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  • Hydro Quebec Ups Notes For Capex
    Hydro Quebec will increase its medium-term note program to CAD$20 billion ($18.8 billion) from CAD$16 billion to fund partially its CAD$25 billion capital expenditure program over the next four years.
    January 28, 2010
  • FBR Adds M&A Banker
    Peter Marquis has joined boutique investment bank FBR Capital Markets as managing director of power & utilities.
    January 28, 2010
  • FERC Okays RPL Plant Sale
    The U.S. Federal Energy Regulatory Commission has approved Morris Energy Group’s purchase of RPL Holdings 85 MW combined gas and coal-fired plant in Massena, N.Y., for an undisclosed amount.
    January 28, 2010
  • JPM, RBS Sempra Hook Up Seen As Complementary
    If JPMorgan succeeds in its $4 billion bid to buy RBS Sempra Commodities, staffers think there won’t be a huge amount of overlap.
    January 28, 2010
  • GDF Closes Deal For Gas Fields
    GDF Suez has signed a deal to purchase a 60% stake in three offshore gas fields in Australia for $200 million from Australian oil and gas company Santos.
    January 28, 2010
  • TEPCO Weighs Taking NRG Nuke Stake
    Japanese company Tokyo Electric Power is considering buying a stake in NRG Energy’s $10 billion nuclear project in southern Texas.
    January 28, 2010
  • Calif. Munis To Use Energy Storage
    The Southern California Public Power Authority, which represents 11 municipal utilities, says members plan to install Ice Energy’s energy storage devices.
    January 28, 2010
  • Businesses, Groups Call For Emissions Legislation
    More than 80 businesses, including DTE Energy, and environmental groups are pushing for congressional action on emissions legislation.
    January 28, 2010
  • Hedge Fund Principal Muscles Against Xcel Transmission
    Louis Bacon, manager of hedge fund Moore Capital Partners, is opposing Xcel Energy’s proposed Southern Colorado Transmission Line project.
    January 28, 2010
  • AEP Sees Higher Earnings On Increasing Rates
    American Electric Power’s fourth quarter posted earnings of $238 million, up from $152 million last year, as higher power rates offset lower sales and storm-related expenses.
    January 28, 2010
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