Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

American Standard Energy Corporation Announces Robert J. Thompson as Board Chairman

The Board of Directors of American Standard Energy Corp. is pleased to announce the appointment of Robert Thompson to the Board and his election to serve as its Chairman. Mr. Thompson shall also chair the Compensation, Audit, and Nominating & Corporate Governance Committees. Mr. Thompson brings to American Standard Energy Corp. a wealth of experience... 

Conduit Capital to Build $127 Million Power Plant in Jamaica

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced that it will build a $127 million power plant in West Kingston, Jamaica. The thermal power plant, which will initially run on oil but can also be fitted to run on natural gas,... 

BPZ Energy Closes $44 Million Private Placement of Common Stock

BPZ Resources, Inc. announced that it closed the previously announced private placement of common stock for gross proceeds of approximately $43.6 million. The Company sold approximately 14.3 million shares to institutional and accredited investors at a price of $3.05 per share pursuant to a Stock Purchase Agreement dated as of February 19, 2009. Additionally,... 

Tenaska Solar and Soltage Invest in Solar Energy Development

Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity... 

Pritchard Capital Partners Hires Senior Professionals to Expand Sales and Trading Group

Pritchard Capital Partners, an energy investment bank and institutional financial services firm, announced today additional expansions to its institutional sales and trading teams with the addition of Owen Jones and John Joyce. Mr. Jones joins as a senior vice president sales trader based in the Washington, D.C., office and Mr. Joyce joins as a senior... 

Constellation Energy Provides Update on Liquidity and Strategic Initiatives

Constellation Energy provided an update on its previously announced plans to increase available liquidity and reduce risk in its commodities businesses. Constellation Energy announced that the closing of the previously announced credit facility has been extended to no later than Nov. 26 and currently expects to receive total commitments from the banks... 

Commerce Energy Sells Texas Retail Electric Business for $14.8 Million

Commerce Energy Group, Inc. said that its principal operating subsidiary, Commerce Energy, Inc., sold all of its retail electric service contracts in Texas to Ambit Energy, LP (Ambit), for an estimated $14.8 million. The purchase price includes $8.5 million in cash received on closing, a second payment of $2.7 million, reduced by customer deposits and... 

BlueFire Ethanol to Present at Renewable Energy Finance Forum-West October 27-28

BlueFire Ethanol Fuels, Inc., a company changing the world’s transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, has been invited to present at the Renewable Energy Finance Forum-West (REFF-West) being held at the Grand Hyatt Hotel in Seattle on October 27-28, 2008. BlueFire Ethanol CFO, Christopher Scott,... 

Constellation Energy Announces Key Executive Appointments

Constellation Energy announced two new management appointments – Jonathan (Jack) W. Thayer as chief financial officer and Charles A. Berardesco as general counsel – as the Company progresses toward closing its merger with MidAmerican Energy Holdings Company. The appointments are effective immediately. “Jack and Charlie are talented and experienced...