Deloitte survey shows energy habits changing

August 1, 2012 16:02 by David Patterson in Energy  //  Tags:   //   Comments (0)
Christopher Kolomitz, euci.com | May 2012 “Researchers at the Deloitte Center for Energy Solutions say a new era of energy frugality is taking hold in the United States with businesses and residential consumers changing energy habits as a direct result of the recent economic downturn.”&... [More]

Wisconsin Power and Light Company exercises option to purchase Riverside Energy Center

August 1, 2012 15:57 by David Patterson in M&A  //  Tags: ,   //   Comments (0)
Wisconsin Power and Light (“WPL”) Press Release | May 18, 2012 WPL exercised its option to purchase the Riverside Energy Center from Calpine.  Riverside Energy Center is a 600MW combined cycle natural gas-fired electric generating facility, which began operation in 2004.  The ... [More]

Southern Maryland Electric Cooperative

August 1, 2012 15:49 by David Patterson in Cooperatives, Energy  //  Tags:   //   Comments (0)
Meghan Russell, The Washington Post | May 2, 2012 Southern Maryland Electric Cooperative is on the verge of breaking ground for the Calvert County portion of its Southern Maryland Reliability Project, which the co-op says is needed to ensure that power failures do not occur for the growing number o... [More]

EPA’s Proposed Carbon Rules Are Unlikely To Affect The Credit Quality Of Cooperative Or Public Power Utilities

August 1, 2012 14:48 by David Patterson in Cooperatives, Regulation  //  Tags:   //   Comments (0)
Standard & Poor's Press Release | March 28, 2012 “The U.S. Environmental Protection Agency's (EPA) proposal to place stringent limitations on carbon emissions from new power plants should not impair the credit quality of cooperative or public power electric utilities if it becomes a regul... [More]

Heartland’s Peak Savers Program

July 23, 2012 12:41 by Capital Advisors in Cooperatives  //  Tags:   //   Comments (0)
Heartland Rural Electric Cooperative Press Release | April 2012 “Heartland’s Peak Savers program is expanding in 2012, and will be offered to all members looking to save money by reducing electric use in their homes during peak alert days in July and August.” “Members who t... [More]

2011 Merger and Acquisition activity in the Electric, Gas, Water & Sanitary Services

July 23, 2012 12:29 by Capital Advisors in M&A  //  Tags: ,   //   Comments (0)
David Patterson | April 26, 2012 The total number of utility deals returned to a more normal level of 204 announcements in 2011, up from a low of 135 in 2009 (see Graph 1).  However, the 2011 total value of the deals, $22.9 billion, and the 2011 average value per deal, $112.3 million, have not... [More]

PPL Completes Purchase of 705 MW Natural Gas-Fired Power Plant

July 23, 2012 11:11 by Capital Advisors in M&A  //  Tags:   //   Comments (0)
PPL Corporation - April 13, 2012 PPL Corporation completed the previously announced acquisition of AES Ironwood combined cycle, natural gas-fired 705 MW power plant.  Total consideration was approximately $302 million or $428 / Kw.  The plant was placed in service during 2001.  Read ... [More]

Co-ops Alerted to IRS Form Change

July 23, 2012 11:10 by Capital Advisors in Accounting & Tax  //  Tags:   //   Comments (0)
Steven Johnson | Electric Co-op Today, April 10, 2012 Electric cooperatives are being advised to consult their tax professions on the changes to Form 990.  Read more...

Empire District Electric (“EDE”) Entered into a Private Placement Agreement for $88 million

July 23, 2012 11:08 by David Patterson in Financing  //  Tags:   //   Comments (0)
According to EDE's Form 8-K, "On April 2, 2012, The Empire District Electric Company (the “Company”) entered into a Bond Purchase Agreement, dated as of April 2, 2012, for a private placement of $88,000,000 aggregate principal amount of its 3.58% First Mortgage Bonds due 2027. The first ... [More]

Jackson EMC, Sawnee EMC and Southern Maryland Electric Cooperative to its 2012 list of “Customer Service Champions.”

July 23, 2012 10:59 by Capital Advisors in Cooperatives  //  Tags:   //   Comments (0)
Reuters - March 14, 2012 J.D. Power and Associates named Jackson EMC, Sawnee EMC and Southern Maryland Electric Cooperative to its 2012 list of “Customer Service Champions.”  Read more…

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