Bridgeport

Emera Sheds New England’s Gas Plants as Part of Funding Plan

Citing asset sales as an important component of its funding plan, Emera Inc. has agreed to sell its three natural gas generation plants in New England to an affiliate of The Carlyle Group for $590 million, the Nova Scotia-based company announced Monday.

November 26, 2018
PSEG Agreement With Bridgeport, CT, Could Close State’s Only Coal-Fired Plant

PSEG Agreement With Bridgeport, CT, Could Close State’s Only Coal-Fired Plant

The City Council of Bridgeport, CT, has scheduled a public hearing Feb. 1 to consider a Community Environmental Benefits agreement with PSEG Power Connecticut LLC that could shutter the state’s only coal-fired power plant by July 2021.

January 27, 2016

Emera Acquires Three Gas-Fired New England Plants in $541M Deal

In a move aimed at diversifying the company’s northeastern U.S. power generation portfolio, Halifax, Nova Scotia-based Emera Inc. reported Wednesday that it has entered into a $541 million agreement to purchase three combined-cycle gas-fired electricity generating facilities in New England from Capital Power Corp.

August 29, 2013

Transportation Notes

With a spring shut-in test of the Bridgeport Storage Pool in West Virginia continuing through Monday, Dominion said that thus far it has managed to conduct the test without backing off any production. “However, the warm weather predicted for the weekend might necessitate backing off some production,” the pipeline said Thursday. “This could affect production in Bubbles 4202, 4203 and 4205, as well as production in Tucker County, the Greer Field and production behind the station at Peoria.” Dominion field personnel will notify producers if any shut-ins are necessary.

April 16, 2004

PDC Hedging at Attractive Winter Prices

Petroleum Development Corp. of Bridgeport, WV, said it haslocked in November to March prices at an average of about$2.95/MMBtu based on NYMEX futures quotes that have reached “thehighest average price we’ve seen for any winter in the past 10years.”

September 20, 1999

PDC Hedging at Attractive Winter Prices

Petroleum Development Corp. of Bridgeport, WVA, said it haslocked in November to March prices at an average of about$2.95/MMBtu based on NYMEX futures quotes that have reached “thehighest average price we’ve seen for any winter in the past 10years.”

September 14, 1999