Avista reaffirms commitment to acquisition by Hydro One
Avista Corp. reaffirmed its commitment to its pending acquisition by Hydro One Ltd., despite regulatory delays caused by the Ontario government's shakeup of the Canadian utility's management.
Bankruptcy court denies NextEra's $60M claim in failed Oncor deal
NextEra Energy Inc. is not entitled to a $60 million administrative claim for the fees and expenses incurred in its failed acquisition of Energy Future Holdings Corp. and its prized Texas utility, a bankruptcy judge ruled.
Nuclear plant sales continue Entergy's transition to full regulation
Entergy Corp.'s plan to sell two nuclear power plants brings the company closer to a complete divestiture of its unregulated nuclear facilities as it transitions to a pure-play utility model.
Dominion says it is nearing announcement on asset sales
Dominion Energy Inc. expects to make an announcement in the next few months on the sale of noncore assets, which could include the 1,320-MW Fairless Works Energy Center and 510-MW Manchester Street gas-fired power plants.
Vectren CEO says acquisition by CenterPoint on schedule
CenterPoint Energy Inc.'s proposed acquisition of Vectren Corp. should still close no later than the first quarter of 2019, Vectren Chairman, President and CEO Carl Chapman said Aug. 2.
Innergex to buy TransCanada's stake in 5 Quebec wind farms for C$630M
Innergex Renewable Energy Inc. signed an agreement to become the sole owner of five wind farms totaling 590 MW in Quebec by acquiring TransCanada Corp.'s 365.5-MW stake for C$630 million.
Vistra eyes further share buybacks, retail acquisitions
Vistra Energy Corp.'s CEO said Aug. 6 that his company could buy back more stock ahead of what would be Vistra's first-ever dividend payout.
EDF Renewables selling 50% stake in 332-MW wind, solar projects
EDF Renewables agreed to sell a 50% ownership interest in two renewable projects, totaling 332 MW, to PGGM Infrastructure Fund. Financial terms of the transaction were not disclosed.
SJW Group ups offer for Connecticut Water to $70 per share in an all-cash bid
SJW Group and Connecticut Water Service Inc. amended their merger agreement to an all-cash deal from a stock-swap transaction, raising SJW's offer price to $70 per common share of Connecticut Water.
Covanta closes sale of 50% stake in Wash. hydro facility to Atlantic Power
Covanta Holding Corp. on Aug. 1 said it closed the sale of its 50% stake in the 13-MW Koma Kulshan hydroelectric facility to Atlantic Power Corp. for $12 million in cash.
FirstEnergy Generation completes sale of 152-MW Ohio plant
FirstEnergy Generation on July 31 closed the sale of its Bay Shore facility in Lucas County, Ohio, to Walleye Energy LLC, according to an Aug. 7 notice of completion.
Canadian pension fund increases ownership in Invenergy Renewables
Caisse de dépôt et placement du Québec on July 30 increased its economic ownership in Invenergy Renewables LLC, according to an Aug. 6 notice of consummation.
Enphase to acquire SunPower microinverter business
The proposed acquisition of SunPower Corp.'s microinverter business by Enphase Energy Inc. is expected to be completed by the end of the third quarter, but Kothandaraman is optimistic the deal may close sooner.
FERC approves NextEra's internal ownership transfer deal for ND wind farm
The Federal Energy Regulatory Commission approved NextEra Energy Inc.'s request to transfer the ownership of the Langdon wind farm in Cavalier County, N.D., to Langdon Renewables LLC.
NextEra seeks FERC approval to lease Fla. power plant
NextEra Energy asked FERC to approve a lease agreement for a Florida power plant as part of its acquisition of Southern Co. assets in Florida.
NextEra unit wins FERC approval to sell, lease back Ark. solar project
FERC has approved NextEra Energy Resources LLC's request to transfer its ownership stake in the 81-MW Stuttgart solar project to Arkansas County, Ark., and then lease the facility back to the company.