Company News
Dynegy announced Friday it will nearly double its capacity with the purchase of about 12,400 MW of generation from Duke Energy and private equity firm Energy Capital Partners.
PJM member companies FirstEnergy, Duke Energy, NRG Energy, Dynegy and AES all announced second-quarter earnings last week.
CPV plans to begin major construction next month on its 661-MW combined-cycle plant in Maryland despite an unfavorable ruling last week from the FERC.
FirstEnergy is asking consumers to prop up nuclear and coal generating plants the company says are at risk of closing due to low energy and capacity prices.
News briefs on companies in the PJM Interconnection this week, including Vivint, Tennessee Valley Authority, Sunoco, FirstEnergy and PSEG Nuclear.
A summary of the second-quarter 2014 earnings reports of major corporations doing business in PJM.
News briefs on companies in the PJM Interconnection this week, including Exelon, Entergy, ComEd, PSEG and DTE.
Exelon and Pepco told FERC last week that competitive and environmental concerns raised over their proposed merger are unfounded.
The NCEMPA is selling its stake in four Duke Energy Progress power plants to Duke in a deal valued at $1.2 billion, the organizations announced last week.
Exelon, a company primarily known for its generation fleet, continued its customer-buying spree last week when it announced an agreement to buy Integrys Energy Services for $60 million.
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