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  • One Year Ago In Power Finance & Risk
    Constellation Energy Group and Energy Investors Funds were invited to submit bids on controlling interests in 2.6 GW of predominantly contracted cogeneration being sold by Cogentrix Energy.
    July 24, 2008
  • "There is great potential in the Middle East for IPPs."
    --Markus Pietikäinen, v.p. at Wärtsilä Development & Financial Services in Helsinki, on the company's desire to invest in Islamic countries via its joint venture with Manara Consortium.
    July 24, 2008
  • pfr-beaver.gif
    Developer Readies More Nascent Wind Project Sales
    Wind Revolutions, a Denver-based developer, is looking to sell a slug of early-stage wind projects, including the 700 MW Chalk Mountain project south of Casper, Wyo., and 300 MW Beaver Divide project south of Riverton, Wyo.
    July 24, 2008
  • HSH Taps Pepe For New Structuring Slot
    HSH Nordbank has tapped Mike Pepe, former structured energy managing director at Ambac Financial, for the newly created role of head of structuring and analysis.
    July 24, 2008
  • Endesa To Purchase Irish Utility Portfolio
    Irish Electricity Supply Board has selected Endesa as the preferred bidder for the sale of an 860 MW portfolio of fossil-fired generation.
    July 24, 2008
  • JV Hunts Maiden Islamic Investment
    Manara Wartsila Power is planning to make its first investment in an Islamic country this quarter.
    July 24, 2008
  • Barclays Closes IFM Syndication
    Nine firms joined the Barclays Capital-led retail syndication of financing supporting Infrastructure Funds Management's purchase of 1.7 GW from Consolidated Edison Development.
    July 24, 2008
  • Timber Co. Unit Readies First Renewable Generation Buy
    Westervelt Renewable Energy is in the process of acquiring undisclosed projects that will be able to generate power from biomass and is expected to close on its first acquisition within three months.
    July 24, 2008
  • Rijnmond Refi Set For Syndication
    Calyon has reached financial close on a refinancing just over EUR500 million ($791.9 million) for InterGen's 420 MW Rijnmond I plant in Rijnmond, Netherlands.
    July 24, 2008
  • Spain's Acciona Looks To Tap U.S. Wind Financing
    Acciona Energy North America is looking to land financing by next month for its roughly $270 million, 130 MW Red Hills farm--a rare deal in the sector as most players are in a holding pattern to see whether federal production tax credits will be renewed before they expire Dec. 31.
    July 24, 2008
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