NRG Energy reported yesterday that it has entered into anagreement with Duke Energy North America LLC (DENA) to acquire anatural gas-fired 720 MW winter-rated/640 MW summer-rated powerfacility that is currently under construction in Audrain County,MO.
Acquires
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Aquila Acquires 10 GE Turbines
Aquila Inc., a wholly owned subsidiary of UtiliCorp United,announced yesterday that it has entered into an agreement topurchase an additional 10 natural gas-fired turbines from GeneralElectric (GE). Combined with previously announced agreements,Aquila has ordered a total of 21 turbines over the past 12 months.
Cinergy Acquires 1,000 MW From Enron
Cinergy Corp. yesterday reported that its non-regulated affiliate, Cinergy Capital & Trading, is in the process of adding almost 1,000 MW of electricity to its generating portfolio in the southeastern United States through an acquisition of two of Enron North America’s power plants.
Cinergy Acquires 1,000 MW From Enron
Cinergy Corp. yesterday reported that its non-regulatedaffiliate, Cinergy Capital & Trading, is in the process ofadding almost 1,000 MW of electricity to its generating portfolioin the southeastern United States through an acquisition of two ofEnron North America’s power plants.
CA-Based Calpine Acquires Canadian E&P Co.
In its second bite this year at Canadian reserves, San Jose,CA-based independent power producer Calpine Corp. announced Mondayit will make a cash offer to acquire TriGas Exploration Inc.,Calgary, Alberta, for C$156 million. The two companies jointlyannounced they have an agreement that has the “unanimous support”of both companies’ boards.
ONEOK Acquires 56,200 Dth/d From Williams
Williams and ONEOK reported yesterday that they have reached atwo-year agreement in which Williams will provide incremental firmtransportation service of 56,200 Dth/d to the Oklahoma Natural Gas(ONG) division of ONEOK.
AGL Resources Acquires Virginia Natural Gas
AGL Resources Inc. has closed on its $533 million acquisition ofVirginia Natural Gas, more than two months ahead of schedule andprior to the start of the winter heating season.
Westcoast Acquires Assets in Joint Venture Split
Westcoast Energy announced it had acquired 100% of the ownershipand control of, Engage Energy Canada, L.P., as well as the EngageU.S. power business based in Michigan and the Engage gas and powerbusiness in the U.S. Pacific northwest, after the split of itsjoint venture with Coastal Corp on Oct. 3.
Murphy Oil Acquires Beau Canada for $255 Million
Weighed down by misplaced hedges and long term fixed pricecontracts, Beau Canada Exploration Ltd. has sold out to Murphy OilCorp., one of its partners in the development of the hot Ladyfernprospect in northern Alberta and British Columbia, for a totalprice of US$255 million.
Phillips Acquires Coal-Bed Assets
Phillips Petroleum announced last week that it has done somecoal-bed methane shopping recently. Phillips acquired River GasCorp., a privately held coal-bed methane producer, as well ascoal-bed methane positions of three other companies located in thePowder River Basin of Wyoming. The cost of the four transactionswas $123 million in cash.