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  • 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 structured finance for U.K. and Ireland.
  • 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.
  • Oriel Windfarm is exploring several different options for a financing of more than EUR623 million ($885 million) for an estimated 330 MW offshore wind farm it is developing 19 km south east of Dundalk, Ireland, in the Irish Sea.
  • Morgan Stanley is setting up a fund to invest strictly in mezzanine debt and is in the process of staffing up a team of eight to 10 people. The new team could come from new hires or internal appointments, according to an official who declined to speculate on the size of the fund.
  • A Babcock & Brown subsidiary has selected BayernLB, BNP Paribas, and Scotia Capital to arrange financing for its $910 million purchase of two Dominion natural gas utilities. The three banks will provide debt to Babcock & Brown Infrastructure Fund North America covering roughly 60% of the acquisition financing for Dominion Peoples and Dominion Hope gas distribution utilities in Pennsylvania and West Virginia, respectively. The remainder of the funds will come from sponsor equity.
  • NaturEner USA has closed $322 million in financing to support construction for its first North American wind farm.
  • Calpine Corp. has hired Thad Hill, executive v.p. at NRG Energy, as executive v.p. and chief commercial operation officer.
  • Naanovo Energy is looking to sell a majority stake in a 21 MW waste-to-energy plant in Satsop, Wash.
  • Sponsors of two wind farms in Maine will begin looking for financing for their 155-175 MW of projects as early as the spring of next year.
  • Americas Waste-to-Energy is planning to bring its first plant in a $550 million development pipeline online by the first quarter of next year.