Interest rates not always controlling for return on equity.
Diversifying Utility Regulation: State regulators voice opinions as mixed as the nation’s geography.
A survey sample of regulators on their dealings with peers, colleagues, staffers, and stakeholders.
An Idea Whose Time Has Come
Siemens will provide the grid connection for an offshore wind farm off the coast of the U.K.; ABB will supply gas-insulated switchgear for substations in New Jersey; A team from the Microgrid Institute will design, simulate, and test microgrid control systems for two Maryland suburbs; Plus solar power developments by Xcel Energy, SunEdison, ReneSola, and Duke Energy; and others…
PPL Montana sold its hydroelectric facilities to NorthWestern Energy for $900 million; Chesapeake Utilities sold BravePoint; Echelon completed the sale of its grid operations to S&T AG; Plus a debt redemption from Virginia Electric & Power, a private placement offering from DPL, and an IPO for Dominion Midstream Partners.
Some thoughts on Exelon’s takeover of Pepco.
ITC Holdings named Krista Tanner as v.p. of ITC Holdings Corp. and president of ITC Midwest; Dean Seavers will be U.S. president and executive director at National Grid; CenterPoint Energy promoted three company executives; Darren Olagues, is expected to become president and CEO of Cleco; American DG Energy appointed Benjamin M. Locke as co-CEO; Ronald J. Tanski, president and CEO of National Fuel Gas Company, was elected chairman of the board of directors at Interstate Natural Gas Association of America; Appointment changes at several associations, and others...
NRG Energy acquired Pure Energies Group, a residential solar industry provider; Duke Energy Progress filed with FERC for approval to purchase the North Carolina Eastern Municipal Power Agency’s generating assets for $1.2 billion; Trina Solar Limited signed a share purchase agreement to sell a power plant to funds managed by Foresight Group LLP; AES entered into an agreement to sell its 49.62% equity interest in a joint venture in Turkey; Southern Power acquired the 150-MW Solar Gen 2 solar facility in California from First Solar; SolarCity is planning to launch what would be the first registered public offering of solar bonds in the US; and debt offerings from Dynegy and ComEd.
Many in business back EPA, but the new Congress has yet to weigh in.