For many, it’s the next logical step for smart grid technology.
ONEOK Partners completed its acquisition of assets from Chevron affiliates for about $800 million; Dominion Resources agreed to purchase Carolina Gas Transmission from SCANA Corp. for about $492.9 million; Entergy subsidiaries acquired the Union Power Station for $948 million; ALLETE Clean Energy acquired a 108-MW wind generation facility; Duke Energy Renewables acquired the Halifax Solar Power Project from Geenex and ET Solar Energy; Pattern Energy Group acquired the 200-MW Logan’s Gap Wind project in Texas for about $113 million; An affiliate of Starwood Energy Group Global agreed to acquire a 369-MW portfolio of three natural gas facilities from Lakeside Energy; NextEra Energy and Hawaiian Electric Industries agreed to combine.
NRG Energy appointed Steve McBee as the first president and CEO of NRG Home; Atlantic Power appointed Teresa M. Ressel to its board of directors; Marvin McDaniel becomes senior v.p., revenue group, and president and CEO of Northern States Power Co.-Minnesota at Xcel Energy; plus management changes at Southern Co., Duke Energy, Entergy Nuclear, and AES; appointments at the U.S. Department of Commerce, NARUC, Nexant, and the OpenADR Alliance; and others.
Wisconsin Energy to acquire Integrys in a transaction valued at $9.1 billion; Dominion to acquire the CID Solar Project from EDF Renewable Energy; Landis+Gyr to acquire GRIDiant Corp.; PPL Corporation and Riverstone Holdings LLC to merge merchant power generation businesses into a new company Talen Energy Corporation; plus debt offerings totaling $1.5 billion.
Electric executives open up on what they’re planning next.
The competitive transmission genie is out of the bottle.
Utility transformation guided by improved customer insight.
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.