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August 2005
The lead arrangers for the £275 million project debt backing International Power(IP)/Mitsui's acquisition of the 1,200MW Saltend Cogeneration plant in the UK from Calpine have approached 15 IP/Mitsui relationship banks, 14 of which have expressed interest in syndication. Syndication is expected to c...
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Complete Energy has closed a $525 million financing for the La Paloma acquisition. The lead arrangers, WestLB and Goldman Sachs experienced an oversubscription level of eight times on the second lien element of the financing. It priced at 175bp over Libor for the $370 million in first lien and 3...
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Coast Mountain Power has mandated WestLB to arrange a C$217 million ($178 million) project financing for the Forrest Kerr hydroelectric project. The appointment came after the developer was unable to agree a term sheet with an unnamed bank with which it had been negotiating since February 2005. ...
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Syndication is underway on the £275 million project debt backing International Power/Mitsui's (70/30 respectively) acquisition of the 1,200MW Saltend Cogeneration plant in the UK from Calpine.