The CEO Power Forum: Not all utility CEOs are created equal...
Entergy utility operating companies completed the integration of their transmission system into the Midcontinent Independent System Operator (MISO). Entergy's utility operating companies — Entergy Arkansas, Entergy Mississippi, Entergy Texas, Entergy Louisiana, Entergy Gulf States Louisiana, and Entergy New Orleans — have been working for more than two years to plan and prepare for the transition. With the integration into MISO, these functions will now be managed by MISO across its newly-expanded regional footprint.
Entergy and ITC Holdings mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC. The companies formally terminated the merger agreement and filed pleadings to withdraw the remaining transaction approval applications with Entergy's retail regulators, as well as the Missouri Public Service Commission and the Federal Energy Regulatory Commission. The companies originally announced the deal on Dec.
Mississippi draws a line in the sand.
How NIPSCO feels leaned on.
Northern Indiana Public Service, the MISO member sandwiched between PJM’s Ohio territory and its noncontiguous Chicago outpost, feels particularly aggrieved by the failure of the MISO-PJM Joint Operating Agreement, approved by FERC in 2004, to facilitate cross-border grid projects to relieve constraints along the ragged and interlaced seam that separates the two regions.
Constellation and EdF transfer nuclear licenses to Exelon for $400 million; NRG closes $244 million acquisition of Gregory cogen plant in Texas; Vivint Solar secures $200 million for rooftop solar leases; Virginia Power floats $585 million in bonds; Southern Company issues $700 million; plus equity deals totaling $844 million and debt issues totaling $3.635 billion.