PECO Announces Pricing of $300 Million First and Refunding Mortgage Bonds

Business & Corporate | PHILADELPHIA, Sep 11, 2014 -- BUSINESS WIRE
PECO today announced that it has priced $300 million of first and refunding mortgage bonds with an interest rate of 4.15 percent due Oct. 1, 2044.

APS Proposes Compromise for Cholla Power Plant

Fossil & Biomass | PHOENIX, Sep 11, 2014 -- BUSINESS WIRE
The coal-fired Cholla Power Plant in Joseph City, Ariz., will close its 260-megawatt Unit 2 by April 2016 and stop burning coal at the other APS-owned units (1 and 3) by the mid-2020s if the U.S. Environmental Protection Agency (EPA) approves a compromise proposal offered by APS, the plant's owner.

Aboitiz Power, TeaM Energy allot $1B for Pagbilao plant expansion

International | Sep 11 - Philippine Star News
Aboitiz Power Corp. and TeaM Energy Corp. are investing close to $1 billion for the expansion of their existing coal-fired power plant in Quezon province by more than half of its existing capacity.

Fitch Affirms DPL and DP&L's Ratings; Outlook Stable

Business & Corporate | NEW YORK, Sep 11, 2014 -- BUSINESS WIRE
Fitch Ratings has affirmed the Issuer Default Rating (IDR) of DPL, Inc. (DPL) at 'B+' and Dayton Power & Light Company's (DP&L) IDR at 'BB+'. A full list of rating actions follows at the end of this release. The Rating Outlook is Stable.

ABB in North America announces new PowerED webinar series on evolving grid

Annoucement | Raleigh, NC, September 11, 2014 (News Release)
ABB, the world's leading power and automation technology company, today announced details for an upcoming "PowerED" power education webinar series this fall.

Leidos Engineering Sends Five Experts to APPA Business and Financial Conference

Annoucement | RESTON, Va. - Sept. 11, 2014 (News Release)
Leidos Engineering energy experts will present on data analytics, advanced metering infrastructure (AMI) and distributed generation for educational seminars at next week's American Public Power Association's (APPA) Business and Financial Conference in Portland, Oregon, Sept. 14-17.

ONGC, Coal India and NHPC shares fall after disinvestment plan

International | Sep 11 - McClatchy-Tribune Regional News - Ravindra Sonavane Mint, New Delhi
Shares of Oil and Natural Gas Corp. Ltd (ONGC), Coal India Ltd and NHPC Ltd fell after a cabinet committee on Wednesday approved the partial sale of government stake in these companies.

PNNL celebrates 5 decades of science

Business & Corporate | Sep 11 - Annette Cary Tri-City Herald (Kennewick, Wash.)
For 50 years, the nation and the world have been calling on the national laboratory in Richland in times of crisis and during the moments that have made history.

UC task force recommends sustainable investments over divestment

Fossil & Biomass | University of California - Los Angeles, Los Angeles, CA September 10, 2014 -- Daily Bruin, provided by UWIRE, a division of Uloop via Comtex
The University of California's Task Force on Sustainable Investing recommended this week that the UC invest $1 billion over five years in companies that promote sustainability, rather than divesting from fossil fuel companies as student advocates have called for.

PGE cuts rate request from 4.6 percent to 1 percent increase

Business & Corporate | Sep 11 - McClatchy-Tribune Regional News - Ted Sickinger The Oregonian, Portland, Ore.
Portland General Electric has agreed to slash a requested rate increase that would take place this January by 80 percent as a result of settlements with ratepayer groups and staff at the Oregon Public Utility Commission.

Ameren overearnings complaint fails to sway Missouri regulators

Policy, Regulatory & Legal | Sep 11 - McClatchy-Tribune Regional News - Jacob Barker St. Louis Post-Dispatch
Ameren Missouri customers won't be seeing lower bills anytime soon after an overearnings complaint from its largest customer failed to sway state utility regulators.

Alan Oshima Named President and CEO of Hawaiian Electric Company

Business & Corporate | HONOLULU, Sept. 10, 2014 /PRNewswire
Hawaiian Electric Company, a subsidiary of Hawaiian Electric Industries (HEI) (NYSE: HE), today announced that Alan Oshima has been named president and chief executive officer of Hawaiian Electric Company, effective October 1, 2014.

No big quake safety concern at California nuclear plant, regulators say

Policy, Regulatory & Legal | Sep 11 - Lauren Raab Los Angeles Times
There is no immediate or significant earthquake safety concern associated with California's last remaining nuclear power plant, federal regulators have decided.

Italian project tackles climate change, Lebanon energy crisis

International | Sep 11 - McClatchy-Tribune Regional News - The Daily Star, Beirut, Lebanon
Tackling climate change can also help address Lebanon's longstanding electricity crisis, as demonstrated by an Italian-funded project to encourage solar-powered water heaters in Lebanon.

Danish firm suspends electricity projects

International | Sep 11 - McClatchy-Tribune Regional News - Osama Habib The Daily Star, Beirut, Lebanon
A Danish company has suspended all work on two electricity projects in Lebanon after the Finance Ministry withheld payments under the pretext that the contracts were amended, a representative of the firm said.



Receive Energy Central eNews & Updates

Get the news delivered to you!
Subscribe now to receive top headlines and news updates power industry professionals need to know- FREE!


Get your event listing in front of more than 100,000 industry professionals by posting on EnergyCentral's Event Center.