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  • Geothermal developer Sierra Geothermal Power is looking to sell up to 50% of five Nevada projects in its pipeline of 17 projects.
  • Information memoranda on KGen Power's four-plant portfolio are due to be dispatched imminently by auctioneer Credit Suisse, with a view to the company reviewing indicative bids by month-end.
  • Biomass Group, developer of a 200 MW greenfield biomass project in South Point, Ohio, will look to line up tax equity over the coming weeks ahead of the project reaching financial close this fall.
  • Terasol Energy, a next generation feedstock specialist, is working on applications of a vegetable oil called Jatropha--typically used for industrial purposes--in power generation.
  • Four banks have taken tickets in the retail syndication of financing tied to Southwest Generation, the entity created for Hastings Funds Management and IIF BH Investment's purchase of power plants from Black Hills Corp.
  • LS Power is icing financing plans for its 1.2 GW Longleaf Energy Station in Early County, Ga., until next year as it appeals a state court ruling that has remanded the plant's permit.
  • Western GeoPower Corp., a geothermal developer, is looking to approach banks this fall for $100 million in debt financing for its 35 MW Unit 1 geothermal project 75 miles north of San Francisco.
  • BNP Paribas is the third documentation agent and fourth bank to join the wholesale syndication of $508 million in financing for International Power America's $856.4 million purchase of four merchant peakers.
  • GE Energy Financial Services has landed a mandate to finance turbines that MMC Energy is buying for upgrades to a pair of gas-fired facilities in San Diego County, Calif.
  • Finavera Renewables is in talks with an undisclosed corporate investor for an estimated C$200 million ($197.9 million) in equity financing to support construction of 300 MW of wind in the Peace Region of northeast British Columbia.