Conference Buzz

Mexican Energy And Infrastructure Finance Forum

    Opportunities in booming renewable and pipeline markets were tempered by concerns about governmental support and regulatory issues at Euromoney Seminars’ 9th Annual Mexican Energy and Infrastructure Finance Forum. Roughly one hundred bankers, investors and developers gathered at the JW Marriott in Mexico City for the conference June 25-26. Senior Reporter Nicholas Stone filed the following stories.

  • Jun 25, 2013 -- by Nicholas Stone

    MEIFF: Mexico Expected To Detail Energy Plan

    Mexico is expected to detail energy infrastructure plans and if it does industry watchers are predicting a strong flow of power and energy projects, according to panelists at Euromoney’s Mexican Energy and Infrastructure Finance Forum at the JW Marriott in Mexico City on June 25.

  • Jun 26, 2013 -- by Nicholas Stone

    MEIFF: Mexico Gas Pipelines To Need Capital

    Capital will be needed to develop natural gas pipelines in Mexico, a move arising out of the country looking to import shale gas from the U.S., said panelists at Euromoney’s Mexican Energy and Infrastructure Finance Forum at the JW Marriott in Mexico City on June 25.

  • Jun 27, 2013 -- by Nicholas Stone

    MEIFF: Renewable Project Bonds Enter Mexican Financing Mix

    Sponsors and bankers are working to develop renewable project bond structures to appeal to foreign and domestic institutional investors.

  • Jun 27, 2013 -- by Nicholas Stone

    MEIFF: Gauss To Bring Three Solar Projects To Market

    Gauss Energia, a Mexico City-based energy company, is looking to bring three new solar projects to market in the coming months, CEO and President Hector Olea told PFR on the sidelines of Euromoney’s Mexican Energy and Infrastructure Finance Forum at the JW Marriott in Mexico City on June 26.

Platts 14th Annual Financing US Power

  • Oct 24, 2012 -- by Nicholas Stone

    Merchant Financing Rebirth To Stoke M&A

    Investors are looking to invest in merchant facilities to take advantage of shrinking reserve margins and increasing power demand and prices, according to participants at the Platts Financing U.S. Power conference in New York on Oct. 18 and 19.

  • Oct 03, 2012 -- by Holly Fletcher

    Bankers: Prep For IPOs Now

    Renewable developers waiting to make a move toward an initial public offering should begin preparing even when the markets are not ideal, bankers said at Euromoney’s Renewable Energy Financing Forum-West in San Francisco.

  • Oct 23, 2012 -- by Nicholas Stone

    European Lenders Re-Start Some Activity

    European banks are taking steps again in North American project financing, attendees heard at the Platts Financing U.S. Power conference in New York on Oct. 18 and 19.

  • Oct 02, 2012 -- by Holly Fletcher

    Solar Players Scope Tax Equity

    Solar developers are beginning to plan for how to incorporate tax equity financings into projects once the U.S. Department of Treasury Sect. 1603 cash grant program ends.

  • Oct 23, 2012 -- by Nicholas Stone

    Natural Gas Prices Nibbles At Coal Plant Economics

    Natural gas prices are pushing coal plants into early retirement, said attendees at the Platts Financing U.S. Power conference in New York on Oct. 18 and 19.

  • Oct 01, 2012 -- by Holly Fletcher

    U.S. Army To Take Developer Pitches For 1 GW Initiative

    The U.S. Army is preparing to take applications from developers vying to be on a list of preferred venders under an initiative to bring 1 GW of renewables online by 2025.

  • Oct 23, 2012 -- by Nicholas Stone

    Risk, Yield Open Up Mezz, B Debt

    Demand for what financiers are calling riskier capital is on the increase.

REFF Wall Street 2012

  • Jun 21, 2012 -- by Sara Rosner

    REFF: Asian, U.S. Banks Step Up PF Efforts

    Asian and U.S. lenders are stepping up project finance activity as European players scale back their efforts or step out of the market.

  • Jun 21, 2012 -- by Sara Rosner

    REFF: Roughly $2B Tax Equity Deals Pending

    About $2 billion in tax equity investments are making their way through the market.

  • Jun 20, 2012 -- by Sara Rosner

    REFF: Investors Hunt For Project Bonds

    Institutional investors in the capital markets are showing an increasing appetite for bonds backing project finance deals, financiers told attendees at 9th annual REFF-Wall Street conference in New York.

  • Jun 19, 2012 -- by Sara Rosner

    REFF: Time To Move On From Subsidy Reliance?

    The political uncertainty on Capitol Hill and the uncertainty over expiring renewable tax credits has some players questioning whether production tax credits are a good thing for the industry.

Renewable Energy Finance Forum Latin America & Caribbean

  • Apr 27, 2012 -- by Brian Eckhouse

    Reporter’s Notebook

    Salvador Escobedo, founding partner of Latin American solar management firm SOLAM, on the need for strong, transparent competition in the region: “The conquest of Latin America happened 500 years ago.”

  • Apr 26, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: Inkia Circles Peruvian Hydro Commitments

    Inkia Energy is close to sealing commitments from 12 lenders participating in a roughly $600 million financing backing its $900 million, 500 MW hydro project in Peru, Pablo Eguiluz, project finance manager, said on the sidelines of Euromoney Energy Events’ Renewable Finance Forum – Latin America and Caribbean.

  • Apr 26, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: Development Banks Filling LatAm Financing Holes

    Development and local banks are filling gaps in the Latin American renewables market as the landscape shifts from a corporate and equity financings to project level debt, said panelists at Euromoney Energy Events’ Renewable Energy Finance Forum – Latin America and Caribbean in Miami.

  • Apr 25, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: Foreign Developers, Manufacturers Eye LatAm

    A coterie of overseas sponsors and manufacturers are targeting project pipelines in Latin America, driven in part by renewable portfolio standards and new auctions for power purchase agreements, said attendees at Euromoney Energy Events’ Renewable Energy Finance Forum – Latin America & Caribbean in Miami.

  • Apr 25, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: BNDES To Continue Dominating LatAm Renewables

    Banco Nacional de Desenvolvimento Econômico e Social will remain the dominant renewables investor in Latin America and the Caribbean in 2012, boosted by local content rules and a pipeline of wind projects being developed from a 2009 tender.

  • Apr 25, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: Fla. Co. Plots Honduras Biomass

    Renewables sponsor Green Valley Energy of Bonita Springs, Fla., is targeting a roughly $65 million financing backing it maiden project, a $100 million, 35 MW biomass project in Santa Barbara, Honduras.

  • Apr 25, 2012 -- by Brian Eckhouse

    REFF LatAm & Caribbean: Spanish Sponsor Targets Peru Solar Debt

    Vizcaya, Spain-based Solarpack is talking to European and Japanese lenders about securing roughly $120 million in debt to back two solar photovoltaic projects in Peru.

Platts 27th Annual Global Power Conference

    Uncertain federal energy plans and transmission were a few of the hot topics discussed by the roughly 700 bankers, developers and power executives at Platts 27th Annual Global Power Markets Conference at the Aria Resort & Casino in Las Vegas April 1-3. Senior Reporter Holly Fletcher filed the following stories:

  • Apr 05, 2012 -- by Holly Fletcher

    Platts Conference: NatGas To Be Dominant, Available For Decades

    The domestic reserves of natural gas should reduce the commodity’s price volatility and propel it into being more than just a renewable bridge fuel for decades to come, proponents of the natural gas told attendees at Platts 27th Global Power Markets conference.

  • Apr 05, 2012 -- by Holly Fletcher

    Platts Conference: Execs Hope For Wind Tax Credits

    Industry officials at Platts 27th Global Power Markets conference appeared guardedly optimistic that the production tax credits for wind would be extended at some point, although the 2013 wind market could still suffer if the extension comes late in the year.

  • Apr 05, 2012 -- by Holly Fletcher

    Platts Conference: First Solar, Exelon Near Finalization Of DOE Loan

    First Solar and Exelon are in the last stages of finalizing documentation with the U.S. Department of Energy for a loan guarantee for the 230 MW solar project, Frank De Rosa, senior v.p. of First Solar, told PI on the sidelines of the Platts 27th Global Power Markets conference.

  • Apr 04, 2012 -- by Holly Fletcher

    Platts Conference: IFM-Backed Shop Eyes Expansion

    Essential Power, the U.S. power platform company of Industry Funds Management, has an eye on buying contracted assets to grow its generation platform—although it’s in no rush to buy facilities that don't fit its model.

  • Apr 04, 2012 -- by Holly Fletcher

    Platts Conference: ECP, Exelon Shop For Transmission Opportunities

    Energy Capital Partners and Exelon are looking for opportunities to invest in, or buy, transmission projects, officials told attendees at Platts 27th Global Power Markets conference in Las Vegas.

  • Apr 03, 2012 -- by Holly Fletcher

    Platts Conference: Power Generation Diversity Beats Subsidies

    Power companies should look for ways to drive consumers toward a cleaner, more diverse generation mix given the absence of a federal long-term energy blueprint, according to speakers at Platts 27th Global Power Markets conference in Las Vegas.

6th Annual Latin American Energy and Infrastructure Finance Forum

  • Mar 01, 2012 -- by Sara Rosner

    Challenges Persist For Project Bonds In LatAm

    Project finance bonds are facing many hurdles despite their favor among developers and financiers, according to attendees of the 6th Annual Latin America Energy and Infrastructure Finance Forum in Miami.

  • Mar 01, 2012 -- by Sara Rosner

    Social Hurdles Loom For Renewables

    Social concerns are impeding wind project development in Mexico and large hydro projects in Peru and Brazil.

Infocast’s Solar Power & Investment Summit 2012

  • Mar 02, 2012 -- by Brian Eckhouse

    Long Tenors Still Available

    At least two lenders are capable of offering 18-year tenors in this contracted bank market, said Elizabeth Waters, Bank of Tokyo-Mitsubishi UFJ director of project finance, at Infocast’s Solar Power Finance & Investment Summit in San Diego, pointing to BTMU and Mizuho Corporate Bank.

  • Mar 02, 2012 -- by Brian Eckhouse

    Bid Prices For Solar PPAs Continue To Drop

    Solar sponsors short-listed in 2011 request for offers in California have bid $73-78 per MWh before applying time-of-day factors, said attendees at Infocast’s Solar Power Finance & Investment Summit 2012 in San Diego.

  • Feb 29, 2012 -- by Brian Eckhouse

    Abengoa To Hunt Tax Equity

    Abengoa Solar will look to snag up to $400 million in tax equity for its $1.6 billion, 250 MW Mojave concentrating solar power project in San Bernardino County, Calif., in 2013 or 2014.

  • Mar 02, 2012 -- by Brian Eckhouse

    Oslo Developer Preps 2012 U.S. Financings

    Scatec Solar North America, an arm of Oslo developer Scatec Solar, is talking to lenders about financings backing almost $165 million of solar projects in the U.S. this year.

  • Mar 01, 2012 -- by Brian Eckhouse

    Chevron To Join Tax Equity Mix

    Chevron affiliate Chevron Energy Solutions is expected to emerge as a player in tax equity this year, according to multiple renewables leaders at Infocast’s Solar Power Finance & Investment Summit 2012 in San Diego.

  • Mar 02, 2012 -- by Brian Eckhouse

    Financiers: DG Needs Scale

    Solar distributed generation sponsors must achieve scale in financings to ensure financial efficiencies if the rapidly growing market is to mature, said panelists at Infocast’s Solar Power Finance & Investment Summit 2012.

  • Mar 02, 2012 -- by Brian Eckhouse

    Election Uncertainty To Hang Over Renewables

    Uncertainty over U.S. energy policies will endure through at least election day as presidential aspirants and their backers continue to position about the government’s role in subsidizing renewables—and solar in particular, said attendees of Infocast’s Solar Power Finance & Investment Summit 2012 in San Diego.

  • Mar 01, 2012 -- by Brian Eckhouse

    GE EFS Lands LS Ariz. PV Stake

    GE Energy Financial Services has invested $100 million in LS Power’s $550 million, 127 MW Arlington Valley II solar photovoltaic project in Maricopa County, Ariz., said Kevin Walsh, managing director and leader of power and renewable energy, on the sidelines of Infocast’s Solar Power Finance & Investment Summit 2012.

7th Annual U.S. Power and Renewable Conference

  • Feb 15, 2012 -- by Brian Eckhouse

    Developer Plots N.Y. Transmission Timeline

    Anbaric Transmission, an affiliate of the sponsors behind the Neptune and Hudson transmission projects, anticipates a four-year development period preceding financing for its proposed 80-100 mile transmission line from upstate New York to near West Point, N.Y.

  • Feb 15, 2012 -- by Brian Eckhouse

    Expired DOE Program Continues To Buttress Solar

    Sponsors of mammoth solar projects in the U.S. seeking financing are indirectly benefiting from the U.S. Department of Energy’s expired loan guarantee program, said panelists at Euromoney Seminar’s 7th Annual U.S. Power and Renewable Energy Conference said.

  • Feb 15, 2012 -- by Brian Eckhouse

    Summit Shoots For Q3 Close On Clean Coal

    Summit Power is looking to close a roughly $1.3 billion debt financing backing its $2.4 billion, 400 MW integrated gasification combined-cycle project this summer.

3rd Annual Canadian Power Finance Conference

    Hundreds of bankers, developers, lawyers and investors convened for Euromoney Seminar’s 3rd Annual Canadian Power Finance conference at the Fairmont Royal York in Toronto Jan. 25-26. Big transmission targets, wind development and Ontario’s feed-in tariff program created the buzz. Senior Reporter Holly Fletcher filed the following stories.

  • Jan 27, 2012 -- by Holly Fletcher

    Alberta Transmission Call To Lure Big Players

    The Alberta Electric System Operator will launch in July a call for transmission developers to build a 248-280 mile, 500 kV transmission project in Alberta.

  • Jan 27, 2012 -- by Holly Fletcher

    Gas-Fired Gen Could Replace Some Nuclear

    Ontario is likely to turn to developing more natural gas-fired projects as the province moves toward the retirement of several gigawatts of nuclear facilities, said Jason Chee-Aloy, managing director at Power Advisory at the Euromoney Seminar’s Canadian Power Finance Conference in Toronto.

  • Jan 26, 2012 -- by Holly Fletcher

    Advisory Shop Chases LifeCos For Distributed Gen

    Travelers Capital Corp., a Burnaby, B.C.-based advisory shop, is working with developers of rooftop, distributed generation and hydro projects to line up financing from Canadian life insurance companies and pension plans.

  • Jan 26, 2012 -- by Holly Fletcher

    Wind Tipped For Consolidation

    Market players in Canada anticipate consolidation of wind developers or sales of projects in the coming year as smaller developers find it difficult to line up the early development capital needed to push toward construction.

Infocast's Projects & Money 2012

  • Jan 18, 2012 -- by Brian Eckhouse

    Canadian Solar Prepares U.S. Foray

    Canadian Solar expects to develop 50-100 MW of commercial and small utility-scale solar projects in the U.S. in 2012—its first foray in the country.

  • Jan 18, 2012 -- by Brian Eckhouse

    Canadian Provinces To Seek New Gen

    Utilities in two Canadian provinces may seek up to 5 GW of new generation via solicitations by 2020, said Brian Vaasjo, Capital Power president and ceo, on the sidelines of Infocast’s Projects & Money 2012 conference in New Orleans.

  • Jan 19, 2012 -- by Brian Eckhouse

    Demand For Mezz Debt, Equity Mounts

    The power sector is shifting to a project finance model increasingly dependent on a larger equity component and mezzanine debt, especially for merchant projects, said panelists at Infocast’s Projects & Money 2012 in New Orleans.

  • Jan 19, 2012 -- by Brian Eckhouse

    Sponsors, Banks See Gas Opportunities

    Developers and financiers are bullish on the long-term potential of new gas-fired projects in the U.S., despite the expected slow 2012 for project financings and an oversupply of existing capacity across the U.S.

4th Annual Brazilian Energy and Infrastructure Finance Forum

  • Nov 14, 2011 -- by Sara Rosner

    Pricing Pressure Looms For Brazil Wind

    Wind developers looking to bid into Brazil’s next auction for generation are worried that the downward trend in pricing in contracts will make many projects unfeasible.

  • Nov 14, 2011 -- by Sara Rosner

    Peruvian Hydro Deal Details Surface

    The financing package backing Odebrecht’s $1.25 billion Chaglia hydro project in central Peru is slated to close in February.

  • Nov 14, 2011 -- by Sara Rosner

    Banks, Developers Circle Colombia

    Sponsors and relationship lenders are targeting Colombia for power project development as the country plots a multi-billion dollar infrastructure program and enjoys investment grade credit ratings for the first time in over a decade.

46th Annual EEI Financial Conference

  • Nov 08, 2011 -- by Holly Fletcher

    KEPCO Targets North America Wind, Solar Spree

    Korea Electric Power Co. is looking for wind and solar project acquisitions in the U.S. and Canada as a way to meet its domestic renewable portfolio standard.

  • Nov 11, 2011 -- by Holly Fletcher

    Fortis Scopes U.S. Utility Acquisitions

    Fortis, the St. John, Newfoundland-based utility holding company, is scouting for acquisition opportunities of power and gas utilities in the U.S.

  • Nov 08, 2011 -- by Holly Fletcher

    AES Eastern Debt Payment Looms, Buyer Talks Continue

    Talks are continuing between AES and prospective buyers for its AES Eastern Energy subsidiary even as the coal-fired unit anticipates challenges in making its next debt payment.

  • Nov 11, 2011 -- by Brian Eckhouse

    Distributed Solar Growth Reshapes Demand

    The expansion of distributed solar generation is contributing to decreased demand from major users for traditional wholesale power providers, said Glen Grabelsky, Fitch Ratings managing director, at the Edison Electric Institute Financial Conference in Orlando, Fla.

  • Nov 08, 2011 -- by Brian Eckhouse

    Westar To Scout Transmission Funds

    Westar Energy and a joint venture of American Electric Power and MidAmerican Energy Holdings Company will look for construction financing for the $225 million Prairie Wind Transmission project late next year.

  • Nov 10, 2011 -- by Brian Eckhouse

    PG&E Readies Capital Markets Foray

    Pacific Gas & Electric plans to tap the capital markets in 2012 to help finance its heavy capital expenditures program, Kent Harvey, senior v.p. and cfo, told PI at the Edison Electric Institute Financial Conference in Orlando, Fla.

  • Nov 09, 2011 -- by Brian Eckhouse

    EPA To Hit Small Coal Plants

    Coal-fired plants generating under 400 MW are most vulnerable to forced retirements under upcoming U.S. Environmental Protection Agency emissions regulation.

  • Nov 10, 2011 -- by Brian Eckhouse

    Wave Of Deregulation Seen

    The U.S. utilities industry may be in the midst of a second-wave of deregulation and competition and the first since the late 1990s, said Brian Hayduk, the former president of one-time PNM Resources subsidiary First Choice Power, at the Edison Electric Institute Financial Conference in Orlando, Fla.

  • Nov 08, 2011 -- by Brian Eckhouse

    PGE Preps Gas RFP

    Portland General Electric is readying a request for proposals for 500-700 MW of gas-fired generation.

  • Nov 10, 2011 -- by Brian Eckhouse

    PSEG Preps Transmission Project

    Public Service Enterprise Group is readying $750 million in transmission lines from Warren County, N.J., through Morris County to Essex County.

  • Nov 11, 2011

    Seen ’N Heard

    Observations from around the Edison Electric Institute Financial Conference.

  • Nov 11, 2011

    Reporter’s Notebook

    A round-up of news from the Edison Electric Institute Financial Conference about companies including Southern Co., American Electric Power, Black Hills Corp., CH Energy Group and FirstEnergy.

Platts 14th Annual Financing U.S. Power

  • Oct 28, 2011 -- by Brian Eckhouse

    Solar Bidders To RFPs Pitch Low Prices

    Solar photovoltaic sponsors are pitching extremely low prices to utilities as the sponsors face a paucity of power purchase agreements and robust competition.

  • Oct 28, 2011 -- by Brian Eckhouse

    Lenders: PF Deals Will Still Get Done

    The European sovereign debt crisis may have sidelined some project lenders, compressed tenors and widened spreads, but there is appetite to wrap deals, said Matt O’Connor, leader of GE Energy Financial Services’ financial institutions group, at Platts’ 13th Annual Financing US Power in New York.

  • Oct 28, 2011 -- by Holly Fletcher

    Bankers, Execs Spy B-Loan Window

    A rally in stock markets has opened a window for securing term B loans, bankers and executives said at the conference.

  • Oct 28, 2011 -- by Holly Fletcher

    Coal-Fired Gen Lures, Stumps Financial Players

    Financial players have an eye out for coal-fired generation investments, but opportunities are difficult to value.

  • Oct 27, 2011 -- by Holly Fletcher

    ECP Circles First Close On Mezz Fund

    Energy Capital Partners is nearing the first close on its maiden mezzanine debt fund.

6th Annual North American Infrastructure & Energy Finance Forum

  • Sep 23, 2011

    Reporter’s Notebook

    A collection of interesting tidbits picked up at, and behind, the scene of the conference.

  • Sep 23, 2011

    Reznick: New Investors Eye Tax Equity Mart

    New tax equity players may emerge to take advantage of tax credits even after the expected sunset of the U.S. Department of Treasury cash grant on Dec. 31, said Robert Sternthal, president of Reznick Capital Markets.

  • Sep 23, 2011

    PPA Scarcity Haunts Developers

    Renewables developers are concerned about a paucity of power purchase agreements and uncertainty surrounding those contracts in the U.S. and Canada.

  • Sep 22, 2011 -- by Brian Eckhouse

    Hudson, Neptune Developer Plots Projects

    PowerBridge, the Fairfield, Conn.-based transmission developer behind the Neptune and Hudson lines, is planning early-stage projects in northern New England, Hawaii and upstate New York.

  • Sep 22, 2011 -- by Brian Eckhouse

    La Caixa Readies U.S. PF Operation

    La Caixa expects to relocate four existing project financiers from Spain to staff an office in New York that it aims to open within three months, said an industry observer.

Acore and Euromoney's Renewable Energy Finance Forum--Wall Street

  • Jun 22, 2011

    REFF-Wall Street: Utility, Funds Plot Edison Investment

    Marathon Capital is working with a utility and pension funds to establish a vehicle that will co-invest in Edison Mission Energy’s wind portfolio.

  • Jun 22, 2011

    Starwood Closes Solar, Storage Deals

    Starwood Energy Group has wrapped a roughly $40 million financing backing 10 MW at a solar photovoltaic project in Sault Ste.

  • Jun 23, 2011 -- by Holly Fletcher

    Reznick Plots Boutique Growth

    Reznick Capital Markets is in the market to expand its capital advisory practice into a full boutique investment bank.

  • Jun 22, 2011

    REFF-Wall Street: Push Made For MLP Renewables

    The geothermal, hydro, solar and wind industries are lobbying Congress to allow master limited partnerships to invest in renewables projects, said Keith Martin, Chadbourne & Parke partner, on the sidelines of the REFF-Wall Street conference in New York City hosted by the American Council on Renewable Energy and Euromoney Energy Events.

  • Jun 21, 2011 -- by Brian Eckhouse

    EverPower Looks To Finance Merchant Wind

    EverPower is targeting roughly $45 million in debt to support two merchant wind farms it is developing

  • Jun 22, 2011

    Chinese Co. Eyes Solar PV Financing

    ENN Group North America, an affiliate of Chinese solar manufacturer ENN Solar, is looking to finance 20 MW of solar photovoltaic projects in New Jersey by year-end to qualify for the U.S.

Platt's Global Power Markets Conference

  • Apr 12, 2011 -- by Holly Fletcher

    The Vegas Line: Tenaska Tracks Ill. Legislation

    Tenaska is monitoring whether a bill in the Illinois legislature will put its $3.5 billion, 600 MW Taylorville integrated gasification combined cycle project back on track.

  • Apr 14, 2011 -- by Holly Fletcher

    The Vegas Line: Safety Concerns, Costs Cut Nuke Push

    The nuclear renaissance that was taking hold in the U.S. is expected to be stopped in its tracks—at least temporarily—as a result of the ongoing crisis at Tokyo Electric Power Co.’s earthquake and tsunami-battered Fukushima nuclear plant.

  • Apr 15, 2011 -- by Holly Fletcher

    The Vegas Line: NRG Scopes Solar Securitization

    NRG Energy is in the early stages of an initiative to securitize portions of the revenue from its solar portfolio as a way to diversify its access to capital.

  • Apr 14, 2011 -- by Holly Fletcher

    The Vegas Line: New Gas Build Take Backseat To M&A

    New natural gas-fired projects will continue to take a backseat to asset M&A as low power demand and pricing signal that new build is not yet required.

  • Apr 13, 2011 -- by Holly Fletcher

    The Vegas Line: Guatemalan Cos Prep RFP

    Empresa Electrica de Guatemala, a distribution company based in Guatemala City, is teaming up with two other local distribution companies on an 800 MW request for proposals that will bring in 480 MW of renewable power.

  • Apr 11, 2011

    The Vegas Line: CPV Finds Bank Hunger For Sentinel

    Competitive Power Ventures expects to finalize the $400 million financing backing its 850 MW Sentinel combined-cycle facility in the middle of next month.

  • Apr 15, 2011

    The Vegas Line: Coal To Creep Into M&A, Financing

    Coal-fired plants are expected to trickle into the financing and M&A markets as developers get more clarity on regulations from the U.S. Environmental Protection Agency.

Infocast's Solar Power & Investment Summit

Geothermal Energy Association's Geothermal Energy Finance Forum 2011

  • Feb 11, 2011

    Republicans Target Loan Guarantee Cuts

    Republicans in the House of Representatives are proposing to slash $1.4 billion from the U.S. Department of Energy’s loan guarantee program as part of a plan to cut billions from this year’s federal budget.

  • Feb 11, 2011 -- by Brian Eckhouse

    Raymond James Preps Geo Financing

    Raymond James is readying a $184 million bond issue backing a geothermal plant in North America, said Jimmy Leung, a Toronto-based managing director at the Geothermal Energy Association’s Geothermal Energy Finance Forum 2011 in New York.

  • Feb 11, 2011

    Icelandic JV Preps Advisory Shop

    Hannon Armstrong Capital of Annapolis, Md., and Glacier Geothermal and Seafood Corp., a New York-based subsidiary of Icelandic bank Islandsbanki, have launched GeoBanc, a joint venture to advise geothermal sponsors on development and financing.

  • Feb 11, 2011

    Drilling Risks Loom Large For Geo Financing

    Geothermal financing is available, but investors remain wary of drilling risks, said multiple financiers, advisors and developers.

  • Feb 11, 2011

    Congress Unlikely To Extend Grant Beyond 2011

    Congress is unlikely to extend the U.S. Department of Treasury cash grant beyond its scheduled expiration of Dec. 31, attorneys and lobbyists said Feb. 9 at the Geothermal Energy Association’s Geothermal Energy Finance Forum in New York.

SNL Exnet's Power & Utilities M&A Symposium

Euromoney's 2nd Annual Canadian Power Financing Conference

  • Jan 21, 2011

    SkyPower Targets $700M PV Funds

    SkyPower will look to the project finance market for up to $720 million to support roughly one-fifth of its 1.2 GW solar photovoltaic pipeline in Ontario this year.

  • Jan 21, 2011

    Solar Industry Cooperates For OPA Reqs

    Developers, lenders and solar manufacturers are working together to meet local content requirements under the Ontario Power Authority's feed in tariff program and to ensure financing for projects.

  • Jan 21, 2011

    Sea Breeze Takes Next Step On DOE Guarantee

    Sea Breeze Power has filed the second part of its loan guarantee application with the U.S. Department of Energy.

  • Jan 21, 2011

    OPA Preps NatGas Call

    The Ontario Power Authority is planning to kick off a new request for proposals to ink power purchase agreements for up to 500 MW of generation.

  • Jan 21, 2011

    Ontario Seeks Private Developers For Transmission

    The Ontario Energy Board is inviting private companies to compete for the right to build a roughly $550 million transmission line.

  • Jan 21, 2011

    Finavera Circles Equity

    Finavera Renewables is close to locking in equity via a partner for a portion of its $800 million wind pipeline before targeting a debt financing.

  • Jan 19, 2011

    Canada Loan Mart To Feel U.S. Demand

    Canadian sponsors are not likely to find cheaper pricing this year because U.S. developers will be looking north of the border for lenders to finance a slew of projects, bankers said on a panel at Euromoney's 2nd Annual Canadian Power Finance conference in Toronto.

Infocast's Projects & Money 2011

  • Jan 13, 2011

    Uncertain Regulatory Climate To Endure

    Executives at Competitive Power Ventures, Duke Energy, New Harbor and NRG Energy anticipate at least two more years of patchwork energy state policies amid prolonged federal regulatory uncertainty.

  • Jan 14, 2011

    Tax Equity Players Eye Solar Investments

    Tax equity players, including Credit Suisse and Union Bank, hope to invest more in solar energy in 2011.

  • Jan 11, 2011

    Pricing To Remain Steady For 2011

    The pricing floor will remain at 237.5-250 basis points over LIBOR for most long-term project financings this year, said bankers attending Infocast’s Projects & Money 2011 conference in New Orleans..

  • Jan 12, 2011

    More Wind Leveraged Leases In The Forecast

    An uptick in leveraged leases of wind farms is likely in 2011 as sponsors and investors become more comfortable with the structure.

  • Jan 13, 2011

    PE Firms Find Favorable Market Conditions

    Private equity firms project stronger market conditions in 2011 after a seeming return to normalcy by the close of 2010.

  • Jan 14, 2011

    Lenders Set To Open Checkbooks

    Project finance lenders expect to deploy more capital in 2011 than last year and are increasingly willing to finance new or upgraded technologies as credit committees ease up on conservative directives, senior financiers said Wednesday at Infocast’s Projects & Money 2001 conference in New Orleans.

  • Jan 13, 2011

    Financiers Split On Utility Participation

    Financiers and advisers are divided on whether utilities will take a more active role developing renewables projects.

  • Jan 11, 2011

    Biomass Sponsors To Qualify For Loan Guarantees

    Sponsors of commercial-scale biomass and waste-to-energy plants in the U.S. are expected to qualify for loan guarantees of up to $250 million per project under the U.S. Department of Agriculture’s Sect. 9003 biorefinery program.

  • Jan 13, 2011

    Bankers Bullish On Capital Markets Deals

    Cost, risk and regulatory factors will ultimately boost the appeal of capital markets over syndicated bank debt financings, bankers say.

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