Corporate News: Page 145
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NextEra Energy putting new company on stock market
The firm plans to sell stock in a subsidiary company in the hope of attracting investment for its expanding renewables portfolio.
By Claire Cameron • June 26, 2014 -
Florida Power & Light seeks natural gas generation investment
The company is creating a new partnership with gas production company PetroQuest Energy, giving them a stake in up to 38 new gas wells to be built in Oklahoma.
By Claire Cameron • June 26, 2014 -
Explore the Trendline➔
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 -
Duke Energy to supply solar power to George Washington University, American University
Duke will build 52 MW of solar.
By Herman K. Trabish • June 25, 2014 -
Wisconsin Energy to buy Integrys for $5.7B
The agreement marks the second-biggest utility deal so far this year.
By Herman K. Trabish • June 24, 2014 -
GE wins Alstom bidding war over Siemens
The $17 billion deal is the largest in General Electric history.
By Herman K. Trabish • June 24, 2014 -
Google's Nest buys Dropcam for $555M
The company is buying the home security firm smart in a bid to grow its foothold in the growing smart home market.
By Claire Cameron • June 24, 2014 -
Omaha power district to retire, retrofit coal units
Energy efficiency and demand response programs are expected to meet the lost 300 MW of capacity.
By Herman K. Trabish • June 24, 2014 -
Report: Traditional utilities more reliable than competitive markets
A new report finds serious resource adequacy issues in competitive markets.
By Claire Cameron • June 23, 2014 -
Southern CEO: Grid security fearmongers 'don't know what they're talking about'
As opposed to the dire predictions made by leaked reports in the Wall Street Journal, Tom Fanning believes the industry is in good shape to deal with security threats.
By Claire Cameron • June 23, 2014 -
Did Duke Energy ignore warnings ahead of the Dan River coal ash spill?
Engineers warned the utility nearly 30 years ago.
By Herman K. Trabish • June 23, 2014 -
Candidates suspect APS influence in election for Arizona utility regulators
The candidates have asked Arizona Public Service to confirm or deny the allegations.
By Herman K. Trabish • June 23, 2014 -
Rocky Mountain Power to buy 320 MW of solar
Rocky Mountain Power boosts renewables portfolio in Idaho and Utah after striking new deals with FirstWind.
By Claire Cameron • June 22, 2014 -
PG&E to spend $100M to harden substations against attacks
The armed attack on PG&E's Metcalf substation has brought grid security back into the national spotlight.
By Herman K. Trabish • June 20, 2014 -
Duke Energy is top utility for women
Duke and Sempra Energy made the top five of Ernst & Young's rankings of power companies for gender diversity.
By Herman K. Trabish • June 20, 2014 -
Louisiana utility Cleco for sale
A Canadian infrastructure firm's unexpected bid has led Cleco Corp. to put itself up for sale for the second time in two years.
By Claire Cameron • June 20, 2014 -
AES sells part of solar portfolio to SunEdison for up to $207 million
SunEdison will own 50% of 336 MW of solar.
By Herman K. Trabish • June 19, 2014 -
Report: 50% of U.S. homebuilders to offer rooftop solar for single-family homes by 2016
Solar is becoming an increasingly standard offering for homebuilders.
By Claire Cameron • June 19, 2014 -
Decisions loom on aging U.S. coal plant fleet
With environmental regulations looming large, utilities must decide what to do with their oldest, most inefficient coal plants.
By Herman K. Trabish • June 18, 2014 -
San Francisco proposes competing with PG&E for electricity customers
The city Board of Supervisors has proposed selling hydropower from the Hetch Hetchy reservoir to customers.
By Herman K. Trabish • June 18, 2014 -
SolarCity buys Silevo to become 4th U.S. vertically integrated solar giant
The acquisition will assure adequate module supply as the company expands installation capacity to “tens of gigawatts per year” through the next ten years.
By Herman K. Trabish • June 18, 2014 -
Public power chief eyes 'substantial challenges' ahead
At the American Public Power Association's annual meeting, CEO Sue Kelly criticized the EPA and warned of significant challenges ahead for public utilities.
By Claire Cameron • June 18, 2014 -
Reliant launches all-you-can-use electricity plan
Texas customers will be able to enroll in Reliant's unlimited electricity contract with monthly flat fees calculated according to customer needs.
By Claire Cameron • June 18, 2014 -
MISO may double number of power plants pulled out of retirement
In an effort to maintain grid reliability, MISO expects to continue ordering power plants to keep operating even when they are inefficient and unprofitable.
By Claire Cameron • June 16, 2014 -
Xcel to invest $557M in transmission in Texas, New Mexico
New high-voltage power lines are coming to meet growing demand in the Southwest.
By Claire Cameron • June 16, 2014 -
ACEEE: 10% electric sales decline won't cause utility death spiral
Though mass customer defections are unlikely, new revenue sources are needed to sustain the profitability of electric utilities, according to a new report.
By Claire Cameron • June 16, 2014