A settlement was reached yesterday by Salem, OR-based SierraPacific Resources, the Oregon Public Utility Commission, industrialcustomers and consumer groups to allow Sierra Pacific to acquirePortland General Electric. The agreement calls for a six-yearfreeze on certain electricity prices and a $95 million credit pricefor PGE customers over the next seven years.
Closer
Articles from Closer
SEC Oks Allegheny Power, Mountaineer Deal
Allegheny Power of Hagerstown, MD is closer to having 200,000new natural gas customers after getting a thumbs up from theSecurities and Exchange Commission yesterday to acquire MountaineerGas Co., West Virginia’s largest natural gas provider.
August 15, 2000
FERC Gives Nod to LG&E-Power Gen Merger
Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.
July 3, 2000
Avista, PG&E Plan More Tests for Storage Field
Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.
July 3, 2000
FERC Gives Nod to LG&E-Powergen Merger
Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.
June 29, 2000
Avista, PG&E Plan More Tests for Storage Field
Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.
June 28, 2000
Southern Union Closer to Acquiring Northeast Utilities
Southern Union Co. has gotten a thumbs up from the PennsylvaniaPublic Utility Commission (PPUC) for its pending mergers with threeNortheast utility companies — Fall River Gas Co., ProvidenceEnergy Corp. and Valley Resources Inc. The approval, which comesthree months after Southern Union’s application was first filed, isone of several required before the merger is approved. Still tocome are approvals from utility commissions in Rhode Island,Massachusetts and Missouri, state legislatures and variousregulators in the affected states.
May 16, 2000
El Paso, Coastal Stockholders Approve $16 Billion Merger
Stockholders of El Paso Energy and Coastal Corp. Friday approved the merger of the two giants of the natural gas industry, moving the transaction closer to reality.
May 8, 2000
El Paso, Coastal Stockholders Approve $16 Billion Merger
Stockholders of El Paso Energy and Coastal Corp. Friday approvedthe merger of the two giants of the natural gas industry, movingthe transaction closer to reality.
May 8, 2000
Two Florida-Bound Pipes Get Nod from FERC
Florida just got two steps closer to being flooded by naturalgas via two proposed pipelines. The competing Gulfstream andBuccaneer pipeline projects, which would extend from Mobile, AL,across the Gulf of Mexico to the west coast of Florida and tomarkets across the Florida peninsula, are neck and neck in theirregulatory race after receiving preliminary approvals onnon-environmental grounds from the Federal Energy RegulatoryCommission (FERC) yesterday.
April 26, 2000
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
