Power
Oncor-Sempra deal secures unanimous support from Texas stakeholders
Sempra Energy's proposed acquisition of Energy Future Holdings Corp. and its 80% ownership interest in Oncor Electric Delivery Co. LLC received unanimous support from all the intervenors in the Public Utility Commission of Texas' regulatory proceeding.
AEP to ramp up clean energy, grid investments as it cuts emissions significantly
American Electric Power Co. Inc. will add more than 8,000 MW of solar and wind generation to its portfolio in the next 12 years as part of the company's long-term plan to drastically cut carbon dioxide emissions.
FTC grants antitrust approval for Dominion/SCANA merger
The U.S. Federal Trade Commission has cleared Dominion Energy Inc.'s proposed acquisition of SCANA Corp., a development that satisfies one of the conditions to complete the proposed merger transaction.
Texas PUC staff recommends divestitures in Vistra/Dynegy merger bid
A merged Vistra Energy Corp. and Dynegy Inc. must divest at least 1,281 MW of Texas generation to stay under the state-mandated cap of 20% of Electric Reliability Council of Texas installed capacity, state regulatory staff said.
8point3 Energy strikes deal to be acquired by Capital Dynamics
8point3 Energy Partners LP, the yieldco created by rival solar companies First Solar Inc. and SunPower Corp., agreed to be bought by asset manager Capital Dynamics Inc. in a deal that values 8point3 Energy at about $1.7 billion.
Origin Energy completes sale of Lattice Energy
Origin Energy Ltd. said it has completed the $1.59 billion sale of Lattice Energy to Beach Energy Ltd with an economic effective date of July 1, 2017.
Innergex closes C$1.1B acquisition of Alterra Power
Innergex Renewable Energy Inc. completed its acquisition of Alterra Power Corp. for C$1.1 billion, including the assumption of Alterra's debt.
Report: Midwest utility Vectren initiates sale process
Vectren Corp. launched a sale process led by Bank of America Merrill Lynch following earlier takeover interest in the utility, according to a Feb. 6 report by Bloomberg News, citing DealReporter.
Southwest Generation to divest 197 MW of gas-fired facilities in California
Southwest Generation Operating Company LLC is planning to sell the 107.4-MW Harbor Cogeneration plant and two other natural gas-fired facilities owned by Colton Power LP, each with a capacity of 45 MW, to Clarion West Energy LLC.
Avangrid strikes deal to sell gas trading business
Avangrid Renewables Holdings Inc. struck a deal to sell its natural gas trading business, ENSTOR Energy Services LLC, to CCI U.S. Asset Holdings LLC for an undisclosed sum.
Enel subsidiary to acquire 132 MW of wind farms in Spain
Endesa SA subsidiary Enel Green Power España signed an agreement to expand its wind capacity by 132 MW with the acquisition of five wind farms in Galicia and Catalonia, Spain.
Algonquin wins FERC approval to transfer stake in 2 Atlantica solar farms
The Federal Energy Regulatory Commission approved Algonquin Power & Utilities Corp.'s request to transfer an indirect controlling stake in two solar facilities.
Advanced Energy acquires Trek Holding's high-voltage power supply portfolio
Advanced Energy Industries, Inc. acquired privately held Trek Holding Co. Ltd. in an all-cash transaction valued at about $12 million.
Just Energy to acquire EdgePower for $14M
Just Energy Group Inc. on Feb. 5 announced that it will acquire all of the issued and outstanding shares of EdgePower Inc., an energy monitoring and management company operating out of Aspen, Colo.
AMSC sells property in Massachusetts to cut costs
American Superconductor Corp. subsidiary ASC Devens LLC on Feb. 1 entered into an agreement with 64 Jackson LLC for the sale of property in Devens, Mass., including the building that has served as the corporation's headquarters.
