More Power Industry Financial News

Video: SunEdison to bring power to 20Mn people by 2020

02/27/2015

SunEdison, Inc. (NYSE: SUNE) announced plans to bring electricity to 20 million people in underserved communities around the world.

02/25 Henry Hub Average Natural Gas Spot Prices

02/26/2015

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).

GDF Suez wants Areva to deliver nuclear reactors, wind turbines

02/26/2015

GDF Suez says it received guarantees from Areva for planned nuclear reactors in Turkey and wind turbines in France.

CB&I: We’re not liable for $247mn nuclear power project penalties

02/26/2015

Chicago Bridge & Iron (CB&I, NYSE: CBI) say they should not be liable for any of the $247 million in penalties that are due for delays at the Plant Vogtle nuclear project in Georgia.

Spanish company buying US utility serving northeast for $3B

02/26/2015

Spain's leading electricity and natural gas utility, Iberdrola, says it will buy the northeastern U.S. utility company UIL Holdings Corp. in a deal valued at about $3 billion.

Ohio utility regulators reject AEP plan for coal plants

02/26/2015

Ohio utility regulators have rejected an American Electric Power proposal to guarantee profitability from two of its aging coal plants.

Governors looking to expand renewable energy, natural gas

02/26/2015

The governors of Massachusetts, Connecticut and Rhode Island are joining forces to look for ways to increase the region's reliance on renewable energy sources while also expanding natural gas capacity.

Gas, solar, wind generation will dominate in the future

02/26/2015

Of the planned or under construction generation projects tracked by GenerationHub for the period between 2015 and 2017, 95% of the projects, which total 135.3 GW, are either natural gas, solar or wind facilities, Kent Knutson, director of Hub Services for PennWell, said on Feb. 19.

First two units at El Paso power plant due for completion by March 31

02/26/2015

El Paso Electric (NYSE:EE) said in a Feb. 25 earnings report that it is nearing completion of the first two 88-MW units at the gas-fired Montana power plant in Texas.

Mayors: Closure of Illinois nuclear plants would hurt cities

02/25/2015

Mayors of six Illinois communities are warning of potential economic consequences if three nuclear power plants close in their areas.

Construction of Belarusian nuclear power plants on schedule

02/25/2015

The construction of two units at a Belarusian nuclear power plant is on schedule.

First Solar, SunPower to form joint yieldco

02/25/2015

First Solar Inc. and SunPower Corp., have announced plans to form a joint yieldco that will own and operate some of their renewable-energy projects.

E.ON, NEC invests $8Mn in Space-Time Insight

02/25/2015

E.ON SE and NEC Corporation led an $8 million investment into Space‐Time Insight, a provider of situational intelligence solutions.

EU investigates GE, Alstom $17B acquisition

02/24/2015

The European Commission is conducting an in-depth investigation on whether GE's (NYSE: GE) proposed acquisition of Alstom SA’s Thermal Power, Renewable Power & Grid businesses will cause large gas turbines costs to rise.

Areva expects $5.6bn loss for 2014

02/24/2015

France’s Areva announced that it expects to end 2014 with a net loss of about 4.9 billion euros, or $5.6 billion.

US charges Duke with illegal pollution from 5 coal ash dumps

02/23/2015

Federal prosecutors filed multiple criminal charges against Duke Energy on Friday over years of illegal pollution leaking from coal ash dumps at five North Carolina power plants.

Capital Power has gas and wind projects due for operation this year

02/23/2015

The in-construction gas-fired Shepard Energy Centre and the K2 Wind project are both expected to commence commercial operations in 2015 and to have a positive impact on earnings and funds from operations, said Capital Power Corp. (TSX:CPX) in a Feb. 23 earnings statement.

DCO Energy to provide EPC services for biomass renewable energy plant

02/23/2015

DCO Energy will provide engineering, procurement and construction (EPC) services for, and hold an ownership stake in, a new biomass facility.



Waste-to-energy facility plant goes to auction in March

02/23/2015

The waste-to-energy incineration plant in Claremont, New Hampshire will go to auction on March 27.

EDF will miss nuclear power plant financing deadline

02/23/2015

EDF Energy says it will miss a financing deadline for construction of a new nuclear reactor at the Hinkley Point plant in the UK.