St. Louis-based Ameren has agreed to buy Illinois Power Co. from Houston-based Dynegy for $500 million. Dynegy’s attempt to sell the utility to Chicago-based Exelon fell through late last year.
TECO Energy will turn over ownership of power plants in Arizona and Arkansas to bank lenders. The two plants — a 2,145 MW combined-cycle facility outside Gila Bend, Arizona, and a 2,200 MW combined-cycle facility outside El Dorado, Arkansas — will remain in operation, managed by TECO-Panda Generating Co. LP.
Catalytica Energy Systems has entered into a definitive agreement to acquire SCR-Tech LLC, a company that provides SCR catalyst regeneration technologies and management services for SCR systems.
Westinghouse will acquire a controlling 80 percent interest in PaR Systems’ Nuclear Equipment and Services Group, provider of new equipment, upgrades and maintenance services for refueling systems and reactor containment and spent fuel building cranes. The merger will enable Westinghouse to strengthen its position in both fuel and materials handling.
Private equity firm Lightyear Capital LLC has acquired Ripon Cogeneration Inc. from Tractebel Power Inc. Ripon Cogeneration owns and operates the 47 MW gas-fired Ripon facility in San Joaquin county, Calif., and the 41 MW gas-fired San Gabriel facility in Pomona.
Israeli energy company Ormat Industries has acquired ownership rights for the Steamboat 2 and Steamboat 3 geothermal power plants in Nevada for $55 million.
Brackett Green USA, provider of mechanical water filtration technology, has announced a merger with its subsidiary company, formerly Milwaukee-based Brackett Green WSA, which specializes in debris filters and automatic tube cleaning systems.
Doble Engineering Co. has completed the acquisition of TransiNor As, a provider of diagnostic monitoring systems and services headquartered in Trondheim, Norway.
AstroPower Inc., which has filed a petition for Chapter 11 bankruptcy, has reached an agreement to sell some of its U.S. business assets to GE Energy.
Xcel has announced that it will sell its Cheyenne Light, Fuel and Power subsidiary to Black Hills Corp. in a deal expected to close by the end of the year.
El Paso Corp. has agreed to sell three power plants and stakes in 22 others to Northern Star Generation, a subsidiary of AIG Global Investment Group.
High performance, high speed motor and generator concern Calnetix has acquired carbon fiber winding technology from Xymid.
Aquila and FirstEnergy have completed the sale of U.K. utility Midlands Electricity to Germany’s E.ON AG.