Shareholders of AGL Resources voted to approve the proposed merger with Southern Company announced on August 24, 2015. Additionally, AGL Resources shareholders approved the proposed executive compensation that may be paid or may become payable to the Company's named executive officers in connection with or following the consummation of the merger. The merger remains subject to federal and state regulatory approvals, and the transaction is expected to close in the second half of 2016.
FERC issued an order approving construction of Constitution Pipeline’s proposed pipeline to increase natural gas supply to New York and New England markets, subject to certain conditions that will ensure the protection of natural resources. FERC on Dec. 2, 2014 issued its certificate of public convenience and necessity for the 124-mile Constitution Pipeline.
The Federal Energy Regulatory Commission (FERC) approved the acquisition of UNS Energy by Fortis, finding the transaction is consistent with the public interest. The ruling is the next step toward finalizing the transaction. UNS Energy shareholders approved the acquisition on March 26, 2014.
Dominion received word from the Federal Energy Regulatory Commission (FERC) that the agency will issue its environmental assessment for the Dominion Cove Point LNG liquefaction and export project on May 15. The proposed export facility will be within the 131-acre footprint of the LNG import facility. No new pipelines, storage tanks or piers are needed at the facility. The company needs about 50 permits and approvals before construction can begin.
American Electric Power received approval from the Federal Energy Regulatory Commission (FERC) to separate its Ohio generating assets from its Ohio distribution and transmission operations and transfer these assets to a competitive generation company and regulated affiliates. AEP anticipates implementing corporate separation and the other items in the related filings by Dec. 31, 2013.