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Project Finance 


  • Invenergy Scouts Debt For Canadian Wind July 30, 2010 

    Invenergy is talking to lenders for financing its CAD330 million, $318 million, 138 MW Le Plateau wind farm in southeastern Quebec.

  • Pristine Peaker Loan Nears Close July 27, 2010 

    Four banks syndicating a $265 million loan backing Pristine Power’s $330 million, 393 MW gas-fired York Energy Centre in King, Ontario, expect the deal to wrap next week.

  • Terra-Gen Taps Private Mart For $1.2B Alta Deal July 26, 2010 

    Terra-Gen has wrapped $1.2 billion in financing backing 570 MW of its Alta wind project, after wrapping a $580.2 million issue of pass-through certificates in a private offering.

  • Loan Fees Approach 2% July 23, 2010 

    Upfront fees in the $580 million deal backing Northland Power's 265 MW combined-cycle plant in North Battleford, Saskatchewan, are being pitched as low as 2%.

  • ArcLight Peaker Deal Set To Wrap July 23, 2010 

    Crédit Agricole and WestLB expect to finalize commitments for a $370 million loan backing ArcLight Capital Partners and Hess Corp.'s 512 MW gas-fired peaker in Bayonne, N.J., by month-end. The deal is set to close next month.

  • Fishermen’s Targets 70:30 Offshore Debt July 20, 2010 

    Financial advisor Fieldstone Capital Group will angle for at least a 70:30 debt-to-equity split for Fishermen’s Energy’s initial $120 million, 20 MW phase of its 370 MW offshore wind farm.

  • Developer Eyes Another Sale-Leaseback July 20, 2010 

    Project Resources Corporation has initiated discussions with bankers about financing its proposed $100 million, 50 MW Lakeswind project near Fargo-Moorhead, Minn.

  • Canadian IPP Preps Big Apple Deal Launch July 19, 2010 

    Banks leading a roughly $600 million financing backing Northland Power’s 265 MW combined cycle plant in North Battleford, Saskatchewan, are launching the deal with a bank meeting in New York tomorrow.

  • Falcon Lenders Await Equity July 16, 2010 

    A financing backing Falcon Gas Storage's $400 million MoBay gas storage hub in Mobile County, Ala., is on hold as the Arcapita­backed sponsor looks to secure equity for the 50 billion cubic feet project.

  • BofA, SunEdison Team Up For Lease July 16, 2010 

    Bank of America is setting up a sale leaseback structure for a SunEdison solar project. Law firm Hunton & Williams is advising BoA on the leasing structure of the $42 million transaction, deal watchers say.

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