Having locked up reserves and pre-pay natural gas deals in the past two years, the infrastructure financing arm for a dozen Southern California municipal utilities is assessing its member utilities to determine if their tanks are full, or they still want to buy some peace of mind in terms of future fuel supplies for generating electricity in the southern half of the state. The assessment will come the first half of next year.
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CA Muni Finance Arm Eyes More Gas Deals, Renewables, Power Lines
With a shared goal of fuel and geographic diversity among its dozen muni utility members, the Southern California Public Power Authority (SCPPA) plans to continue its thrust from last year, looking at locking in more natural gas supplies, renewable energy projects and new transmission lines in the southern half of California in 2007. In an interview with NGI last week, SCPPA Executive Director Bill Carnahan outlined a full plate for the joint powers authority that sports a solid “A”-level credit rating.
Market for Gas Storage Assets Remains Strong
The number of players competing for natural gas storage assets is diverse and growing, and when new infrastructure is for sale, “at least a half dozen players” likely will be ready — and able — to bid, ensuring asset values will continue to rise, industry experts said Thursday.
CA Muni Finance Arm Eyes More Gas Deals, Renewables, Power Lines
With a shared goal of fuel and geographic diversity among its dozen muni utility members, the Southern California Public Power Authority (SCPPA) plans to continue its thrust from last year, looking at locking in more natural gas supplies, renewable energy projects and new transmission lines in the southern half of California in 2007. In an interview with Power Market Today Tuesday, SCPPA Executive Director Bill Carnahan outlined a full plate for the joint powers authority that sports a solid “A”-level credit rating.
Missouri PSC Sues Energy Companies for Reporting False Prices
Missouri regulators have filed a lawsuit against nearly two dozen energy companies that buy, sell and trade natural gas in the state for knowingly reporting false price information to published indexes that the state claims led to significant overcharges to Missouri gas distributors during a three-year period that ended in October 2002.
Missouri PSC Sues Energy Companies for Reporting False Prices
Missouri regulators have filed a lawsuit against nearly two dozen energy companies that buy, sell and trade natural gas in the state for knowingly reporting false price information to published indexes that the state claims led to significant overcharges to Missouri gas distributors during a three-year period that ended in October 2002.
SoCal Munis Eye Another Gas Reserve Deal
A half-dozen Southern California municipal utilities are again close to making a deal to purchase additional natural gas reserves in the West, but not in Wyoming, said Southern California Public Power Authority (SCPPA) Executive Director Bill Carnahan. Through SCPPA, a public-sector financing company, the munis paid $300 million last year for Wyoming reserves.
Intervenors Line Up For NorthWestern Energy Sale Review
The sale of a Montana electric and gas utility, NorthWestern Energy, to Australian banking group Babcock and Brown Infrastructure (BBI) may be held up as about a dozen groups have filed to intervene in the review of the sale by the Montana Public Service Commission (PSC).
Review May Delay Sale of Montana’s NorthWestern Energy
The sale of a Montana electric and gas utility, NorthWestern Energy, to Australian banking group Babcock and Brown Infrastructure (BBI) may be held up as about a dozen groups have filed to intervene in the review of the sale by the Montana Public Service Commission (PSC).
SoCal Munis Eye Another Gas Reserve Deal
A half-dozen Southern California municipal utilities are again close to making a deal to purchase additional natural gas reserves in the West, but not in Wyoming, said Southern California Public Power Authority (SCPPA) Executive Director Bill Carnahan. Through SCPPA, a public-sector financing company, the munis paid $300 million last year for Wyoming reserves.