Power

Report: NextEra floating proposal to acquire Santee Cooper

NextEra Energy Inc. is gauging the interest of South Carolina state lawmakers in a $15.9 billion proposal to acquire Santee Cooper.

SCANA began exploring sale months before VC Summer abandonment

SCANA Corp., now in the middle of a contentious acquisition proposal from Dominion Energy Inc., began exploring a sale several months before the abandonment of the V.C. Summer nuclear expansion.

Enbridge to off-load C$3B in assets; gathering, onshore renewables are on block

Enbridge Inc. plans to shed noncore assets it values at C$3 billion this year as the company pivots to a "pure pipeline utility model," CEO Al Monaco said.

FirstEnergy to deactivate, attempt to sell 1,300-MW W.Va. coal plant

FirstEnergy Corp. affiliate Allegheny Energy Supply Co. LLC on Feb. 16 announced that it will deactivate and look to sell the 1,300-MW coal-fired Pleasants power station in Willow Island, W.Va., on Jan. 1, 2019.

FERC approves Access Industries to expand rights in entity acquiring Calpine

Access Industries Inc. received approval from the Federal Energy Regulatory Commission on Feb. 16 to exercise an option to expand its governance rights in Volt Parent LP.

ENGIE buys wind developer Infinity Renewables

ENGIE North America Inc. has acquired wind energy developer Infinity Renewables LLC for an undisclosed price, underscoring the steady expansion of the French utility's U.S. low-carbon energy platform.

Mon Power wins FERC approval to become sole owner of Allegheny Generating

FERC has approved a transaction that will see Monongahela Power Co. become the sole owner of Allegheny Generating Co.

TransAlta Renewables to acquire 2 construction-ready wind projects

TransAlta Renewables Inc. has agreed to acquire two construction-ready wind projects totaling 119 MW, located in Pennsylvania and New Hampshire.

NorthWestern will not buy struggling Mont. coal plant

NorthWestern Corp. will not buy a coal-fired power plant that is facing the possibility of closure this year if a new owner is not found.

SunPower sells stake in Nev. solar project to New Energy Solar

SunPower Corp. has sold its 49% stake in the 100-MW Boulder Solar 1 in Nevada to New Energy Solar Ltd. for $55 million.

With too much supply, Texas co-op to sell ownership stake in La. facility

Northeast Texas Electric Cooperative Inc. launched a reverse request for proposals, or RFP, to sell its 5.86% undivided ownership interest in the Dolet Hills power plant, in DeSoto Parish, La.