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Alternating Current: Eel Power For Pacemakers
Grandma's pacemaker could be receiving a jolt from the electric eel.
November 13, 2008
"We think the offer is very sweet as it is."
--Christopher Crane, president and coo of Exelon Corp., on the company's decision not to raise its approximately $6.2 billion bid for NRG Energy.
November 13, 2008
One Year Ago In Power Finance & Risk
Goldman Sachs and Cargill subsidiary CarVal Investments launched the sale of their 1,875 MW combined-cycle gas turbine facility in Teesside, England.
November 13, 2008
MMC Hunts Buyer, Equity Partner
MMC Energy is looking to sell assets or the company outright, or alternatively take an equity infusion partly due to the inability to access the capital markets.
November 13, 2008
Dutch Fund Eyes Renewable Projects
Dutch fund manager DIF is looking for onshore wind and photovoltaic solar projects to acquire in western Europe following the first close of its DIF Infrastructure II fund with EUR200 million ($250.47 million).
November 13, 2008
NRG Loans Stable On Buyout News
NRG Energy loans barely rippled after Exelon took its offer for the Princeton, N.J.-based company directly to NRG shareholders last Wednesday.
November 13, 2008
Calif. Developer Hunts Financing
American Environmental Energy, a Costa Mesa, Calif.-based renewable energy developer founded earlier this year, is looking for $39-45 million for the first phase of three initial projects in the next two months.
November 13, 2008
Developer Zeroes In On Nicaragua Geothermal Funding
Polaris Geothermal is looking to wrap up $120 million in debt and equity financing for a 24 MW second phase at its 8.5 MW San Jacinto Tizate geothermal plant near Lyon, Nicaragua.
November 13, 2008
Two Join Shiloh Club
CIC Group and Dexia Crédit Local have joined NordLB to wrap-up a $350 million club financing for enXco's 150 MW Shiloh II wind farm.
November 13, 2008
Carbon Fund Gets Government Cash
Natsource's Carbon Asset Pool has received a first investment from a government--in the form of Portugal--as the fund nears its final close at EUR200 million ($253.4 million).
November 13, 2008
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