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  • San Diego Gas & Electric is planning to finance half of its $1.5 billion Sunrise PowerLink transmission project with debt issuances.
  • Chermac Energy Corp. is planning to sell a portfolio of 1 GW in wind projects in various stages of development in Oklahoma and Texas, with a ball park valuation of $2.5 billion. NorthWinds Advisors is running the sale and targeting mainly strategic buyers.
  • Caithness Energy affiliate DCE is looking to sell its 909 MW Shepherd's Flat wind project in development in Gilliam and Morrow Counties, Ore.
  • Denmark's DONG Energy is seeking a EUR250 million ($336.76 million) loan from the European Investment Bank for its EUR515 million, 172 MW Gunfleet Sands Offshore Windfarm about four miles southeast of Clacton-on-Sea, Essex in the U.K.
  • Standard Bank has hired Paul Eardley-Taylor, senior v.p. of debt and infrastructure at HSBC in Johannesburg, as head of energy and infrastructure for South Africa and Africa.
  • Advanced Power has kicked off a competitive process seeking a majority investor in the company to provide capital for its pipeline.
  • Tenaska Capital Management will fund its agreed upon acquisition of MACH Gen's New Covert Generating Co.--owner of 1.1 GW gas-fired Covert Generating in South Haven, Mich.--entirely with equity.
  • Whirlwind, a subsidiary of the Casper, Wyo.-based oil company Wold, is looking for investors to develop its maiden 150 MW Lonesome Bronco wind farm in Rock Springs, Wyo.
  • Yankee Gas has tapped the private placement market for $100 million in 6.9%, first-mortgage bonds, taking advantage of a brief respite from recent turmoil.
  • Southern California Edison has issued $500 million in 5.75% first and refundable mortgage bonds as it gears up for a five-year $20 billion capex plan.