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Lenders in the $985 million Kleen Energy Systems loan are in the process of replacing Goldman Sachs as administrative agent.
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International Power has signed 10 banks to provide financing for a $1.5 billion 815 MW coal plant in Indonesia.
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Jonathan Cody, senior managing director in the global energy group at WestLB, left the bank last week.
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RES Americas will invest upwards of $1 billion in a wind pipeline in the eastern part of Michigan as it builds out a 500 to 700 MW project in the Thumb region.
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Banco Espirito Santo and WestLB have stopped working on a financing supporting Edison Mission Energy's $300 million, 150 MW Cedro Hills wind farm.
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Wind Energy Systems Technology, a New Iberia, La.-based wind developer, is working with Vermillion Parish, La., to build an offshore wind project that will provide four cities with 50 MW of power.
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Mitsubishi UFJ Financial Group, Caja Madrid, Commerzbank, Helaba and Mizuho have been tapped to lead roughly $300 million in financing backing BP Alternative Energy and Ridgeline Energy’s 130 MW Goshen II wind project in Idaho.
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FPL Group subsidiary NextEra Energy Resources is doing a $303 million private placement via BNP Paribas and WestLB backing a wind farm of undisclosed size straddling Oklahoma and Colorado.
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Geoffrey Richardson, executive director and head of project finance renewables, has left Morgan Stanley.
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The U.S. Department of Energy is expected to announce a loan guarantee for up to 80% of the development costs of GE Energy and Caithness Energy’s 909 MW Shepherd’s Flat wind farm under its Financial Institute Partnership Program.