Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
D.C.
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Mass.
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
N.Carolina
N.Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
S.Carolina
S.Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
W.Virginia
Wisconsin
Wyoming
Law Firm Website Design Companies : The Good, The Bad, and The Ugly

BP Colorado wind farm financing closes

  Legal Business  -   POSTED: 2007/01/31 20:43

The financing closed for the construction of BP Plc's 301-megawatt Cedar Creek wind farm in Weld County, Colorado, the law firm representing the lenders said.

International law firm Milbank, Tweed, Hadley & McCloy LLP said in a release that Cedar Creek entered into a long-term supply agreement with Xcel Energy Inc.'s Public Service Co of Colorado for the sale of electricity from the project.

The law firm represented the lenders, Mizuho Financial Group Inc.'s (8411.T: Quote, NEWS , Research) Mizuho Corporate Bank Ltd., Bayerische Landesbank [BAYLB.UL] and HSH Nordbank AG [HSH.UL]. It did not reveal the amount of financing the lenders provided.

Cedar Creek is a venture between BP's BP Alternative Energy North America Inc. subsidiary and Australian investment firm Babcock & Brown's (BNB.AX: Quote, Profile , Research) Babcock & Brown Operating Partners LP.

BP said in a release earlier this month it expected part of the project would to start operating in the second half of 2007.

Once completed, the Cedar Creek project, which is under construction, will have 274 turbines and generate about 301 MW of power - enough to power 120,000 homes.

Separately, Milbank said the financing for the construction of Spanish wind energy company Gamesa's (GAM.MC: Quote, Profile , Research) 80 MW Allegheny Ridge wind farm in Pennsylvania.

Milbank said it represented the lenders Mizuho and HSH Nordbank AG on the Allegheny project.

Gamesa entered into several long-term supply agreements with FirstEnergy Corp.'s (FE.N: Quote, Profile , Research) FirstEnergy Solutions Corp. subsidiary for the sale of electricity from the project.

The Allegheny Ridge project, expected to enter service in early 2007, will have 40 turbines rated at two megawatts each.


Legal News | Breaking News | Terms & Conditions | Privacy

ⓒ Breaking Legal News. All Rights Reserved.

The content contained on the web site has been prepared by BLN as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. Law Promo Website Design Company
   More Legal News
   Legal Spotlight
   Exclusive Commentaries
   Attorney & Blog - Blog Watch
   Law Firm News  1  2  3  4  5  6 
   Lawyer & Law Firm Links
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Family Lawyer Rockville Maryland
Divorce lawyer rockville
familylawyersmd.com
New York Dental Malpractice Attorney
dentalmalpracticenewyork.com
Family Law in East Greenwich, RI
Divorce Lawyer, Erica S. Janton
www.jantonfamilylaw.com
Los Angeles Legal Document Service
Review By Lawyers
www.tllsg.com
Indiana Medical Malpractice Attorneys
Indianapolis Medical Malpractice
www.williamspiatt.com
Oregon DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Chicago, DuPage IL Workers' Compensation Lawyers
Chicago Workplace Injury Attorneys
www.krol-law.com
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Raleigh, NC Business Lawyer
www.rothlawgroup.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
   More Legal News  1  2  3  4  5  6
   Legal News Links
  Click The Law
  Daily Bar News
  The Legal Voice
  The Legal Report
  Legal News Post
  Crisis Legal News
  Legal News Journal
  Korean Web Agency
  Law Firm Directory