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  • Enel North America is near closing on roughly $140 million in tax equity for its 148.5 MW Smoky Hills II wind farm, the first of three deals it plans to close in the next two months.
  • "The nuclear renaissance is a reality, but it is on people in this room to keep bringing a reality check to the process and not bring rose-colored glasses."--Michael Wallace, chairman of UniStar Nuclear Energy and president of Constellation Energy Nuclear Group, on the dangers of complacency about the need for new nuclear. (2/11).
  • Bank of America and Merrill Lynch have named Parker Weil and Chris Mize co-heads of the Americas energy and power group for the combined institution.
  • DKRW Energy, founded by former Enron officials Ron Doyle, Bob Kelly and Dave Ramm, is looking for a strategic partner for its wind business and has hired Marathon Capital to help with the search.
  • Uncertainty over pricing and a lender reluctance to deploy capital have put the breaks on deal flow since the Lehman Brothers Holdings' collapse in September.
  • Iberdrola has submitted a divestiture plan to the New York Public Service Commission for approval to sell five assets as part of its EUR6.091 billion ($8.49 billion) acquisition of Energy East.
  • The Year By Month
  • Orlando, Fla.-based Cross and Crown Foundation is on the hunt for wind farms under development as it seeks to invest more than $500 million during the first quarter.
  • The purchases of Bear Stearns and Lehman Brothers stand out as two of the biggest banking acquisitions of the year and have led to realignment of their executives within the banks' power coverage.
  • Americas