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  • PECO issued $300 million in first mortgage bonds to take advantage of a small reprieve in the turmoil plaguing credit markets.
  • Long Island Power Authority is planning to issue $549 million of 2008 series A and B electric system bonds and may convert $200 million Financial Security Assurance-insured variable rate bonds to fixed rate notes.
  • Barclays Capital has set mid-November as the deadline for final bids for Juniper Generation, a portfolio of nine California projects being sold by ArcLight Capital Partners.
  • HSH Nordbank has tapped Brian Caldwell, former director of the portfolio group within Credit Suisse's project finance team, to head portfolio management for the energy group as the bank expands its team.
  • Mill Valley, Calif.-based Solar Power Partners will use equity from Energy Investors Funds to develop 22 projects with a combined 10 MW capacity by year-end.
  • FE Clean Energy Group, a private equity fund manager, is looking to sell assets and planning a hard close for its fifth fund by March.
  • Commitments are due in the next few days for Merrill Lynch’s $250 million mezzanine financing for Longview Power, owner of a 695 MW supercritical pulverized coal plant under construction in Maidsville, W. Va.
  • Relight is planning to shortlist banks in the next few months to arrange a EUR55 million ($80.42 million) financing to support the construction of a 10 MW photovoltaic solar facility in southern Italy.
  • T G Power, a geothermal developer, is seeking a buyer for its 12-14 MW Hot Sulphur Springs late-stage geothermal generation project in Elko County, Nev., to avoid foreclosure on the project.
  • Dan Ford’s Lehman Brothers equity research team is firing up coverage under new owner Barclays Capital.