Transactions (June 2012)
Northeast Utilities closes Nstar acquisition; NextEra announces $600 million stock offering; PPL acquires AES power plants; plus debt and equity deals totaling $513 million.
Northeast Utilities closes Nstar acquisition; NextEra announces $600 million stock offering; PPL acquires AES power plants; plus debt and equity deals totaling $513 million.
(June 2012) South Carolina Electric & Gas gave Shaw Group and Westinghouse full notice to proceed on their contract for two new Westinghouse AP1000 nuclear power units and related facilities at the V.C. Summer nuclear station near Jenkinsville, S.C. Progress Energy awarded a contract to Westinghouse for underwater laser beam welding (ULBW) at the Robinson nuclear plant in Hartsville, S.C. Southern California Edison (SCE) completed additional inspections of the San Onofre Nuclear Generating Station (SONGS) Unit 2 steam generators, based on Unit 3 findings. And others...
In response to direction from the state legislature to protect customer data privacy as smart meters are installed, California Public Utility Commission President Michael Peevey issued a notice of proposed decision in Rulemaking 08-12-009(“Decision Adopting Rules to Protect the Privacy and Security of the Electricity Us
Recent attrition raises the question: Consolidation or death spiral?
A review of power plant deals in 2004 shows that utilities are buying.
Financial data raises doubts about whether deregulation benefits outweigh costs.
Frontlines
Bankruptcy may not be better for ratepayers.
FERC finds the states have teeth, too.
Energy traders and risk managers reengineered their business dealings to manage against unexpected political and financial risks posed by California and Enron in 2001.
Frontlines
The Great Gas Grab