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News In Brief December 24, 2008

Americas

* Exelon is planning to extend its hostile bid for NRG Energy past the Jan. 6 deadline due to pending regulatory approvals (Reuters, 12/23).

* FPL Energy subsidiary Heartland Wind has signed a $322.5 million limited-recourse senior secured variable rate term loan with a tenor of eight years (TradingMarkets.com, 12/23).

* Covanta Holding has acquired two biomass facilities with a combined capacity of 49 MW from co-owners Ridgewood Maine and Indeck Energy Services for $52 million (TradingMarkets.com, 12/23).

* The Maryland Public Service Commission has asked Constellation Energy for documents relating to
Électricité de France’s $4.5 billion purchase of the company, to determine if state regulators have the authority to review the deal (Baltimore Sun, 12/20).

* Duke Energy is proposing a $600 million, 300 MW wind farm near Searchlight, Nev. (Associated Press, 12/19).

* State regulators have approved Progress Energy’s plans to issue up to $3.02 billion in debt to fund a three-year $4 billion capital spending plan (Reuters, 12/19).

* The Department of Energy has awarded Constellation Energy, FPL Energy and 14 ...

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