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  • Terra-Gen Power was planning the debt financing backing for a $1.4 billion, 700 MW phase of its Alta wind project in Tehachapi.
  • The U.S. Department of Treasury cash grant program almost certainly will be extended one year, through Dec. 31, 2011.
  • First Wind is about to launch a search for capital and a stake sale in its Northeast wind farm fleet as a way to capitalize its development pipeline since deciding to shelve its initial public offering.
  • Energy Answers International is hunting up to $1.2 billion in debt for two projects that are backed with equity from Energy Investors Funds.
  • Horizon Wind Energy has secured a 20-year offtake agreement with the Tennessee Valley Authority for 44 MW from its 82 MW Pioneer Prairie wind project in Iowa.
  • Westar Energy has signed tentative power purchase agreements with two wind projects totaling 369 MW in Kansas.
  • Swiss private equity shop Capital Dynamics is planning to raise $800 million across two funds that will invest in renewable generation in the U.S., Europe and Australia.
  • The California Energy Commission has approved SolarReserve’s 150 MW Rice project as well as two of Solar Millennium projects, including a 500 MW project.
  • EDF will enter into exclusive talks with Poland for a 51% stake in Enea that is valued around $1.81 billion.
  • NRG Solar has agreed to buy the 290 MW Agua Caliente photovoltaic project, from First Solar for an undisclosed sum.