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  • Engineered Systems Wind Power Divisions is talking to lenders about $80 million in financing for its maiden three wind projects.
  • More than 1,000 utility executives, bankers and analysts gathered at the 43rd Edison Electric Institute Financial Conference held at the JW Marriott Desert Ridge Resort & Spa in Phoenix, Ariz., last week.
  • Midland, Texas-based Skyward Energy is looking for strategic partners and buyers for more than 50 projects in its 5 GW wind pipeline.
  • Barclays Capital has named Santino Basile and Carl Weatherley-White co-heads of its new energy structured finance group as it combines teams with Lehman Brothers.
  • Congressman Rick Boucher (D-Va.) has drafted a bi-partisan bill calling for the reduction of greenhouse gas emissions to 6% below 2005 levels by 2020.
  • Dynegy is in a strategic review that could result in a sale of the IPP. Financial advisors Goldman Sachs and Greenhill & Co. have been hired and dispatched information memoranda to potential suitors. A spokesman in Houston said the company does not comment on market rumors, Goldman declined comment and Greenhill did not return calls.
  • Barclays Capital has named Santino Basile and Carl Weatherley-White co-heads of its new energy structured finance group as it combines teams with Lehman Brothers. The naming of the two managing directors to the slots was announced by an internal memorandum yesterday evening. Basile and Weatherley-White remain based in New York and report to Chris Winchenbaugh, head of U.S. debt capital markets.
  • Exelon Corp. is not planning to raise its circa $6.2 billon bid for NRG Energy, but is pursuing the offer.
  • 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.
  • 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.