Energy Capital Partners
FERC received several protests to Constellation's proposed purchase of Calpine, with PJM's Monitor arguing the companies need to make additional commitments to preserve competition in the RTO.
FERC denied a merger proposal in which Bridgepoint tried to buy a 19.9% stake in Energy Capital Partners, saying it did so without prejudice because the first firm failed to disclose its relationship with a third – Blue Owl.
Dynegy (NYSE:DYN) will buy out Energy Capital Partners’ stake in their joint venture to buy 17 fossil fuel plants owned by French utility ENGIE (EPA:ENGI).
Dynegy and Energy Capital Partners are buying 8.7 GW of generation in PJM, ISO-NE and — in a first for Dynegy — ERCOT.
FERC denied rehearing of its June decision certifying the ninth Forward Capacity Auction results in ISO-NE.
The union representing workers at the Brayton Point plant say the plant’s pending closure caused massive price spikes in recent ISO-NE capacity auctions.
FERC approved the purchase of 12,500 MW of generation from Duke Energy and Energy Capital Partners by Dynegy, the final approval needed for both deals.
Dynegy has reached a settlement with PJM’s Market Monitor to alleviate market power concerns over its purchase of 12,400 MW of generation from Duke and ECP.
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