Project Finance

  • December 20, 2011

    Simpson, Milbank Aid KKR, Google In Solar Investment

    Private equity firm Kohlberg Kravis Roberts & Co. LP and Google Inc. have invested in four utility-scale solar projects in Sacramento, Calif., that will power more than 13,000 homes when they are powered up next year, the companies said Tuesday.

  • December 19, 2011

    Investors In $100M Paper Mill Project Close Book On Suit

    A Tennessee federal judge on Thursday signed off on a settlement putting to rest claims that investors in a $100 million paper mill didn't buy as much of the mill's products as they promised and doomed the mill to failure.

  • December 19, 2011

    Mining Co. Gets $85M Financing For Tungsten Pit

    Specialty metal mining company Wolf Minerals Ltd. has secured £55 million ($85 million) in debt financing from UniCredit Bank AG and two other lenders to develop a major tungsten mine in southwestern England, Wolf announced Monday.

  • December 19, 2011

    Duke-American Nets $3.5B Wind Power Line For 1st Outing

    A joint venture between Duke Energy Corp. and American Transmission Co. created this year announced its first acquisition, a $3.5 billion Wyoming wind power transmission line that would bring energy to California and the southwestern U.S., Duke said Monday.

  • December 19, 2011

    Mizuho Supplies $250M For Sharp Unit's Solar Projects

    Sharp Corp.’s solar energy business Recurrent Energy has secured an industry-leading $250 million credit facility from Mizuho Financial Group Inc.'s corporate banking arm in order to build large-scale solar plants in Ontario, the company announced Monday.

  • December 19, 2011

    First Wind Snags $210M Financing for Wash. Wind Project

    A subsidiary of Massachusetts wind energy company First Wind Holdings LLC has secured $210 million in financing for a wind project in Washington state, the company announced Monday.

  • December 16, 2011

    Summit Power Nets Funding For Alaska Wind Turbines

    Summit Power Group LLC has secured financing for 11 wind power turbines in Alaska, which moves developer Cook Inlet Region Inc. one step closer to completing a plan it has been working on since 2005, the firms said Friday.

  • December 16, 2011

    Cheniere Unit Launches Texas Liquefaction Project

    A subsidiary of Houston-based Cheniere Energy Inc. is developing a liquefied natural gas export facility at one of its existing natural gas production sites, Cheniere announced Friday.

  • December 16, 2011

    Aegion Wins Shell Pipeline Development Contract In Gulf

    A subsidiary of global infrastructure developer Aegion Corp. has been awarded a Royal Dutch Shell PLC contract for a deepwater pipeline project in the Gulf of Mexico, Aegion announced Friday.

  • December 15, 2011

    Milbank Steers Lenders On $692M Brazilian Drillship Deal

    A Brazilian development conglomerate has secured a $692 million loan from a group of Asian and European banks to buy a deepwater oil and gas drilling ship, according to an announcement Thursday by Milbank Tweed Hadley & McCloy LLP, which advised the lenders.

  • December 15, 2011

    Nixon Peabody Aids US Bank In Funding For Solar Co. KDC

    U.S. Bancorp has committed new tax-equity financing to private equity-backed KDC Solar LLC to fund a string of New Jersey rooftop projects, the parties announced Thursday.

  • December 15, 2011

    Senate Panel OKs Bill For Solar Permitting Grants

    A U.S. Senate Committee passed legislation Thursday that would provide grants for local governments to develop more efficient, cost-effective permitting standards for installing solar energy systems.

  • December 15, 2011

    Hogan Helps Royal Gold Double Down On Canadian Mine

    Royal Gold Inc. has agreed to pay $270 million for an additional 15 percent of the gold from a Thompson Creek Metals Co. mine under construction in British Columbia, the company announced Thursday.

  • December 15, 2011

    Anadarko-Led Venture Begins $2B Gulf Drilling Project

    A $2 billion deepwater oil and natural gas development project in the Gulf of Mexico led by Anadarko Petroleum Corp. has been greenlighted by the project's joint venture partners, Anadarko announced Wednesday.

  • December 14, 2011

    Kinder Morgan Adds $130M Petroleum Plant To Build-Out

    Pipeline and energy storage giant Kinder Morgan Inc. is building a $130 million petroleum processing facility in Houston, the company announced Wednesday, continuing a big infrastructure development push.

  • December 14, 2011

    Chilean, Japanese Cos. Team Up On $1.3B Copper Mine

    Antofagasta Minerals SA, a Chile-based mining company, will build a $1.3 billion copper mine in the country's mineral-rich north, boosted by a $350 million contribution from Japanese trading house Marubeni Corp., the company announced Wednesday.

  • December 14, 2011

    Hawaii’s Biggest Wind Farm Set To Break Ground

    Hawaii's largest wind farm cleared the state's public utility commission on Tuesday, paving the way for the 69-megawatt project to break ground this month on the island of Oahu, according to the Hawaiian Electric Company, which will buy the electricity.

  • December 14, 2011

    Seadrill Eyes Joint Venture With Malaysian Energy Giant

    Offshore drilling standout Seadrill Ltd. is looking to deepen its ties to Malaysian oil and gas firm SapuraCrest Petroleum Bhd. with a joint venture to provide oil field services in Brazil, Seadrill announced Wednesday.

  • December 14, 2011

    Abu Dhabi's Talex Signs $200M Lease To Make Car Parts

    Taweelah Extrusion Co., known as Talex, has paid 735 million United Arab Emirates dirhams ($200 million) to lease land in a new industrial zone, with plans to produce aluminum-based products for the automotive industry, the industrial zone's manager said Wednesday.

  • December 13, 2011

    NRG Energy Puts Del. Wind Farm Project On Hold

    New Jersey-based power generation firm NRG Energy Inc. has put a Delaware wind farm project on hold because its alternative fuels subsidiary has not been able to secure an investment partner, NRG announced Monday.