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UIL Funds Gas Co. Purchase With Bonds
UIL Holdings Corp. is financing its $1.296 billion acquisition of three gas distribution companies from Iberdrola USA with $450 million in bonds. UIL wrapped the offering of senior unsecured notes Oct. 7.
October 14, 2010
News
One Year Ago In Power Finance & Risk
ArcLight Capital Partners and Hess Corp. were deciding which bank would lead a financing backing its 512 MW gas-fired peaker in Bayonne, N.J.
October 14, 2010
News
"When you get past Google, you don't see many new entrants. Every now and then, you see a small bank or a utility do it, but they're not big players."
--Darren Van't Hof, US Bank director of renewable energy investments in St. Louis, Mo., on the lack of growth in the number of tax equity investors.
October 14, 2010
News
Sempra Plots Ariz. Mega Solar
Sempra Generation is planning a $500 million, 150 MW solar plant roughly 40 west of Phoenix, Ariz.
October 14, 2010
News
Constellation Mulls Decision On EDF Asset Sales
Constellation Energy Group is expected to decide whether to sell 12 coal-fired plants to EDF by its Oct. 22 board meeting.
October 14, 2010
News
Duke Unit, Integrys Launch Partnership
Duke Energy Generation Services has formed a partnership with Integrys Energy Services to sell electricity generated by mounted photovoltaic arrays to commercial, government and utility customers across the U.S.
October 14, 2010
News
SunEdison Snags N.C. BofA Solar Financing
Bank of America has agreed to finance the final two phases of SunEdison’s $173 million solar project in Davidson County, N.C.
October 14, 2010
News
Iberdrola Inks PPA With Xcel Unit
Xcel Energy unit Public Service Company of Colorado has agreed to buy electricity generated by a 30 MW photovoltaic plant that Iberdrola Renewables is developing in San Luis Valley, Colo.
October 14, 2010
News
Sponsors Postponing Nuclear Projects
Exelon and other sponsors are pulling back from proposed nuclear reactors in the U.S. amid decreased electrical demand and falling prices of competing energy sources.
October 14, 2010
News
Lenders Circle Shepherd’s Flat Launch
Banks leading a financing backing GE Energy and Caithness Energy’s $2 billion Shepherds Flat wind farm expect to launch the deal in the next few weeks after securing a loan guarantee from U.S. Department of Energy for a portion of the $1.3 billion in debt.
October 14, 2010
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