Alterra Power

People (June 2014)

CMS Energy names Brian Rich as vp and CIO; New York Independent System Operator names Michael Bemis as board chair; Southern California Edison elects Connie J. Erickson as v.p.  and controller; CenterPoint Energy names Dana O’Brien senior v.p. and general counsel.

Transactions (May 2014)

Sunrun acquires AEE Solar and SnapNrack; FirstEnergy completes sale of hydroelectric power stations to Harbor Hydro Holdings; Alterra acquires Shannon wind project from Horn Wind.

Transactions (April 2014)

Calpine acquires Texas combined-cycle plant from MinnTex; FirstEnergy sells 11 hydro stations to LS Power; Alterra Power acquires 202-MW wind farm; plus deals and debt issues totaling $1.8 billion.

Alterra Power Completes Acquisition of Shannon Wind Project

Alterra Power completed the acquisition of the Shannon wind project, a 202-MW wind farm in Clay County, Texas, from Horn Wind. Alterra also placed a $4.5 million cash deposit with Oncor, the project's transmission service provider, which will now begin the design and equipment procurement for the project's interconnection substation. In December 2013, Alterra completed certain construction activities to ensure the Shannon project will qualify for the U.S.

Transactions (March 2014)

SCE&G acquires larger share of VC Summer nuclear project; APS buys SCE's share of Four Corners power plant; Allete (Minnesota Power) acquires from AES 231 MW of wind farms in four states; EdF acquires 194-MW Texas wind project; NRG issues $1.1 billion in bonds; ComEd floats $650 million in two tranches; plus transactions involving TransCanada, Alterra, PSEG, and others totaling $3.4 billion.

Alterr Power Completes Partial Sale of Dokie 1 Interest

Alterra Power sold half of its 51% interest in the Dokie 1 wind farm to Fiera Axium Western Energy. Alterra received initial sales proceeds of $28,625,000, and may receive further earn-out payments of up to $2,250,000 over the next three years depending on asset performance. Alterra will retain 25.5% ownership of Dokie 1, and will continue to operate and manage the project.

People (April 2013)

Southern Company makes changes in operations and power subsidiaries; Michael Chesser to leave KCPL board; Dynegy names new e.v.p.; Rolando Pablos resigns from Texas PUC; In Memoriam: Kris R. Nielsen.

People (November 2011)

Exelon and Constellation announce post-merger executive lineup; Xcel Energy names new CFO and general counsel; Organization of MISO States elects new officer; plus senior staff changes at FirstEnergy Nuclear Operating, American Electric Power, Alterra Power, and others.

People (October 2011)

Tennessee Valley Authority implements new leadership group; Foley & Lardner hires two partners; New York Independent System Operator names new consumer interest liaison; Alterra appoints new CEO; plus senior staff changes at Xcel Energy, Galvin Electricity Initiative, Arch Coal, and others.

Vendor Neutral

(July 2011) Williams Partners L.P. expands Transco transmission lines; Google to provide fiber optic Internet service for Kansas City, Mo.; Constellation Energy picks Lynxspring Inc.; plus contracts and developments involving Servidyne, EnerNOC, Siemens Energy and others.