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	LATEST ISSUE - December 2009/January 2010 Home \| Cover story \| Features \| Supplements \| Full contents We welcome your comments about these articles. Please email us.

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		4th Annual US Power & Renewables Finance Forum, 4 March, New York

IFM/ConEd debt service behind track

20 April 2009

North American Energy Alliance is in danger of breaching its debt covenants in the face of slower-than-anticipated amortization on its first lien debt. NAEA, the borrower for IFM's acquisition of a portfolio of power plants from Consolidated Edison, notified lenders of its difficulties in a letter on 14 April. Standard & Poor's ...

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