Houston-based Dynegy Inc. said it is beginning discussions to line up more than $1.7 billion in financing as part of a new organizational structure separating its natural gas- and coal-fired electric generation assets. Separately, Moody’s Investors Service lowered the ratings on the Dynegy holding company unit that owns the gas-fired assets.
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PSEG Considers Strategic Changes after Merger Failure
Public Service Enterprise Group (PSEG) CEO James Ferland said Wednesday the stand-alone energy company may consider further separating its unregulated and regulated operations at some point because of the adverse regulatory restrictions that led to the failure of its merger with Exelon.
WSI’s Moderate Winter Forecast Could Ease Shut-In Gas Supply Concerns
Separating the country along mostly North/South lines, WSI Corp. said in its latest outlook that it expects the December-through-February period to average cooler-than-normal across the northern tier of states and along the Pacific Coast with warmer-than-normal temperatures in most southern areas.
Extracting ANWR from Debate May Help Pass Energy Bill, Ex-Senator Says
Separating the Arctic National Wildlife Refuge (ANWR) issue from the ongoing energy bill debate in Congress significantly increases the chances that a comprehensive energy bill will be passed by the new Congress, former Republican U.S Senator and 9/11 Commission member Slade Gorton told an energy industry conference Thursday in Seattle.
Extracting ANWR from Debate May Help Pass Energy Bill, Ex-Senator Says
Separating the Arctic National Wildlife Refuge (ANWR) issue form the ongoing energy bill debate in Congress significantly increases the chances that a comprehensive energy bill will be passed by the new Congress, former Republican U.S Senator and 9/11 Commission member Slade Gorton told an energy industry conference Thursday in Seattle.
Administration Pushes Alaska Supply/Delivery With Congressional Conferees
The administration Wednesday urged congressional energy bill conferees to include in their final draft a provision that would dictate the opening of “a small portion of the Arctic National Wildlife Refuge (ANWR) to environmentally responsible oil and gas exploration and development,” as well as an 80% loan guarantee for a natural gas pipeline from Alaska.
ComEd, APX Team Up to Form Power Exchange
Separating itself from government-created organizations like theCalifornia Power Exchange, the privately funded California-basedAutomated Power Exchange (APX) yesterday (July 27) announced plansto set up shop with a cash-based exchange in Illinois this fallwhen customer choice begins (Oct. 1) in the electricity industry.The announcement was made in Chicago in conjunction with localinvestor-owned utility Commonwealth Edison, whose transmissionsystem will be used to create a competitive power market inIllinois.