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Exelon Acquires California Solar Project

Chicago-based Exelon has acquired First Solar’s 230-megawatt Antelope Valley Solar Ranch project in Los Angeles County. The $1.36 billion project is backed by a $646 million loan guarantee from the Department of Energy. Exelon is expected to finance the balance of the project’s costs […]

Deere & Co. Closes Sale of Wind Biz

Deere & Company, the world?s largest farm-equipment maker,? has closed the $900 million sale of? of its wind energy business to Chicago-based Exelon.?

BP to Chamber: Were Staying

In a speech at the Oil & Money Conference in London, BP CEO Tony Hayward urged for a strong private/government partnership to implement a comprehensive cap-and-trade system.  That’s a polar opposite stance to the U.S. Chamber of Commerce’s own anti cap-and-trade position. On […]

Theres No Better Friend Than a Despised Enemy

Who’s going to be the next to leave the U.S. Chamber of Commerce over its opposition to climate change legislation? Will it be Toyota? How about McAndrews & Forbes Holdings (which, admittedly, we had never heard of but is billionaire Ron Perelman’s company)? […]

The New Dirty Word in Green Energy

There’s a new dirty word in green energy: rent seeking. Rent seeking, for those who missed the bank bailouts, is the act of manipulating the market or regulatory structure in order to earn profit. The criticism has been leveled at every major player […]

Shocker: T. Boone Pickens Is Acting In His Own Interest

Bloomberg has a2,800-word profile on the irrepresible T. Boone Pickens this morning that includes the unsurprising analysis that the Texas-oilman turned green-energy guru is acting partially out of self interest. He has a 33 percent interest in Clean Energy Fuels Corp. (NAS:CLNE), which […]

Business Leaders Come to D.C. to Lobby for the Earth and Themselves

Are we seeing a new era of corporate activism on climate change or is this just a fleeting moment? Today, following on the heels of the latest defection from the U.S. Chamber of Commerce over its opposition to cap-and-trade, business executives from 150 […]

The Week In Green Energy: M&A Wave Hits Greentech

Green Energy M&A has started to get, erm, traction… If the dark cloud that is the Great Recession has a silver lining, it is that companies across America have accumulated huge stockpiles of cash. Now, nearly two years after the implosion of global […]

Details Trickle On Exelons Wind Acquisition

Chicago-based power company Exelon plans to finance its $900 million acquisition of? Deere?&?Company’s wind energy business on debt.

Details Trickle On Exelons Wind Acquisition

Chicago-based power company Exelon plans to finance its $900 million acquisition of? Deere?&?Company’s wind energy business on debt.