A Solar & Natural Gas Partnership?

December 5, 2013 14:05 by Bill Conway in Cooperatives, Energy, Regulation, Renewables, Utilities  //  Tags: , ,   //   Comments (0)
A Solar & Natural Gas Partnership? [More]

Battery Storage = A Game Changer

January 24, 2013 14:28 by Bill Conway in Energy, Energy Efficiency  //  Tags: , , , ,   //   Comments (0)
The ability to store power in off-peak or low consumption periods in an efficient and cost effective manner could change the electric generation landscape. Battery storage can address the variability of renewable generation and how to more efficiently use renewable resources. [More]

Manufacturers: EPA regulations Will Severely Harm Economic Growth

Further regulations on manufacturers in a challenging economic environment will cause a ripple effect, having a negative effect on job creation and growth opportunities, in addition to the staggering cost of compliance.  To read more on the subject, click here.  

NRG Energy, Inc. Signed a $1.7 Billion Definitive Agreement to Acquire GenOn Energy, Inc.

August 27, 2012 16:09 by David Patterson in M&A  //  Tags: ,   //   Comments (0)
NRG Energy, Inc. ("NRG") signed a definitive agreement to acquire GenOn Energy, Inc. ("GenOn") on July 22, 2012.  According to the transaction, GenOn shareholders will receive 0.1216 of a share of NRG common stock in exchange for each GenOn share of common stock.  This represents a 20.6% premium to GenOn's shareholders over the July 20 closing share price. According to Capital IQ, the implied trailing twelve month EBITDA multiple for the transaction is 5.8x.  For additional information, please read 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 announced purchase price is $392 million or approximately $653 / Kw.  Read 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…

Regional Utilities Looking for New Electricity Market

July 19, 2012 08:37 by Capital Advisors in Energy  //  Tags: ,   //   Comments (0)
The Southwest Power Pool is looking to build a new marketplace for electricity in the region, giving customers access to the cheapest power available. However, creating centralized dispatch may be the most important aspect of the new market, allowing each utility to benefit from a broader selection of resources rather than being constrained in dispatching their own units in economic order.  Read more...    

Proposed Legislation on How Electric Coops Make Decisions

July 19, 2012 08:35 by Bill Conway in Cooperatives, Financing, Regulation  //  Tags: , , , ,   //   Comments (0)
The draft legislation including the disclosure of power demand / load and forecasting information at the distribution level and requiring a G&T to secure approval from two-thirds of its members prior to entering into debt or energy contracts seem to be in line with what a cooperatives board role should be, that of protecting the member’s interest.  Read more...    

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