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  • AES Corp. has agreed to buy 49.6% of Turkish utility Entek Elektrick Uretimi, a unit of Koc Holding, for $136.5 million.
  • First Wind is seeking a roughly $75 million construction loan from Key Bank and NordLB backing its 60 MW Rollins Wind farm in Penobscot County, Maine.
  • NRG Solar, the solar development arm of NRG Energy, has agreed to buy the 250 MW California Valley Solar Ranch photovoltaic project from SunPower.
  • More than two dozen senators are campaigning Senate leadership to extend the U.S. Department of Treasury’s cash grant, which is due to expire at year-end.
  • The U.S. Department of the Interior has pledged to streamline the permitting process for offshore wind farms to limit the red tape Cape Wind Associates faced in developing its farm off the coast of Massachusetts.
  • Installed utility-scale solar-panel generators are expected to nearly double every year between 2010 and 2015, according to a study by GTM Research of Cambridge, Mass.
  • Indiana is lagging behind Illinois, Michigan and Ohio in renewables investment, as one of 14 states without a renewable energy standard.
  • Mitsubishi UFJ Financial Group has wrapped a $410 million package backing the refinancing of GWF Energy’s three simple-cycle gas-fired peakers in California.
  • A group of four lenders are in the process of foreclosing on Complete Energy’s 837 MW natural gas-fired facility in Mississippi.
  • A unit of Occidental Petroleum Corp. will buyout partner Sempra Generation’s stake in the 550 MW Elk Hills Power combined-cycle plant near Bakersfield, Calif.