Avista, Hydro One reach settlement in Washington over $5.26B merger
Avista Corp. and Hydro One Ltd. announced a settlement in principle with concerned parties, including the Washington Utilities and Transportation Commission staff, over the companies' proposed merger.
Sempra employed 'passive approach' to tackle Texas, win prized Oncor utility
It took Sempra Energy less than seven months but numerous concessions to complete the complex purchase of a prized Texas utility, Energy Future Holdings Corp., that slipped through the hands of other large-cap suitors.
SC senator says NextEra's unofficial pitch for Santee Cooper falls short
At least one South Carolina senator believes lawmakers should not decide the fate of Dominion Energy Inc.'s offer to buy SCANA Corp. but should do what is best for ratepayers when evaluating pitches for state-owned utility Santee Cooper.
AES completes sale of 51% stake in Philippine subsidiary for $1.05B
AES Corp. said March 20 that it completed the sale of a 51% equity interest in its Philippines subsidiary Masin-AES Pte. Ltd. to SMC Global Power Holdings Corp. for $1.05 billion.
Southern Colorado communities look for alternatives to Black Hills Energy
Black Hills Energy has turned down an offer of two electric associations to buy its assets in southern Colorado. Meanwhile, neighboring Pueblo, Colo., is in the early stages of exploring whether to form its own municipal utility to replace Black Hills' service, and those plans could involve the associations.
Algonquin Power completes transfer of stake in 2 solar farms
Algonquin Power & Utilities Corp. has transferred an indirect controlling stake in 280-MW Solana facility in Maricopa, Ariz., and the 280-MW Mojave facility in San Bernardino, Calif., to its recently completed joint venture with Abengoa SA.
GenOn seeks FERC approval to sell 800-MW Pa. gas-fired facility
NRG Energy Inc. subsidiary GenOn Energy Inc.'s proposed sale of an 800-MW Hunterstown CC combined-cycle, gas-fired facility in Adams County, Pa., to private-equity firm Platinum Equity Advisors LLC is now awaiting approval from the Federal Energy Regulatory Commission.
Ridgewood Infrastructure selling managed stake in Neptune HVDC line
Ridgewood Infrastructure LLC is selling its managed interest in the 660-MW Neptune Regional Transmission System connecting New Jersey and Long Island. Details of the transaction were not disclosed.
TerraForm Power registers $400M common shares to acquire Spanish firm
Brookfield Asset Management Inc. sponsored TerraForm Power Inc. on March 19 issued a registration statement for $400 million in class A common shares to fund the acquisition of shares of Saeta Yield SA in a voluntary tender offer and for general corporate purposes.
Ontario Power Generation sells site of retired Lakeview facility for C$275M
Ontario Power Generation Inc. has sold the site of its retired Lakeview coal-fired generating station in Mississauga to Lakeview Community Partners Ltd. for about C$275 million.
Shell closes purchase of stake in Silicon Ranch for $217M
Silicon Ranch Corp has completed the sale of an approximately 43.84% ownership interest in the company to a subsidiary of Royal Dutch Shell PLC for up to $217 million in cash.
SMUD to acquire additional unit of 228-MW Calif. wind farm
Sacramento Municipal Utility District filed a request with the Federal Energy Regulatory Commission to approve the purchase of unit 3 of the 228-MW Solano wind farm in Solano County, Calif., by April 19.
BayWa to buy 70% stake in 2-GW solar project pipeline in Netherlands
Munich-headquartered BayWa AG marked its entry into the Netherlands solar market with the purchase of a 70% stake in a 2-GW solar project pipeline from the Netherlands-based developer and operator of solar parks GroenLeven Group.
Spark Energy asks FERC to approve purchase of retail energy supplier HIKO
Spark Energy Inc. has filed an application with the Federal Energy Regulatory Commission to approve the purchase of retail energy supplier Hiko Energy.
NJR Clean Energy to sell 9.7-MW Mont. wind farm to NorthWestern
New Jersey Resources Corp. subsidiary NJR Clean Energy Ventures is planning to sell its 9.72-MW Two Dot wind farm in Wheatland County, Mont., to NorthWestern Corp. unit NorthWestern Energy Division for $18.5 million.
FERC clears GridLiance's purchase of Mo. town's transmission assets
GridLiance Holdco won the approval of the FERC to acquire about 10 miles of transmission lines and related facilities from the city of Nixa, Mo., for about $10 million in cash.
Duke Energy completes sale of passive stake in NY solar facility
Duke Energy Renewables Solar completed the sale of a noncontrolling passive interest in the 24.9-MW Shoreham solar facility in Suffolk County, N.Y., to BAL Investment & Advisory Inc.
Innogy acquires 23-MW wind project in Italy
The Essen, Germany-based Innogy SE announced it acquired the 23-MW Deliceto wind project in the Apulia region of Italy from Italian developer Imprese e Sviluppo.