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U.S. Identifies Southwest Solar Zones
Three U.S. agencies have identified areas on public land in six Southwest states for the development of utility-scale solar projects.
December 17, 2010
NTR Scopes Buyer, Funding For Lone Star Solar Unit
NTR is in talks with a potential buyer for Tessera Solar as it looks at ways to fund the subsidiary’s more than $5 billion solar thermal development pipeline in California.
December 17, 2010
SteelRiver Issues $562M For Transmission
SteelRiver Transmission Company has issued $562 million in 4.71% senior secured notes to refinance existing construction loans for the 400 MW Trans Bay Cable Project in Northern California.
December 17, 2010
News
Shepherds Loan Draws Banks, Placement To Wrap
Nearly 20 banks are participating in a $366 million financing backing Caithness Energy and GE Energy Financial Services’ $2 billion Shepherds Flat wind farm.
Brian Eckhouse
,
December 17, 2010
Constellation Issues Notes For BostonGen Funds
Constellation Energy will use proceeds from a $550 million issuance of senior unsecured bonds to fund a portion of its Boston Generating Co. acquisition and to repurchase some outstanding notes.
December 17, 2010
Enbridge Tipped To Buy Invenergy Wind
Enbridge is reportedly buying a pair of wind projects totaling 216 MW that Invenergy has on the market in Canada.
December 17, 2010
Int’l Power Investors Approve GDF Deal
International Power shareholders approved the merger with GDF Suez, smoothing the way for the two to establish the largest power and gas player with a market cap of EUR80 billion ($106 billion).
December 17, 2010
California Approves Renewable Auctions
California regulators have approved the renewable auction mechanism program that will require utilities to hold two auctions a year to sign PPAs with the lowest-priced renewable projects 20 MW or smaller.
December 17, 2010
Dominion To Buy BP Wind Project
Dominion Resources has agreed to buy the East River wind project in West Virginia from BP.
December 17, 2010
Senator Floats EPA Regulations Delay
Sen. John Rockefeller of West Virginia is planning to seek a vote to postpone regulations on carbon dioxide emission from the U.S. Environmental Protection Agency before the end of the current congressional session.
December 17, 2010
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