Corporate News: Page 91
-
Texas PUC approves Hunt-Oncor acquisition, but questions linger
It could take up to a year for the restructuring plan’s full implications to become clear.
By Robert Walton • March 28, 2016 -
Deep Dive
How utility collaboration can cut community solar costs up to 40%
A new brief from the Rocky Mountain Institute reveals lessons from its field work in supporting shared solar development.
By Herman K. Trabish • March 28, 2016 -
Explore the Trendline➔
Joe Raedle via Getty ImagesTrendlineTop 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 -
Puerto Rico utility gains more time to submit draft rate petition
A new securitization charge is the first step for the Puerto Rico utility to start restructuring its nearly $9 billion debt load.
By Herman K. Trabish • March 28, 2016 -
Federal agency considers 1st floating offshore wind project
Trident Winds, LLC submitted an unsolicited proposal to develop an 800 MW offshore floating wind project off Morro Bay, California.
By Herman K. Trabish • March 25, 2016 -
Deep Dive
How Maine’s power players are reacting to its pathbreaking new solar proposal
A landmark bill offers a plan that could be the next step beyond net energy metering if it gets past partisan Maine politics and doubts about untested ideas.
By Herman K. Trabish • March 24, 2016 -
TransCanada eyes sale of U.S. generation fleet to finance gas company takeover
The Canadian company is working with JP Morgan to search out buyers for more than $7 billion in assets to help finance its acquisition of Columbia Pipeline Group.
By Krysti Shallenberger • March 24, 2016 -
Moody’s: Higher debt could offset benefits of electric-gas mergers
The financial benefits of electric utilities diversifying into gas companies has brought extra risk associated with higher levels of debt, said Moody’s Investor Services.
By Robert Walton • March 24, 2016 -
California regulators approve $12B merger of Southern Co., AGL Resources
The $12 billion deal, announced last year, would combine 11 regulated electric and natural gas distribution companies providing service to approximately 9 million customers.
By Robert Walton • March 24, 2016 -
Sunrun, TASC fight to keep net metering in Maine
Plan to replace net metering threatens some installers but the difference to customers is small
By Herman K. Trabish • March 24, 2016 -
Concerns over Oncor sale mount ahead of hearing this week
A proposed order would approve the deal, but also delay for two years decisions on how to address a tax windfall generated by the utility’s restructuring.
By Robert Walton • March 23, 2016 -
Constellation partners with Sunrun on residential solar option
Constellation’s program with Sunrun will be offered to residential customers in Massachusetts, Maryland, New Jersey and New York.
By Herman K. Trabish • March 23, 2016 -
Arizona Dems call on GOP utility regulator to resign over SolarCity conflict
Two Democrats vying for seats on the Corporation Commission say lawmakers are trying to rewrite the rules for a GOP appointee.
By Herman K. Trabish • March 22, 2016 -
Ivanpah CSP facility nabs more time to ramp up output, avoid default
The California Public Utilities Commission granted forbearance agreements to the owners of the world’s largest concentrating solar facility to avoid defaulting on power pruchase agreements with Pacific Gas and Electric after under-delivering electricity.
By Herman K. Trabish • March 18, 2016 -
Report: US generators face $2B in lost revenues from rooftop solar
As more homes install rooftop solar, a report from ICF International finds that grid operators plan to cut the amount of conventional generation they purchase starting in 2019.
By Herman K. Trabish • March 17, 2016 -
Analysis: HECO, Pepco and Cleco deals likely to collapse, but M&A trend still strong
The sector is still ripe for consolidation, but companies may be underestimating the regulatory hurdles and resistence to some acquisitions.
By Robert Walton • March 16, 2016 -
Study: US offshore wind farms costs could drop 55% in 13 years
If wind developers commit to building 2,000 MW of new capacity, economies of scale will drive prices down 55% over 13 years, according to a new study.
By Herman K. Trabish • March 16, 2016 -
Cleco requests rehearing for investors’ failed $4.9B bid to buy utility
The utility says it was not allowed to sufficiently rebut protestors’ claims during a hearing on the deal.
By Robert Walton • March 15, 2016 -
Westar Energy to mull ‘strategic options,’ including potential sale
The largest utility in Kansas is said to be considering its options, including a potential sale of the company.
By Robert Walton • March 14, 2016 -
Duke Energy appeals $6.6M fine for Dan River coal ash spill
Duke Energy said the fine, issued by the North Carolina Department of Environmental Quality, was unfair in light of the other actions the utility has taken to address the Dan River coal ash accident that dumped more than 30,000 tons of the toxic waste into the nearby river in 2014.
By Herman K. Trabish • March 11, 2016 -
Deep Dive
Dueling studies draw battle lines for next Arizona utility-solar showdown
Studies commissioned by APS and TASC have hugely different approaches to solar valuation, but share an important piece of common ground.
By Herman K. Trabish • March 10, 2016 -
SDG&E issues call for 140 MW of renewables, DERs, demand-side resources
The utility has issued an RFO for storage, renewables, distributed generation, energy efficiency and demand response resources to comply with CPUC procurement targets.
By Herman K. Trabish • March 9, 2016 -
Vivint Solar pulls the plug on the $1.82B SunEdison merger deal
The rooftop solar developer said SunEdison struggled to meet its obligations under the merger agreement.
By Krysti Shallenberger • March 8, 2016 -
Deep Dive
Clean coalition: How utilities and greens teamed up to pass Oregon’s 50% RPS
A unique combination of threat and opportunity brought Oregon’s investor-owned utilities to the negotiating table, but not everyone is pleased with the results.
By Herman K. Trabish • March 7, 2016 -
New York independent energy providers snare temporary stay of new rules
Energy service companies convinced a judge to delay implementation of new restrictions on their businesses as the state looks to clamp down on reports of rampant overcharging.
By Robert Walton • March 7, 2016 -
Dominion to expand natural gas reach with $4.4B Questar deal
The companies filed merger applications with Wyoming and Utah regulators, while also provided notice of the proposed $4.4 billion deal to the Idaho Public Utilities Commission.
By Robert Walton • March 7, 2016