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Vietnam Coal Plant Developers Plot Financing
A joint venture owned by Mitsubishi Corp., Hong Kong's CLP Holdings and state-owned Vietnam Electricity plans to seek some $1 billion in commercial bank financing to cover 40% of the cost of a 2 GW supercritical coal-fired project in Vietnam.
October 23, 2008
KGen Ices Asset Sale
KGen will wait for the market turmoil to relent before concluding its sale process for its assets or the entire company.
October 23, 2008
S.C. Utilities Mulls Financing For Nuke Expansion
Santee Cooper and South Carolina Electric & Gas will finance their $10.7 billion, 2.2 GW expansion of the Summer Nuclear Station in Jenkinsville with debt, equity and the Department of Energy's Loan Guarantee Program.
October 23, 2008
Details Emerge On South Point Tax Equity
Biomass Group is looking for $160 million of tax equity for its 200 MW wood-fuel South Point, Ohio, project and is also considering selling the project outright.
October 23, 2008
Hydro Developer Seeks Strategic Investors
Fall River, Mass.-based Ocean Renewable Power Company is seeking equity investors for its three maiden $122-148 million projects.
October 23, 2008
South Africa Preps 3.2 GW RFP
The Coega Development Corp., a South African government agency, is gearing up to issue a request for proposal aimed at international developers for a 3.2 GW gas-fired facility in Port Elizabeth, South Africa.
October 23, 2008
Dominion Aims To Hook Up With BP For More Wind
Dominion is looking to partner with BP Alternative Energy again on wind projects in Virginia.
October 23, 2008
Cogen Developer Lands Belgium Financing
Richmond, Va.-based renewables company Intrinergy and a partner have landed EUR34 million ($47 million) in senior secured debt for a cogeneration biomass project in Belgium.
October 23, 2008
Private Equity, Clubs Tipped To Fuel Renewables
The number of private equity investments and club deals for renewables will rise as lending costs soar in the wake of financial market turmoil, say industry bigwigs.
October 23, 2008
JPM Wraps Another Spanish Tariff Securitization
JPMorgan has closed the third securitization of a Spanish power tariff deficit worth EUR582.6 million ($771 million).
October 23, 2008
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