Wisconsin Energy completed the acquisition of Integrys Energy - forming the WEC Energy Group. The new company will provide electricity and natural gas to 4.4 million customers across four states through its customer facing brands - We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, and Minnesota Energy Resources.
Wisconsin Energy and Integrys Energy Group entered into a definitive agreement under which Wisconsin Energy will acquire Integrys in a transaction valued at $9.1 billion.
We Energies and Wolverine Power Cooperative decided to end their joint venture at the Presque Isle Power Plant. The joint venture would have resulted in joint ownership of the plant by We Energies and Wolverine along with the installation of state-of-the-art emission controls.
How customer satisfaction drives returns on equity for regulated electric utilities.
Data and experience show that serving customers well translates into better rate case outcomes. Conversely, poor performance starts a downward slide. J.D. Power and Associates research shows the correlation between customer service and financial returns.
A challenging year brings a change in the rankings.
Technology and regulation changes the outlook for garbage burners.
Notwithstanding some past difficulties, trash-fired power plants represent an increasingly attractive opportunity for future clean generation investment. Waste fuel offers a green source of baseload power that’s competitive with fossil fuels. The technology is proven and mature, and it enjoys public policy support. Additionally, waste fuel will help utilities meet diversity goals and environmental mandates.
Allegheny Energy announced the election of two vice presidents. , vice president for corporate development, became vice president of Allegheny Energy Inc. , deputy general counsel, became a vice president of Allegheny Energy Service Corp. Dailey joined the company in 1991, and Burke joined in 1999.