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  • 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.
  • Lehman Brothers could face a tough sell to liquidate its renewable energy tax equity investments in the secondary market.
  • Quarterly ticking fees will be paid on the financing backing Babcock & Brown Infrastructure Fund North America’s purchase of two Dominion natural gas utilities.
  • Denham Capital Management has hired Juliet Wallace, managing director at Fieldstone Private Capital Group in New York, for a new slot as a director focusing on investments in the power and carbon in the U.S. and internationally.
  • >> Lehman Brothers Bankruptcy Petition
  • Federico Florian, director of energy and environmental finance at Halifax Bank of Scotland in London, has left for KfW IPEX-Bank in the new position of director of infrastructure finance for U.K. and Ireland.
  • Georgia Power is preparing a request for proposals on 800-1200 MW that the largest Southern Co.-subsidiary is set to issue this month.
  • MarkWest Pioneer is awaiting approval from the Federal Energy Regulatory Committee to go ahead with construction with its near $110 million planned Arkoma Connector Pipeline--a 50-mile gas pipeline to be located in Coal, Atoka and Bryan Counties, Okla.
  • Innergex Renewable Energy is looking to mandate a bank by November to arrange financing for its recently acquired 7.5 MW Fitzsimmons Creek hydro project in British Columbia.
  • WestLB has launched syndication of nearly EUR1.3 billion ($1.84 billion) in debt to support Trianel Power-Projektgesellschaft Kohlekraftwerk's 750 MW Lünen coal plant in North Rhine-Westphalia, Germany.