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  • Mexico's PEMEX will call for bids to develop, own and operate a 300 MW cogeneration plant powering a refinery in Tabasco in the southern part of the country.
  • The Los Angeles Department of Water and Power is exploring merger or divestment options for its fossil fuel generation and transmission assets to meet state greenhouse gas reduction targets.
  • Reliant Energy's portfolio sale of 2,488 MW in primarily gas-fired generation being auctioned by JPMorgan stumbled when indicative bids came in lower than the $1 billion staple...
  • Biomass Group is taking offers from potential equity investors in its 200 MW South Point, Ohio project just as WestLB looks to line up joint lead arrangers on some $350-400 million in debt.
  • David Nadelman, managing director of loan and high yield markets at Royal Bank of Scotland, has moved to the new position of head of leveraged loan and bond syndicate with the merging of ABN Amro's syndications team with the bank.
  • Midwest Wind Finance is branching out from arranging wind financing to arrange the sales of some half dozen projects ranging from 10-50 MW across the country.
  • Barclays Capital and Goldman Sachs launched a $200 million recapitalization of two former Calpine plants in New England with a 12:30 bank meeting last Wednesday.
  • Some half dozen banks have joined WestLB's syndication of $215.75 million in financing for EarthFirstCanada's 144 MW Dokie I wind farm in British Columbia.
  • Tenaska Capital Management has formed Voyager Midstream via one of its private equity funds.
  • Solar developer Ausra has tapped industry veterans from 3M and Vestas American Wind Technology for two new senior roles and named the former head of Public Service Co. of New Mexico to a new director slot as it continues to expand.