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  • 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.
  • Chris Stala, director in KPMG Corporate Finance's energy and natural resources team in New York, has left the firm.
  • LS Power along with Luminus Management has received approval from the Federal Energy Regulatory Committee to increase its stake in Calpine Corp. to up to 40%.
  • T. Boone Pickens is looking to President-elect Barack Obama's incoming administration to facilitate renewables financing, following a slowdown of traditional lending due to market turmoil.
  • 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. The appointment was announced internally last Wednesday.
  • When Ralphie Parker nearly shot his eye out with a Red Ryder BB gun in A Christmas Story, he lied and told his mother that an icicle had fallen and hit him. If he were to concoct that story today, he might blame it on an ice "javelin" flung from the nearest wind turbine.
  • Earth Capital Partners, a London-based fund manager, will soon start fundraising for dedicated funds in the sustainable, renewable and clean tech asset classes.
  • Edmonton-based EPCOR Power is considering financing options for its C$500 million ($397 million), 142 MW wind farm in Tumbler Ridge, British Columbia.
  • 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 natural gas pipeline and storage company Enterprise Products Operating will use the proceeds from its $500 million bond issuance for liquidity and to pay down debt on a $1.75 billion revolver.