Hurdle

Immediately after getting over one hurdle, Exelon Corp. now finds itself standing in front of another in its quest to purchase Dynegy’s Illinois Power (IP) unit. First announced in late September (see NGI, Sept. 29), the $2.225 billion deal has been under constant fire from the Illinois government as well as consumer groups.

Tucked away in the corner of the spacious and empty Long Beach Convention and Entertainment Center earlier this month, a joint federal-local port hearing on Japanese conglomerate Mitsubishi’s proposed liquefied natural gas (LNG) receiving terminal drew many community stakeholders, but only three independent citizens, none of whom objected to accelerated preliminary environmental review.

Tucked away in the corner of the spacious and empty Long Beach Convention and Entertainment Center last Thursday night a joint federal-local port hearing on Japanese conglomerate Mitsubishi’s proposed liquefied natural gas (LNG) receiving terminal drew many community stakeholders, but only three independent citizens, none of whom objected to accelerated preliminary environmental review.

Southern Union Co. said Friday that the Missouri Public Service Commission (“MoPSC”) unanimously approved the settlement agreement reached between it and the MoPSC’s staff and Office of Public Counsel regarding the company’s acquisition of Panhandle Eastern Pipe Line Co. and its subsidiaries from CMS Gas Transmission Company, a subsidiary of CMS Energy Corporation.

A story that ran in Monday’s edition of Daily GPI contained two errors. In the story titled “El Paso Crosses Hurdle But Still Faces Tough Battle Ahead,” a date of May 20 was given for El Paso’s annual meeting, where a proxy battle is scheduled to take place for control of El Paso’s board of directors (see Daily GPI, March 17). El Paso said no date has been set. The story also contained a typo. The name of El Paso’s fomer CEO, William Wise, was misspelled. NGI regrets these errors.

Getting over its last major regulatory hurdle unscathed, Dallas-based Atmos Energy Corp. said it expects to close its $195 million acquisition of privately-held Mississippi Valley Gas Co. by Dec. 1. The company said it received approval Tuesday from the Mississippi Public Service Commission to form the state’s largest natural gas utility.

The Federal Energy Regulatory Commission last week gave final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.

The Federal Energy Regulatory Commission has given final environmental clearance to the U.S. leg of the Georgia Strait Crossing pipeline, a joint Williams-BC Hydro project that would transport natural gas to power generators on Vancouver Island in Canada from connections with Northwest Pipeline and Westcoast Energy near Sumas, WA.