Corporate News: Page 111
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Ameren scraps plans for new Missouri nuke
The company said long-term demand forecasts and the declining cost of alternative generation were partially behind the decision.
By Robert Walton • Aug. 4, 2015 -
12 co-ops complete 'unprecedented' purchase of Alliant distribution assets
In a deal being touted for its size, a group of cooperatives in Minnesota has purchased Alliant's assets, expanding their membership by about 43,000 customers.
By Robert Walton • Aug. 4, 2015 -
Explore the Trendlineâž”
Brandon Bell via Getty Images
TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
With $1M given, NextEra among largest donors to Jeb Bush Super PAC
The national power producer exercises its free speech granted by Citizens United decision.
By Herman K. Trabish • Aug. 4, 2015 -
Arizona utilities set to meet 2016 renewables mandates with solar
Tucson Electric, meanwhile, has asked state regulators to define community shared solar as distributed generation.
By Herman K. Trabish • Aug. 4, 2015 -
Xcel: Utility-scale solar will continue to be primary focus
Rooftop and community solar require significant subsidization, according to Xcel Energy CEO Ben Fowke.
By Robert Walton • Aug. 3, 2015 -
TECO Energy reports strong earnings, but no news on its sale
Company officials were tight-lipped during the second quarter earnings call, but were happy to reveal earnings of almost $62 million.
By Robert Walton • Aug. 3, 2015 -
Arizona readies consumer protections for solar leasing as installers protest
The new rules reinforce disclosures, guarantees and contract limits in existing law.
By Herman K. Trabish • Aug. 3, 2015 -
'Tipping point' for FL solar? Orlando utility buys at under fossil generation prices
The new 13 MW solar array could represent a new chapter for solar in the sunshine state, backers hope.
By Herman K. Trabish • Aug. 3, 2015 -
Moody's: Hunt plan to take over Oncor carries risk for shareholders
Hunt Consolidated wants to purchase Oncor and place it in a real estate trust, which the credit agency warned could create regulatory issues and risks for investors.
By Robert Walton • Aug. 3, 2015 -
Eversource Energy earnings rise more than 60%
Strong results from the company's utility segments helped grow earnings for thre largest distribution company in New England.
By Robert Walton • Aug. 3, 2015 -
With San Bruno behind it, PG&E earnings rise on rate case
The utility reported non-GAAP earnings from operations of $442 million, up from $324 million in last year's second quarter.
By Robert Walton • July 31, 2015 -
Key Tres Amigas partners pull out, leaving national interconnect in doubt
Xcel Energy subsidiary SPS is getting out of the project, leaving Tres Amigas without an Eastern link.
By Herman K. Trabish • July 31, 2015 -
Southern earnings rise, but wholesale sales lag this year
Retail power sales were up this quarter, but overall sales for the year are slightly lower.
By Robert Walton • July 30, 2015 -
Exelon Q2 earnings beat estimates; revenue rises but misses street expectations
Earnings reflected the Department of Energy canceling spent nuclear fuel disposal fees and the completion of the Integrys acquisition.
By Robert Walton • July 30, 2015 -
ConEd will enter NY rooftop solar market through unregulated subsidiary
ConEdison Solutions’ third party owned product will use SunPower modules and be available at no upfront cost to the consumer.
By Herman K. Trabish • July 30, 2015 -
As Berkshire signs Obama climate pledge, subsidiary MidAmerican targets 57% wind in Iowa
Regulatory approvals would take the Buffett-owned utility to 4,000 MW of wind.
By Herman K. Trabish • July 29, 2015 -
Edison Int'l seeks $7.57B in damagers from Mitsubishi for San Onofre closure
Mitsubishi, on the contrary, has told an international arbitrator that its liability is $137 million.
By Herman K. Trabish • July 29, 2015 -
DTE reports earnings, says efficiency advances will keep load flat over next few years
The utility said energy efficiency is growing quickly on its system and will be a key strategy to meeting Clean Power Plan mandates.
By Robert Walton • July 28, 2015 -
NRG Energy moves into community shared solar
With the debut of a new project in Massachusetts, NRG becomes community shared solar's first vertically integrated developer.
By Herman K. Trabish • July 28, 2015 -
First U.S. offshore wind project gets steel in the water
The start of construction for Deepwater Wind’s 30 MW Block Island facility is a landmark for an industry that's long lagged behind its European counterparts.
By Herman K. Trabish • July 28, 2015 -
In new twist, Hunt Consolidated now in the lead to acquire Oncor
It now appears that Hunt Consolidated has momentum amongst a group of companies looking to acquire the largest utility in Texas.
By Robert Walton • July 27, 2015 -
Deep Dive
What's next for the NextEra-Hawaiian Electric deal?
Stakeholders say NextEra 'needs a hearing aid,' not another lobbyist.
By Herman K. Trabish • July 26, 2015 -
Puerto Rico's ailing utility PREPA rejects debt restructuring plan
The Puerto Rico Electric Power Authority says a proposal to help it deal with more than $8 billion in debt is unfair and places too much risk on customers.
By Robert Walton • July 24, 2015 -
Strong earnings from AEP: Gas drilling industry fueling power sales
The generator saw load growth among all customer segments, though the industrial segment is moderating.
By Robert Walton • July 24, 2015 -
Hawaii regulators pushed to consider co-op as alternative to HECO merger
The filing marks the first time regulators have formally been asked to consider a co-op as an alternative to the sale of Hawaii's dominant electric provider.
By Herman K. Trabish • July 24, 2015