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Kellerman Anointed Goldman Partner
Larry Kellerman, president of Cogentrix Energy and managing director in the commodities division of Goldman Sachs, is one of 94 employees who were named partners at the firm last Wednesday.
October 30, 2008
London Firm Launches Alt. Energy Strat
London-based hedge fund and seeding firm VCM Fund Management has launched a global equity long/short and derivatives fund investing in companies positively affected by climate change.
October 30, 2008
Developer Taps Mid-American For Sales Role
Wind Capital Group has tapped for the new role of v.p. of power sales origination Greg Merrigan, director of marketing and asset optimization at Mid-American Energy Holdings subsidiary CalEnergy.
October 30, 2008
SCPPA Renewable RFP Draws Crowd
Some 35 developers have submitted proposals into Southern California Public Power Authority request for proposals for renewable generation since Oct. 1.
October 30, 2008
SocGen Loses Syndications Head
Gail McDermott, head of loan syndications at Société Générale, is joining New York Life Investment Management.
October 30, 2008
PPL Unit Plots Nuke Financing
Project company PPL Bell Bend is planning to seek equity partners to join it in financing roughly 20% of its $15 billion, 1.6 GW Bell Bend nuclear project.
October 30, 2008
Ameren Unit Funds Revolver With $400M Sale
Illinois Power, doing business as AmerenIP, will use proceeds from its $400 million private sale of 9.75% senior secured notes to replenish its aggregate $1 billion revolving credit facilities and money pool.
October 30, 2008
John Deere To Finance Thumb On Balance Sheet
John Deere Renewables is financing its acquisition of an undisclosed sum of 69 MW Noble Thumb Windpark in Huron County, Mich., from Noble Environmental Power on balance sheet.
October 30, 2008
PG&E Issues $600M For Capex
Pacific Gas & Electric will use proceeds from a $600 million, 8.25% senior unsecured note issuance to refinance commercial paper funding its $13 billion capital expenditures plan.
October 30, 2008
IFM Bulks Up NY For Acquisitions
Industry Funds Management has tapped Royal Bank of Scotland and Merrill Lynch executives to fill out its New York management team as it looks to take advantage of lower prices due to market turmoil.
October 30, 2008
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