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Alliant Wraps Purchase of Coal Plant Stake
Alliant Energy has closed on its acquisition of a $38 million, 25% stake in Wisconsin Electric Corp.’s 380 MW Edgewater 5 coal-fired plant. Alliant paid around $400/kW.
March 03, 2011
Ohio Utilities Behind On Solar Requirements
FirstEnergy and American Electric Power fell below the solar generation requirements under Ohio’s renewable portfolio standard.
March 03, 2011
PPL Snags GBP3.6 Loan For U.K. Purchase
Bank of America and Credit Suisse are planning to bring additional lenders in on PPL’s GBP3.6 billion ($5.9 billion) bridge loan that will finance its acquisition of E.ON’s U.K. power grid.
March 03, 2011
AltaLink Plots Alberta Transmission
AltaLink has filed a proposal to build a C$1.4 billion ($1.44 billion), 218-mile transmission line between Edmonton and Calgary.
March 03, 2011
AES Puts N.Y. Coal Portfolio On Block
AES is looking to divest four coal-fired plants totaling 1.169 GW under subsidiary Eastern Energy in upstate New York.
March 02, 2011
Iberdrola To Slash New Investments
Iberdrola Renovables expects to cut investment in new capacity, from 1.45 GW anticipated this year to an estimated 750 MW in 2012.
March 02, 2011
Icahn Eyes Two Dynegy Seats
Carl Icahn, the billionaire investor, wants two seats on Dynegy’s board in the aftermath of his failed $665 million bid for the independent power producer.
March 02, 2011
PPL Scoops E.ON’s U.K. Grid
PPL Corp. has bought E.ON’s Central Networks grid in the U.K. for $5.6 billion.
March 02, 2011
BLM Solar Plan Divides Environmentalists
Environmental groups are divided over the U.S. Bureau of Land Management’s plans to make 4.48 million acres available for solar projects.
March 02, 2011
Consortium Bids For Mich. Solar And Wind
New Generation Power Michigan, a consortium of renewables companies and a youth residential treatment center, has bid a proposed $650-700 million, 200 MW solar and wind farm into a Detroit Edison request for proposals.
March 02, 2011
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