Part 3: When Competition Turns to War
Williams’ Transco filed an application with FERC for the New York Bay Expansion Project to deliver additional natural gas to New York City in time for the 2017/2018 heating season. The New York Bay Expansion is designed to deliver an additional 115,000 dekatherms a day of natural gas into National Grid's distribution system through the Rockaway Delivery Lateral and the Narrows meter station.
Part 2: The Art of the Deal
Part 1: Sharks, Whales and Minnows
ALLETE Clean Energy (ACE) agreed to acquire 100 percent of AES Armenia Mountain Wind, (Armenia Mountain) a 100.5-MW wind facility near Troy, Pa., from AES and a non-controlling interest from a minority shareholder for a total of $108 million, plus the assumption of existing debt. ACE had an option to purchase the Armenia Mountain facility, which was exercised on April 1; a purchase agreement with AES was signed April 30. Closing is expected in July 2015. All the facility's energy output is sold through existing PPAs that extend through 2025.
The surprising reason why American manufacturing is getting greener.
Panda Power Funds entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000-MW natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. The 30 acre Panda Hummel Station” power facility will occupy part of the 192 acre Keystone Opportunity Expansion Zone at the site of the recently retired Sunbury coal-fired power plant. The plant is expected to enter commercial operation in the second half of 2017.
The state is diverging from the national trend.
EPA’s rule said to favor repurposing and recycling – over landfills or disposal ponds.
Starwood Energy Group Global, a private investment firm focused on energy infrastructure, announced that an affiliate has entered into an agreement with Lakeside Energy to acquire Lakeside Generation, a 369-MW portfolio of three natural gas facilities, one located in Pennsylvania and two in New York. The portfolio consists of Hazleton, a 158-MW peaking facility in Pennsylvania; Syracuse, a 103-MW combined cycle facility in New York; and Beaver Falls, a 108-MW cogeneration combined cycle facility in New York.