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"We're assessing partners based not only on capital they can bring but their experience. Our strategy is to do a one-off and see how the relationship works."
--Gary Thompson, ceo at Sierra Geothermal Power in Vancouver, British Columbia, on the company's search for partners to finance its pipeline of 17 projects.
July 10, 2008
News
EnCana Czar Heads To Storage Acquisition Co.
Rick Daniel, former president of EnCana Gas Storage, has been appointed president and ceo of Era Gas Storage, in the wake of Era's purchase of gas storage investment and advisory firm Teneo Energy.
July 10, 2008
News
Wind Tech Provider Plots Debut Offering
Catch The Wind, a fiber-optic laser specialist that creates remote sensing technology helping developers to align wind turbines more efficiently and boost power production, is preparing to go public later this year.
July 10, 2008
News
Arcapita Mints Chinese Wind JV
A unit of India's Tanti group, which owns a majority stake in turbine maker Suzlon Energy, has joined forces with Arcapita Bank to invest $2 billion on wind in China.
July 10, 2008
News
Developer Plots Financing For Calif. Wind
Western Wind Energy Corp. is looking to arrange financing for its estimated $280-380 million, 120 MW Windstar wind project in Tehachapi, Calif.
July 10, 2008
News
Dokie Pricing Emerges At 175 BPS
The $215.75 million financing for EarthFirst Canada's 144 MW Dokie I wind farm in British Columbia has pricing starting at 175 basis points over Canadian banker's acceptance during construction.
July 10, 2008
News
Babcock To Refi French Wind
Babcock & Brown has mandated BNP Paribas, DEPFA Bank, Dexia Crédit Local and Natixis as co-arrangers on a EUR220 million ($347.2 million) refinancing of debt tied to its 165 MW French wind portfolio.
July 10, 2008
News
Iberdrola Unit Hunts Greek Wind Funding
Rokas Renewables, a Greek subsidiary of Iberdrola, is looking to mandate a bank for a $20 million loan to support construction of a $50 million, 40 MW wind project in southern Greece, expected to come online by the end of next year.
July 10, 2008
News
Investec Preps Offshore Wind Club
Investec has identified a club of up to five financial institutions to bring into a circa GBP150 million ($295 million) mezzanine financing for the 300 MW Thanet wind farm off the coast of Margate in Kent, England.
July 10, 2008
News
Pickens Launches Campaign For Renewables
Texas oilman T. Boone Pickens has launched a self-financed, $58 million campaign against imported oil to promote replacing the nation's gas-fired generation with wind.
July 10, 2008
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