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Otter Tail Nabs Midwest Wind Farm For Lower Costs
Otter Tail Power is positioning itself to take advantage of tax benefits and lower costs of power by buying a 49.5 MW portion of M-Power’s 157.5 MW Luverne wind farm in Griggs and Steele Counties, N.D.
August 11, 2008
Rockland Talks Debt For Jersey Plant Upgrades
Rockland Capital Energy Investments is in talks with lenders to line up the first batch of a total of about $200 million in financing for environmental upgrades at its 447 MW B.L. England plant.
August 10, 2008
Wind Capital Taps E.ON To Fill Out Finance Team
Wind Capital Group has hired David Boyce, senior v.p. of finance at E.ON Climate and Renewables, for a new role of the same title as the developer prepares to tap the markets later this year for financing.
August 10, 2008
Barclays Expands Energy Team
Barclays Capital has hired Russell Johnson, managing director of natural resources at Deutsche Bank in Houston, for a new position as managing director on the energy team.
August 07, 2008
Ras Laffan C Syndication Wraps
The syndication has wrapped for $3.25 billion in limited-recourse loans supporting the Ras Laffan C, a 2,730 MW/286,000 cubic meters of water per day IWPP in Ras Laffan Industrial City, Qatar.
August 07, 2008
"We see a business that's ready to explode. We're building this team to be able to scale up rapidly in the market."
--John O'Donnell, executive v.p. at solar developer Ausra in Palo Alto, Calif., on the company's addition of three team members.
August 07, 2008
News In Brief
North America
August 07, 2008
Nevada Power Ups Issue To Meet Demand
Nevada Power raised an initial $400 million bond offering of 6.5%, 10-year general refunding mortgage bonds to $500 million due to investor demand.
August 07, 2008
Omani Power IPO Draws Oversubscription
The initial public offering of Sohar Power Co., was oversubscribed 21 times, for a total of more than OMR280 million ($727.4 million) in subscriptions.
August 07, 2008
Three Join Quintero To Close Syndication
DnB NOR is the final bank to commit to the syndication of $1.1 billion in financing for GNL Quintero’s liquefied natural gas receiving and regasification terminal in Quintero Bay, Chile, following Bank of Tokyo Mitsubishi UFJ and DekaBank.
August 07, 2008
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