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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 20, 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 20, 2008
NRG, Sector Jump In Secondary After Takeover Bid
NRG Energy bonds and loans jumped five to seven points in the secondary market today after Exelon’s $6.2 billion bid for the Princeton, N.J.-based energy producer.
October 19, 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 19, 2008
One Year Ago In Power Finance & Risk
Energy Investors Fund was taking bids to lead financing for its 400 MW gas-fired Panoche plant in Fresno, Calif.
October 16, 2008
Sea Breeze Seeks Investors For $2.3B
Vancouver-based Sea Breeze Power is seeking strategic partners to invest $2.3 billion into wind, hydro and transmission projects.
October 16, 2008
Westar To Issue Debt For Transmission Line
Westar Energy is planning to finance half of its $600 million 745 kV Prairie Wind transmission line with first mortgage bonds or debentures.
October 16, 2008
News In Brief
* The Ontario Municipal Employees Retirement System is teaming with other investors to purchase an undisclosed U.S. energy company worth more than C$10 billion ($8.6 billion), according to CEO Michael Nobrega (Bloomberg, 10/14).
October 16, 2008
Alternating Current: Canadian Candidate Gains Offsets, Loses Election
Stephane Dion, liberal prime ministerial candidate for Canada, has lost his re-election race despite his "carbon negative" campaign.
October 16, 2008
"You won't talk to a cfo today who isn't a little bit nervous about what's going on."
--Dennis Arriola, cfo at San Diego Gas & Electric, on plans to use commercial paper for construction financing and the freeze in credit markets.
October 16, 2008
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