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  • A $366 million financing backing Caithness Energy and GE Energy Financial Services’ $2 billion Shepherds Flat wind farm is comprised of $231 million in letters of credit and a $135 million term loan.
  • Vancouver-based Western Wind Energy expects to wrap a roughly $264 million financing backing its 120 MW Windstar farm in Tehachapi, Calif., in the next few weeks.
  • ReEnergy Holdings, a Riverstone Holdings-backed company focused on biomass and waste fuel-fired plants, has agreed to buy a facility fueled by tires from CMS Energy.
  • NRG Energy has teamed with Barclays on the first carbon-dioxide permit deal under California’s proposed cap-and-trade program.
  • Invenergy has tapped Gemma Renewable Power as its EPC contractor for its 200 MW Bishop Hill wind project in Henry County, Ill.
  • Dynegy will look to refinance debt and auction assets if shareholders reject Blackstone Group’s sweetened $604.5 million offer.
  • Exelon is planning a $5 billion capex including wind projects, nuclear upgrades and efficiency programs to reduce emissions over the next five years.
  • Duke Energy and Juwi Solar completed the 14 MW Blue Wing solar project in San Antonio, Texas.
  • Mark Dennes, BNP Paribas’ group head of energy in the Americas, has left the bank and launched his own advisory shop Energy Capital Advisors in New York.
  • e U.S. Department of the Interior has approved Solar Trust of America’s $3 billion, 500 MW Amargosa Farm Road solar thermal plant roughly 80 miles northwest of Las Vegas, Nev.