Company News

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.
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.
DTE Initiates Last-Ditch Effort in Clean Air Act Case
DTE Energy asked the Supreme Court to review a lower court’s ruling upholding EPA’s power to halt construction at plants in violation of the Clean Air Act.
Con Ed Earnings Down; PSC Rules on Subway Outage, Solar Pilot
Con Ed reported its second-quarter net income dropped almost one-third from a year ago, mainly reflecting changes in rate plans and regulatory charges.
Berkshire Hathaway Energy Earnings Up on Solar Rebound
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.

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