffs last month.
  • CER Generation, a unit of Constellation Energy, was named the stalking horse for Calpine's 774 MW Hillabee Energy Center in Alexander City, Ala.