NordLB is looking to line up sub-underwriters ahead of syndication of some $350 million in financing for enXco’s 150 MW Shiloh II wind farm in Solano County, Calif.
Export Development Canada is the latest bank to join the retail syndication of the $741 million financing for Noble Environmental Power’s New York portfolio. EDC follows Prudential Capital, which joined last week.
The deadline for the first round of bids in the auction of 752 MW Granite Ridge plant in Londonderry, N.H., has been pushed back to Aug. 19 from today.
Otter Tail Power is positioning itself to take advantage of tax benefits and lower costs of power by buying a 49.5 MW portion of M-Power’s 157.5 MW Luverne wind farm in Griggs and Steele Counties, N.D.
North America
* The New York Public Service Commission has voted unanimously to allow Iberdrola to acquire Energy East for $4.6 billion (The New York Times, 9/3).
* GreenHunter Energy subsidiary GreenHunter Renewable Power has acquired 14 MW biomass facility Telogia Power in Telogia, Fla., from CQ BioPower Producers, a subsidiary of Pennsylvania-based plant operator CQ (TradingMarkets.com, 9/4).
* TransCanada Corp. has acquired Bison Pipeline from Northern Border Pipeline Co. for an undisclosed sum. The company includes a proposed 289-mile proposed project from the Powder River Basin in Wyoming to the Northern Border Pipeline system in Morton County, N.D. (CNNMoney.com, 9/3).
* Duke Energy Carolinas is seeking bids from companies to supply equipment and installation services as part of its proposed $100 million solar plan for North Carolina (Triangle Business Journal, 9/4).
* Exelon Corp.’s board has approved the repurchase of up to $1.5 billion of outstanding common stock (CNNMoney.com, 9/4).
* The U.S. Department of the Interior is preparing to lease parts of the underwater continental shelf for wind projects (Wall Street Journal, 9/3).
* Pacific Gas & Electric is seeking state approval for its proposed $850 million, 560 MW Tesla gas-fired plant near Tracy, Calif. (San Jose Mercury News, 9/2).
* NorthWestern, Puget Sound Energy, PacifiCorp, and Portland General Electric will study potential upgrades for Montana’s 500 kV Colstrip Transmission System to accommodate renewables (PRNewswire, 9/2).
* Westar Energy will build a 115 kV transmission line near Atchison, Kan. and is proposing another 115 kV line in Nemaha County, Kan. (Datamonitor, 9/2). Meanwhile, ITC Holdings will build two 765 kV sections of the proposed 180-mile Kansas V-plan line (Reuters, 9/3).
* Innergex has completed its acquisition of a 66.6% interest in Ledcor’s 18 prospective hydro projects, representing an aggregate 200 MW in British Columbia (Canada Newswire, 9/2).
* LS Power has offered to sell a 520 MW gas plant to Nevada Power Co. for $545 million (Las Vegas Review Journal, 8/30).
* Westinghouse Electric Co. and Stone & Webster will receive $6.4 billion for design and construction of South Carolina Electric & Gas’ two nuclear reactors (Associated Press, 8/29).
* PSEG has finalized a 30-year contract to add 130 MW to its New Haven, Conn., plant (Datamonitor, 9/1).
* Iberdrola has started construction on a 50 MW wind farm in South Dakota and will sell the power to Northern Indiana Public Service Company (Associated Press, 8/30). Meanwhile, Iberdrola’s plans for its 155-turbine Streator Cayuga Ridge South wind farm in Illinois have received road-use approval from local officials (The Pantagraph, 8/29).
* Consolidated Power Producers is moving forward with plans to build a 300 MW wind project in South Dakota (American News, 8/28).
Europe
* Electricité de France has reportedly made steps to sweeten its original GBP12 billion ($24 million) bid to takeover British Energy in order to gain shareholder approval (The Wall Street Journal, 9/4).
* British Petroleum has signed an agreement with partner TNK to keep its 50% stake in joint venture TNK-BP after it was thought it could be at risk due to disagreements between the companies (Financial Times, 9/4).
* Sumitomo Corp. has agreed to buy a 20% stake in 1.5 GW, 460,000 metric tons per day Shuweihat S1 project near Abu Dhabi in the United