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September 12, 2024

Company News

Great Plains, Westar File Revised Merger Plan
Great Plains Energy has pulled back from its attempted acquisition of Westar Energy, recasting the move as a “merger of equals.”
Sempra Begins ‘Listening Tour’ of Key Stakeholders
Sempra has wasted little time getting to know Texas stakeholders, embarking on a “listening tour” just days after announcing it sought to acquire Oncor.
Sempra Outmuscles Berkshire for Oncor
Sempra Energy announced a $9.45 billion cash deal to acquire bankrupt Energy Future Holdings and its 80% interest in Texas utility Oncor.
GridLiance Gets OK to Acquire Valley Electric Tx Assets
FERC approved GridLiance West’s acquisition of Valley Electric Association’s 230-kV transmission network in a deal valued at about $200 million.
GRDA Granted 2-Foot Rise in Reservoir Level
FERC granted Grand River Dam Authority’s request for a permanent 2-foot increase in the reservoir level of the 105-MW Pensacola Project.
Calpine Going Private in $5.6B Deal
Calpine announced it has agreed to be acquired by Energy Capital Partners and other investors for $5.6 billion in cash.
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Clean Line Ponders Options After Grain Belt Rejection
Clean Line Energy said it is considering legal appeals following the Missouri Public Service Commission’s third rejection of its Grain Belt Express.
Ohio PUC Upholds FirstEnergy Subsidy
The Public Utilities Commission of Ohio (PUCO) rejected challenges to their order awarding FirstEnergy a subsidy worth more than $600 million.
Q2 Good Collectively for Top 30, but Only Half Post Gains
The RTO Insider Top 30 collectively had a good second quarter, but nearly half the companies turned in worse bottom-line performances than a year ago.
Ameren Illinois Criticized for Lowered Energy Efficiency Goals
Environmental and consumer activists accused Ameren Illinois of attempting to bypass energy efficiency targets set by the state.

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