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  • Americas
  • Consolidated Edison Company of New York is planning to use the proceeds from the sale of $600 million in10-year unsecured notes to repay short-term commercial paper and for general corporate purposes.
  • Montana Alberta Tie has signed a commitment letter for $99 million in senior credit facilities with HSH Nordbank to finance its recently approved 214-mile, 230 kV transmission line.
  • Houston-based developer Element Markets is in early talks with banks to line up debt backing the development of a 35 MW biomass project in Alberta.
  • Erik Codrington, director in Citigroup's global structured finance team, has left the bank amid its downsizing. His role has been filled internally following his departure late last month, says an official who declined to elaborate.
  • Sidney, B.C.-based Aeolis Wind Power is seeking strategic partners and financing for a 1 GW expansion of two wind projects with a cost of up to C$3 billion ($2.4 billion) in the province's Peace Region.
  • Calpine Corp. has reportedly selected WestLB to arrange financing for a 400 MW expansion to its 1 GW combined-cycle gas turbine Deer Park Energy Center near Houston in Harris County, Texas.
  • The Royal Bank of Scotland has appointed Fiona Paulus to the newly created position of coverage head for energy and natural resources for Europe, Middle East and Africa.
  • Edmonton-based EPCOR Utilities is considering financing options for its C$500 million ($397 million), 142 MW wind farm in Tumbler Ridge, British Columbia.
  • Astoria Energy II has reportedly picked Natixis to arrange $800 million to $1 billion in financing for its 500 MW, gas-fired plant at Bowery Bay/ Steinway industrial complex in Queens, New York.