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  • News
    BP, Sempra Deal To Close This Week
    BP Wind Energy and Sempra Generation expect to close a roughly $400 million financing backing their Cedar Creek II wind farm this week.
    Brian Eckhouse, December 21, 2010
  • MISO Scores Approval For Transmission Cost Recovery
    The Midwest-ISO received approval for a cost recovery plan that is expected to pave the way for up to $5 billion of transmission projects meant to transport about 1.9 GW of wind power across the region.
    December 21, 2010
  • AEP Names President
    American Electric Power has promoted Nicholas Akins, executive v.p. of power generation activities, to president.
    December 20, 2010
  • Seneca Contests Icahn Bid For Dynegy
    Seneca Capital, a hedge fund, is challenging Dynegy’s new effort to sell itself to billionaire investor Carl Icahn for $665 million.
    December 20, 2010
  • NYPA Delays Awarding Solar PPAs
    The New York Power Authority has delayed deciding which solar developers competing in an RFP process will get power purchase agreements until the first quarter.
    December 20, 2010
  • Report: Texas Grants Too Much Wind Subsidies
    Texas has over-incentivized projects—particularly wind farms—under a state law enabling school districts to grant tax breaks to lure capital intensive industries, says Susan Combs, Texas comptroller.
    December 20, 2010
  • Cape Wind Hunts Offtakers
    Cape Wind is still searching for offtakers to buy half of the generation from its proposed wind farm off the coast of Massachusetts.
    December 20, 2010
  • Leads Wrap Shepherds Financing
    Bank of Tokyo-Mitsubishi UFJ, Citigroup, Royal Bank of Scotland and WestLB have wrapped a $1.3 billion financing backing Caithness Energy and GE Energy Financial Services’ $2 billion Shepherds Flat wind farm.
    December 20, 2010
  • Covanta To Sell Philippines Stake To Thai Co.
    Covanta Holding has agreed to sell its stake in a 440 MW pulverized coal-fired plant in the Philippines to Electricity Generating Public Co. for $215 million cash.
    December 20, 2010
  • Cleaning Up The Act: UBS Issues Banker Dress Code
    While issuing notes for utility clients like Calpine, Dominion and Southern California Edison has been its traditional forte, UBS has recently dipped its toes in the market of professional dress by issuing a 43-page edict on what to wear in the office.
    December 17, 2010
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