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September 11, 2024

Company News

Sempra Energy
Sempra Reworks Oncor Bid to Erase EFH Debt
Sempra said that it will rework its proposed $9.45 billion acquisition of Oncor with a new financing structure that wipes out the debt of EFH.
Texas PUC Resistant to NextEra’s Minority Interest in Oncor
Having thrice been rejected in its attempts at majority ownership, NextEra Energy is now making a long-shot bid to acquire a minority in Oncor.
PacifiCorp Seeks 1,270 MW of New Wind
PacifiCorp is seeking bids for up to 1,270 MW of wind power to integrate into its system by the end of 2020.
Entergy
Entergy Abandons Palisades PPA Termination
Entergy said it will continue to operate the Palisades nuclear plant until early 2022 under the terms of its original agreement with Consumers Energy.
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FERC Approves SunZia Rate Authority
FERC approved negotiated rate authority for SunZia, a proposed 515-mile transmission project.
GE Power Pitches its Global Perspective to IPPNY
At the IPPNY Fall Conference, a GE Power exec argued that companies should focus on making their generators more efficient rather than building new.
Controversial Ameren Efficiency Plan Wins Ill. Approval
The Illinois Commerce Commission conditionally approved Ameren’s request to lower the utility’s energy-efficiency goals under state law.
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Bankruptcy Court Advances Sempra Bid for Oncor
Sempra Energy moved a step closer to completing its takeover of Oncor after a U.S. bankruptcy judge approved the agreement.
Spectra Energy
FERC Orders Tech Conference on Algonquin No-Notice Changes
FERC ordered a technical conference on Algonquin Gas Transmission’s proposal to change the terms of its no-notice services.
Mortenson Construction
ATC Fined over Improper FERC Reporting
ATC agreed to pay a fine and undergo a year of monitoring after failing to report more than 60 agreements and transactions to FERC over the past 16 years.

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