Fitch Affirms Associated Electric Cooperative Rating at 'AA-'; Outlook Stable

Business & Corporate | Jul 30 - Business Wire
Fitch Ratings has affirmed Associated Electric Cooperative, Inc.'s (Associated or AECI) 'AA-' rating on its implied senior secured obligations. AECI's rating takes into account approximately $1.8 billion of secured debt obligations, but is implied since none of the debt is publicly held.

Fitch Affirms Associated Electric Cooperative Rating at 'AA-'; Outlook Stable

Business & Corporate | NEW YORK, Jul 30, 2014 -- BUSINESS WIRE
Fitch Ratings has affirmed Associated Electric Cooperative, Inc.'s (Associated or AECI) 'AA-' rating on its implied senior secured obligations. AECI's rating takes into account approximately $1.8 billion of secured debt obligations, but is implied since none of the debt is publicly held.

Getting smarter about electricity

Grid Operations | Jul 30 - Lenore Sobota The Pantagraph, Bloomington, Ill.
Helping teachers and their students become smarter about the new "smart grid" technology is the goal of a program funded by a $450,000 grant to Illinois State University.

Work Underway on New FirstEnergy Transmission Substation in West Virginia to Support Shale Gas Industry and Enhance Mon Power Service Reliability

Grid Operations | FAIRMONT, W.Va., July 30, 2014 /PRNewswire
Construction is underway on a new FirstEnergy Corp. (NYSE: FE) transmission substation in Doddridge County, West Virginia, to support the electric demands of the area's rapidly expanding Marcellus Shale gas industry and help enhance service reliability for Mon Power's customers in Doddridge and neighboring counties.

JCP&L Continues Tree Trimming Program to Help Enhance Service Reliability

Grid Operations | MORRISTOWN, N.J., July 30, 2014 /PRNewswire
To help maintain proper clearances around electrical equipment and help prevent tree-related outages, Jersey Central Power & Light (JCP&L) forestry contractors trimmed trees in more than 60 communities in July.

Fitch Affirms California ISO's IDR at 'A+'; Outlook Stable

Business & Corporate | NEW YORK, Jul 30, 2014 -- BUSINESS WIRE
Fitch Ratings has affirmed the ratings of the California Independent System Operator (CAISO) as follows.

Utilities commission to investigate CMP

Policy, Regulatory & Legal | Jul 30 - Keith Edwards Kennebec Journal, Augusta, Maine
The state Public Utilities Commission voted unanimously Tuesday to investigate allegations by city of Augusta officials that Central Maine Power improperly used ratepayer resources to try to help its affiliate, Maine Natural Gas.

Acquisition of a 14 MW wind power project in France

International | MONTRÉAL, Jul 30, 2014 -- Canada NewsWire
Boralex Inc. ("Boralex" or the "Corporation"), through its subsidiary Boralex Europe S.A., has acquired Calmont 14 MW wind power project in the Midi-Pyrénées region in France.

Solar-farm company appeals Smithfield's rejection

Solar | Jul 30 - McClatchy-Tribune Regional News - Paula Seligson The Herald (Smithfield, N.C.)
A solar-farm company is appealing Smithfield's rejection of its bid to build a solar farm in the town limits.

TECO Energy Declares Quarterly Dividend

Business & Corporate | TAMPA, Fla., Jul 30, 2014 -- BUSINESS WIRE
At its meeting today, the board of directors of TECO Energy declared a dividend of 22 cents per share on the company's common stock. The dividend is payable Aug. 28 to shareholders of record as of Aug. 14.

Attorney general's office urges lower Avista electric rates

Policy, Regulatory & Legal | Jul 30 - McClatchy-Tribune Regional News - Becky Kramer The Spokesman-Review, Spokane, Wash.
Avista Utilities should lower base rates for its Washington electric customers instead of trying to collect more money, the state attorney general's office said this month.

Wisconsin Energy posts 2014 second quarter and first half results

Business & Corporate | MILWAUKEE, July 30, 2014 /PRNewswire
Wisconsin Energy (NYSE: WEC) today reported net income of $133.0 million or 58 cents a share for the second quarter of 2014. This compares with net income of $119.0 million or 52 cents a share for the second quarter of 2013.

Higher rates boost profits for TEP parent

Business & Corporate | Jul 30 - McClatchy-Tribune Regional News - David Wichner The Arizona Daily Star, Tucson
UNS Energy Corp., the parent of Tucson Electric Power Co., posted sharply higher second-quarter profits mainly due to higher rates approved in mid-2013.

State to fund clean energy projects

Wind | Jul 30 - McClatchy-Tribune Regional News - Jonathan D. Epstein The Buffalo News, N.Y.
State officials are seeking applications for up to $250 million to fund large-scale clean-energy generation projects -- including wind farms, fuel cells, biomass and renewable biogas facilities, and upgrades to small or mid-sized hydropower operations -- as part investments to promote renewable energy.

Key Georgia points on the EPA rules debate

Policy, Regulatory & Legal | Jul 30 - McClatchy-Tribune Regional News - Matt Kempner The Atlanta Journal-Constitution
Georgia's heavy but waning reliance on coal puts it at the center of a debate about how far the nation should go -- and how much it should spend -- to battle climate change.

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