FPL Group and Constellation Energy have agreed to merge as Constellation Energy, which, with a total generating capacity of 45,000 MW, would be the largest electric power supplier in the United States. The merger would create the nation’s second largest electric utility with assets totaling $57 billion.
Babcock Power Services has acquired the assets of welding firm Cladding Technology, which specializes in the Hardsurfacing welding overlay process whereby hard metals are applied to surfaces subject to highly destructive wear such as pulverizer roll wheels and table segments.
Mirant, which has emerged from Chapter 11 bankruptcy, has received approval from the U.S. Bankruptcy Court in the Northern District of Texas to sell its 285 MW combined-cycle Mint Farm power plant in Longview, Wash. to Wayzata Investment Partners.
Peabody Energy has acquired more than 100 million tons of high Btu coal reserves and associated mining facilities from Alcoa Fuels in Union and Webster counties, Kentucky.
Wärtsilä has signed an agreement to acquire the assets of New Orleans-based Gerhardt Holding Co., which specializes in servicing control and automation equipment for gas and diesel engines and steam turbines.
Atlantic Plant Services, which provides scaffolding services to the power sector, has acquired Insulco, which provides insulation materials along with their installation, removal and replacement, as well as coatings and environmental services.