1. FINANCE:
Wind projects face long-term credit turbulence

NEW YORK -- The financial upheaval in the global economy could mean permanent changes for the wind power industry in the United States, even when the credit crisis is settled and liquidity returns to the markets. Bank consolidations, staggering losses from write-downs and the expected wave of federal regulation and tightened oversight will mean that fewer lenders will be able or willing to extend easy credit to companies up and down the entire wind technology supply chain, from turbine manufacturing all the way to wind farm installations. Go to story #1

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Friday, November 21, 2008 -- 07:26 AM

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