Company News
Tri-State G&T
FERC ordered Tri-State Generation and Transmission Association to rework two filings involving departing members in orders issued March 29.
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Industry trade groups warned FERC against passing more stringent restrictions on investment funds’ shares in the power industry, but consumer advocates and Republican state attorneys general urged it to move forward with rule changes.
Entergy
Entergy will pay its Arkansas affiliate $142.3 million in the latest settlement in the ongoing billing disputes over the utility’s Grand Gulf Nuclear Station.
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FERC rejected Tri-State Generation and Transmission Association’s proposed rates, ruling that the cooperative failed to unbundle ancillary services as has been required since 1996.
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Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.
Bridgepoint Group
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.
Idaho Power
FERC threatened to revoke Idaho Power’s market-based rate authority in its home territory, citing the utility’s failure of a key market power test.
AEP
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
Constellation Energy
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
Entergy
Executives focused on Entergy’s booming industrial load growth during a year-end earnings call Feb. 22.
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