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  • Commitments are due Aug. 15 in the HSH Nordbank-led syndication of $360 million in construction financing for a portion of Cannon Power’s 500 MW Windy Point wind farm in Klickitat County, Wash.
  • The New York arm of Australia’s Industry Funds Management has named Mike Thompson and Jeffrey Mouland to new roles as it expands in North American.
  • Marubeni Caribbean Power Holdings is reportedly looking to repay the one-year bridge it used to acquire a 1,150 MW fleet from Mirant International Investments using funds generated by a European affiliate and a bank loan guaranteed by its group credit.
  • Four additional banks have joined the retail syndication of financing for Southwest Generation, the entity created for Hastings Funds Management and IIF BH Investment’s purchase of generation from Black Hills Corp..
  • Public Service Co. of New Mexico has issued a renewable tender for 100-350 MW of projects as it seeks to diversify its generation mix and meet the state's renewable portfolio standards.
  • Developer Penn Wind will look to arrange financing next summer for 150 MW of wind projects across the Midwest coming online over the next three years.
  • The maiden European securitization of surcharges to repay a shortfall in power tariffs has been placed and it's expected to pave the way for more.
  • Venti Wind, a subsidiary of Austin, Texas-based renewables developer Venti Energy, is looking for tax equity for a 60-100 MW wind project in development in an undisclosed location in Texas.
  • Halcyon Advisors, a Moscow-based fund firm that invests solely in the Russian power sector, is up 331 basis points for June after being down nearly 600 in May with its $110 million HH Generation fund.
  • BNP Paribas, Mizuho Corporate Bank and Scotia Capital along with the Inter-America Development Bank and the International Finance Corp. are arranging some $500 million in long term financing for the $600 million, 275 MW coal-fired project under development by AEI's Jaguar Energy in Escuintla, Guatemala.