Jan 18, 2013
- Holly Fletcher
Ameren Energy Generating Co. is being tipped for a restructuring process as parent Ameren looks to exit the merchant business. Since Ameren announced it wanted to leave merchant generation in late December, the $825 million in senior unsecured notes at GenCo have slid nearly 40% from par to the low 60s, observers say.
In the announcement last month, Ameren did not specify how it would exit and there was speculation there would be a sale of some or all of its generation assets similar to the auctions of facilities under PPL Montana and Dominion (PI, 1/11).
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Feb 13, 2015 -
Financings backing merchant and hedged projects continue to hit the sweet spot for lenders. Debt pricing also surfaced in several panels at Euromoney Seminars’ 10th Annual U.S. Power & Renewables conference held in New York this week.
Feb 06, 2015 - Olivia Feld
Super Bowl XLIX won’t just be remembered for the left shark, golden tiger and a horrendous late game blunder. The match will also go down as the year that the big game was offset entirely by renewables.
Jan 30, 2015 -
Project finance and M&A activities continue to swirl in and around PJM.
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