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WestLB Prices $215M Project Finance Deal

WestLB circled up a 12-year $215 million project financing for Starwood Arroyo, LLC, a Fort Lupton, Colo.-based 272 MW gas-fired combined cycle cogeneration power plant last week, sources said.

WestLB Increases Size of Wind Project Financing

WestLB has added two wind farms to its pending project finance deal for the Dokie Wind Energy Project, said a source. The addition of the two wind farms increases the deal's size to $350 million from $214 million...

WestLB to Bring Deal For B.C. Wind Farm

WestLB is set to launch a project financing for a wind farm in British Columbia, Canada, sources said. The 150 megawatt wind farm, called the Dokie Wind Energy Project, is sponsored by renewable energy developer EarthFirst Canada Inc. The $214 million deal will include a two-year construction period and will have a 20-year final maturity, with an average life in the 10- to 13-year range. Though the deal itself has no rating, it benefits from a 20-year power purchase agreement with British Columbia-based electric utility BC Hydro, which has a rating of AA' by Standard & Poor's. The deal is expected to launch in mid-February, and to price in March.

BNP Paribas Brings 144A For California Plant

BNP Paribas was in the market last week with a 144A for the Panoche Energy Center in California. The deal has no registration rights and is $330 million in size, with a 21.5-year final, 14-year average life maturity. Standard & Poor's has a rating of BBB-' on the deal, which is expected to price this week.

WestLB Launches Wind Project Financing

WestLB last week launched a $318.7 financing for a wind-power project sponsored by RES Americas Inc., sources said. More than half of the deal will be...

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