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November 21, 2024

FPA Section 203

Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Approves Icahn Deal for AEP Board Seat
FERC approved granting voting rights to a member of American Electric Power’s board of directors who was appointed by investment firm Icahn Group.
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FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
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FERC Reconsidering Blanket Authorizations for Investment Companies
FERC opened an inquiry into whether it should continue to grant blanket authorizations for holding companies to purchase public electric utility securities.

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