FERC last week conditionally approved Ameren Corp.’s $1.4 billion purchase of CILCORP Inc., parent company of Peoria, IL-based Central Illinois Light Co. (CILCO), from AES Corp. Key to the approval was the utilities’ commitment to participate in the Midwest Independent Transmission System Operator (MISO).
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PA PUC Approves Conditional PGW Rate Hike
The Pennsylvania Public Utility Commission (PUC) announced ithas approved a settlement with the Philadelphia Gas Works (PGW)that preserves its authority to oversee the selection of anexperienced independent manager to run the utility. In exchange,the cash-strapped utility will be allowed to collect a previouslyauthorized interim base rate hike of $11 million.
March 5, 2001
PA PUC Approves Conditional PGW Rate Hike
The Pennsylvania Public Utility Commission (PUC) late last weekannounced it has approved a settlement with the Philadelphia GasWorks (PGW) that preserves its authority to oversee the selectionof an experienced independent manager to run the utility. Inexchange, the cash-strapped utility will be allowed to collect apreviously authorized interim base rate hike of $11 million.
February 27, 2001
Horizon Pipeline Gets FERC Nod
The Federal Energy Regulatory Commission voted out a conditional certificate at last week’s regular meeting for the proposed 70-mile long Horizon Pipeline to carry 380 MMcf/d from the Joliet, IL, hub into northern Illinois.
September 18, 2000
Horizon Pipeline Gets FERC Nod
The Federal Energy Regulatory Commission voted out a conditionalcertificate at yesterday’s regular meeting for the proposed 70-milelong Horizon Pipeline to carry 380 MMcf/d from the Joliet, IL, hubinto northern Illinois.
September 15, 2000
AEP-CSW Merger Gets Conditional Approval
The $6 billion marriage of American Electric Power (AEP) andCentral and South West Corp. (CSW) got the go-ahead from FERCyesterday, but not before the Commission placed some conditions onthe transaction.
March 16, 2000
Jackson Prairie Storage Facelift Gets Green Light from FERC
FERC last week gave conditional approval to a major expansionand upgrade of Jackson Prairie Storage that would add 3.2 Bcf ofworking gas capacity and would boost the firm deliverability rateof the Pacific Northwest storage facility by 300 MMcf/d, both ofwhich would heighten its peak-shaving capabilities.
October 5, 1998
Shippers Tentatively Support Natural Auction Procedures
Producers and marketers this week offered their conditionalsupport for a comprehensive settlement package that calls forNatural Gas Pipeline Company of America (NGPL) to implement a moretransparent auction process on its system. Several said theirsupport hinged on the outcome of five contested issues that havebeen reserved for FERC comment and resolution.
August 26, 1998
FERC Gives Nod to New York ISO
FERC last week gave New York utilities a conditional go-ahead tocreate the New York Independent System Operator (NYISO), making itthe fourth ISO that the Commission has approved so far.
June 26, 1998
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