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  • RWE Hunts Partner For Offshore Wind
    RWE Innogy and subsidiary npower renewables are looking for a joint venture partner for the planned 750 MW Gwynt y Môr offshore wind project in the Irish Sea.
    November 13, 2008
  • Reporter's Notebook
    Royal Bank of Scotland usually rents Maseratis, Ferraris and other luxury sports cars for clients interested in some high-octane recreation, but due to budget cutbacks they traded in the hot wheels and went go-karting instead.
    November 13, 2008
  • Ontario Pension Cash Funds Oncor Stake
    The Ontario Municipal Employees Retirement System is financing its $1.254 billion, 19.75% stake purchase in Texas electricity supplier Oncor entirely with equity.
    November 13, 2008
  • ITC Units Fund Revolvers, Capex With Bonds
    Two ITC Holdings subsidiaries will issue a combined $250 million in first mortgage bonds to repay revolvers funding their combined $2.2 billion 10-year capital expenditure plan.
    November 13, 2008
  • Pepco Dips Into Equity, Debt Marts For Liquidity Boost
    Pepco Holdings issued $220 million in common stock and its subsidiaries are gearing up to issue a combined $750 million in long-term bonds to ensure liquidity in light of financial market turmoil.
    November 13, 2008
  • News In Brief
    Americas
    November 13, 2008
  • Dynegy On The Block
    Dynegy has hired Goldman Sachs and Greenhill & Co. to put out a book to potential suitors, confirming market speculation (PFR, 10/27) that the IPP is in play.
    November 13, 2008
  • Gamesa Eyes Portfolio Sale, Exiting Market
    Spanish wind company Gamesa is shopping its development portfolio of wind projects in the U.S. as it looks to focus on turbine manufacturing.
    November 13, 2008
  • Utilities Pare Back Spending Plans
    U.S. utilities are cutting capital expenditure plans for next year due to difficulty accessing financing in the capital markets.
    November 13, 2008
  • SkyPower Takes Bids For Company, Assets
    Canadian wind developer SkyPower and advisor Marathon Capital are receiving offers from parties to purchase 100% of the company or become an equity partner.
    November 13, 2008
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