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  • News
    First Wind IPO Faces Uncertain Debut
    Analysts say First Wind Holdings’ expected $300 million initial public offering is risky, considering the potential sunset of the U.S. Department of Treasury cash grant at year-end and the company’s accumulated losses of $233 million and outstanding debt of $582.2 million.
    October 25, 2010
  • News
    Solar Stocks Hinge On Calif. Prop. 23
    The value of solar stocks, including First Solar and SunPower, may slip if California voters approve Proposition 23, which would suspend a law curbing greenhouse gas emissions until the state’s unemployment rate is at or below 5.5%.
    October 25, 2010
  • News
    DOE Loans Lag For Solar Shops
    Solar companies have waited up to 19 months for the U.S. Department of Energy to decide whether to grant loan guarantees for projects, according to the Solar Energy Industries Association.
    October 25, 2010
  • News
    Biomass Industry Decries Bay State Rules
    Massachusetts state rules limiting sponsors from receiving renewables subsidies would prohibit development of virtually all biomass plants, wood-burning biomass advocates contend.
    October 25, 2010
  • News
    Leads Prep Hudson Transmission Launch
    Royal Bank of Scotland and Société Générale are planning to launch a $500-700 million financing backing Hudson Transmission Partners’ 660 MW transmission line by the middle of next month.
    October 25, 2010
  • News
    EFH Targets Debt Exchange, Refi With Notes
    An Energy Future Holdings subsidiary has issued $686 million in a 144A bond to take down a portion of a $24.4 billion loan and to do a debt exchange.
    October 25, 2010
  • News
    PSE&G To Take Texas Plant Bids
    Bids for Public Service Electric & Gas’ pair of 1 GW coal-fired plants in Texas are due tomorrow.
    October 22, 2010
  • News
    Terra-Gen Scouts Alta Funding
    Terra-Gen Power is talking to bankers about financing the next three phases of its 3 GW Alta Wind Energy Center.
    October 22, 2010
  • News
    Maine Targets 2016 For Offshore Farm
    Maine expects to build its first offshore wind farm in 2016, followed by a larger floating farm at the same site in 2020.
    October 22, 2010
  • News
    Seneca Contests Blackstone’s Dynegy Bid
    Seneca Capital has asked shareholders to oppose Blackstone Group’s $4.50-per-share offer for Dynegy, arguing that it reflects an “unjustified underperformance” of the stocks leading into the August bid.
    October 22, 2010
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