Infrastructure

S&P Maintains Separate, Higher Ratings on Sempra Utilities

While trading and natural gas infrastructure projects have fueled record earnings growth in recent years, San Diego-based Sempra Energy’s two major California utilities remain the foundation for the $11 billion energy holding company, according to Standard & Poor’s Ratings Services (S&P).

June 11, 2008

TransCanada Finds Partners on Proposed 1.2 Bcf/d Pathfinder Pipeline

In the race to build new takeaway natural gas pipeline infrastructure out of the Rockies, the proposed Pathfinder Pipeline project received a boost last week as TransCanada Corp., affiliates of Enterprise Products Partners LP and Quicksilver Gas Services LP signed a memorandum of understanding (MOU) under which Enterprise and Quicksilver Gas Services would acquire up to an aggregate 50% ownership in the project and commit to ship a total of 500 MMcf/d for a 10-year term.

May 19, 2008

TransCanada Finds Partners on Proposed 1.2 Bcf/d Pathfinder Pipeline

In the race to build new takeaway natural gas pipeline infrastructure out of the Rockies, the proposed Pathfinder Pipeline project received a boost Monday as TransCanada Corp., affiliates of Enterprise Products Partners LP and Quicksilver Gas Services LP signed a memorandum of understanding (MOU) under which Enterprise and Quicksilver Gas Services would acquire up to an aggregate 50% ownership in the project and commit to ship a total of 500 MMcf/d for a 10-year term.

May 13, 2008

SoCal Muni Utilities Look for More Gas Deals

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.

December 3, 2007

SoCal Municipal Utilities Look for More Gas Deals

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.

November 30, 2007

FERC Urged to Approve CIP Reliability Standards, with a Few Changes

State regulators, utilities and regional transmission organizations have expressed overall support for FERC’s proposed approval of eight critical infrastructure protection (CIP) reliability standards, but they cited some concerns with specific language in the standards.

October 15, 2007

Soft Prices, Abundant Supply Prompt Cutbacks at Chesapeake

Oklahoma City-based Chesapeake Energy Corp. has looked at the markets for gas, producing properties and gas infrastructure and determined it’s a good time to unload some assets and scale back drilling and production plans, particularly in light of abundant supply and low prices.

September 10, 2007

Chesapeake Monetizing Assets, Cutting Production, Drilling

Oklahoma City-based Chesapeake Energy Corp. has looked at the markets for gas, producing properties and gas infrastructure and determined it’s a good time to unload some assets and scale back drilling and production plans.

September 5, 2007

NorthWestern Better Off Without BBI, Montana Regulator Says

Montana regulators had little choice but to reject a 15-month-old effort by Australia’s Babcock & Brown Infrastructure (BBI) to buy South Dakota-based NorthWestern Energy, and the state’s largest private-sector utility now is poised to do just fine on its own, the state’s chief regulator told NGI last week.

July 30, 2007

NorthWestern Better Off Now, Montana Regulator Says

Montana regulators had little choice but to reject a 15-month-old effort by Australian-based Babcock & Brown Infrastructure (BBI) to buy South Dakota-based NorthWestern Energy, and the state’s largest private-sector utility now is poised to do just fine on its own, the state’s chief regulator told NGI Wednesday.

July 26, 2007