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  • Dominion Resources plans on obtaining a fresh bank loan to fund at least half the $220 million purchase of the Kewaunee nuclear plant in Carlton, Wis.
  • PNM Resources is preparing to launch a 3.4 million offering of common stock and $215 million of hybrid equity units to fund its acquisition of TNP Enterprises and complete construction of Luna Energy Center in Deming, N.M. The offering was expected to be priced last Wednesday.
  • Atlas Pipeline Partners is arranging a $270 million acquisition financing via leads Wachovia Bank and Fleet National Bank to bankroll the $190 million acquisition of ETC Oklahoma Pipeline.
  • Calyon's weather and emissions desk has received bank approval to start trading emissions allowances and David Foster, head of weather and emissions in London, expects it to execute its first trades in a month.
  • Astoria Energy is set to launch a refinancing for a $700 million B-loan facility backing construction of 1,000 MW gas-fired plant in Queens.
  • Calgary-based Enbridge has issued $300 million of long-term bonds to refinance a five-year acquisition revolver, a loan which was partially drawn down to fund the transmission and distribution player's $613 million Shell Gas Transmission purchase.
  • Developer Coram Energy is on the prowl for equity and debt to bank roll a 92.5 MW expansion of its Tehachapi, Calif., wind farm.
  • Puget Sound Energy plans to issue common stock to juice its capital structure to 43% equity from 40% presently.
  • Cleco Corp. is refinancing unsecured facilities totaling $275 million via leads Bank of New York, JPMorgan Chase and WestLB.
  • UniSource Energy is kicking off syndication of a new $546 million loan at the parent and subsidiary level and has tapped Union Bank of California to arrange it.