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News
Lone Star Transmission Co. Eyes Utility Status
Houston-based Clean Lines Energy, which is planning a $3.5 billion transmission line from wind farms in Oklahoma to western Tennessee, wants an administrative law judge to grant it public utility status.
January 20, 2011
News
Maryland OKs First Energy Purchase Of Allegheny
First Energy’s proposed $4.7 billion purchase of Allegheny Energy has landed the approval of Maryland regulators.
January 20, 2011
News
Six Banks Commit To Viento Refi
Half-dozen lenders have made commitments to a $265 million refinancing backing a portfolio of wind farms owned by Edison Mission Energy subsidiary Viento Funding II.
January 20, 2011
News
Axio Hunts Development Funding
Axio Power is trying to attract investors to solar photovoltaic projects by offering up minority stakes in development projects for $10 million.
January 20, 2011
News
Size Matters For Canadian Financing Costs
Big, well-capitalized power developers active in Canada are expected to continue making acquisitions of projects, especially since they can snag lower development capital costs than smaller sponsors.
January 19, 2011
News
Recurrent Weighs Bonds, Loan Mix
Recurrent Energy is considering a financing mix of bonds and loans backing roughly $700 million in solar photovoltaic projects in Ontario.
January 19, 2011
News
ECP Loan Pricing Ratchets Down
Pricing on an Energy Capital Partners $525 million financing package has been cut to 425 basis points over LIBOR from 450-475 bps due to oversubscription.
January 19, 2011
News
Growth Forecast For Renewables
Renewables, including solar, wind, geothermal and biofuels, will increase their contribution to global energy between 2010 and 2030, from 5% to 18%, according to BP’s industry forecast.
January 19, 2011
News
AES Taps Former Director For Board
Kristina Johnson, a former member of the AES Corp. board of directors, has rejoined the board.
January 19, 2011
News
German Government To Cut Solar Subsidies
The German government and the nation’s solar energy industry have struck an agreement that will lower subsidies for photovoltaic plants.
January 19, 2011
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