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  • JV Hunts Maiden Islamic Investment
    Manara Wartsila Power is planning to make its first investment in an Islamic country this quarter.
    July 23, 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 23, 2008
  • Barclays Taps Sagent For MD
    Barclays Capital has hired Thomas Rosén, managing director on the energy and power team at Sagent Advisors, for a newly managing director slot in investment banking.
    July 23, 2008
  • PNM Fires Up Tender To Meet RPS
    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.
    July 23, 2008
  • Leads Ready Guatemala Coal Financing
    BNP Paribas, Mizuho Corporate Bank and Scotia Capital are arranging some $500 million in financing for the $600 million, 275 MW coal-fired project under development by AEI’s Jaguar Energy in Escuintla, Guatemala.
    July 22, 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 22, 2008
  • Wind Developer Seeks Tax Equity, Strategic Partners
    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.
    July 21, 2008
  • LS, GIP See TransAlta As Long Term Play
    LS Power Equity Advisors and Global Infrastructure Partners are seeking a long term investment in TransAlta with their C$8 billion ($7.98 billion) bid to take the company private.
    July 21, 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. In the new role he began today, Pepe will structure financings across the power space to ensure consistency. “When you’ve got a lot of teams delivering financing--solar people, wind people, people doing conventional power--you want to make sure the structure and terms are consistent across the deals. That’s where my group will come in,” he says.
    July 21, 2008
  • mike-crawley-aimpowergern.gif
    Canadian Developer To Fund Wind Rollout
    AIM PowerGen is gearing up to seek financing to support the C$644-759 million ($643.6-758.5 million) cost of 280-330 MW of wind projects in its 2 GW pipeline.
    July 17, 2008
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