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  • News
    News In Brief
    North America
    September 18, 2008
  • News
    Otter Tail Finances Wind With Common Stock
    Fergus Falls, Minn.-based Otter Tail will use proceeds from a public offering of five million shares of common stock to fund its $121 million wind farm stake and the expansion of subsidiary Discover Manufacturing Innovation's wind tower manufacturing facilities.
    September 17, 2008
  • News
    Texas Utility Issues $1.5B To Pay Down Revolver
    Oncor Electric Delivery Co. is planning to use the proceeds from a three-part $1.5 billion issue of senior secured notes to repay its short-term debt facility and for general corporate purposes.
    September 17, 2008
  • News
    Consumers Energy Taps Mortgage Bonds For Corp. Funds
    Consumers Energy has issued $350 million in taxable first mortgage bonds during a capital expenditure plan that calls for a projected $1.1 billion per year for generation additions through 2012.
    September 17, 2008
  • News
    Otter Tail Plots $350M Plant Funding
    Otter Tail Power is planning to finance its $350 million stake in a 500-580 MW coal-fired plant with equal portions of debt and equity.
    September 17, 2008
  • stuart-lee-epcor.gif
    News
    EPCOR To Fund Cogen Acquisition With Credit Lines
    EPCOR Power is planning to finance its $77 million agreed upon acquisition of Morris Cogeneration with revolvers already in place.
    September 17, 2008
  • News
    Sumitomo Adds LatAm Head
    Isaac Deutsch, a former head of Latin America structured and corporate finance at WestLB, has been hired for the new role of deputy general manager and head of Latin America structured and corporate finance at Sumitomo Mitsui Banking Corp.
    September 17, 2008
  • News
    Marathon Taps FBR Energy Guru For SF Office
    Marathon Capital has tapped Terry Grant, managing director in the energy group at FBR Capital Markets, as managing director of the firm's new San Francisco office.
    September 17, 2008
  • News
    Warren Buffet Co. To Buy Constellation
    MidAmerican Energy Holdings Co. has agreed to buy the outstanding shares of Constellation Energy Group for a cash consideration of about $4.7 billion, or $26.50 per share. The companies are expected to enter into a definitive agreement tomorrow.
    September 17, 2008
  • News
    BP, Dominion Select Trio For Ind. Wind
    BP Alternative Energy and Dominion have selected Bank of Tokyo Mitsubishi, BBVA and Société Générale as joint leads to arrange $425-430 million in financing for the first phase of the planned 750 MW Fowler Ridge wind farm some 90 miles northwest of Indianapolis.
    September 17, 2008
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