La Paloma Refi Closes with Novel Hedge

Posted with permission from SparkSpread August 26, 2011, by Victor Kremer Bank of America Merrill Lynch and Macquarie Capital yesterday closed a refinancing of the 1,022 MW La Paloma power plant in California, in a deal that includes a first-of-its-kind sparkspread hedge. SunTrust Robinson Humphrey acted as co-manager on the deal on behalf of owners […]