Nevada Business and Industry calls portion of 2007 LVE Energy bonds

By Marisa Wong

Madison, Wis., June 2 - The director of the State of Nevada Department of Business and Industry gave notice that the issuer will redeem $27 million of its $100 million variable-rate series 2007 LVE Energy Partners, LLC Project demand revenue bonds due Oct. 1, 2035.

The bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

Zions First National Bank is the trustee.

The Las Vegas-based department administers bond programs to encourage development of business within Nevada.

LVE energy is a Las Vegas joint venture between Marina Energy LLC and DCO Energy, LLC, which are energy development companies with headquarters in New Jersey.

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