Crosstex Completes Sale of Seminole Gas Processing Plant and Another Asset for $105.0 Million; Amends Debt Covenants

Crosstex Energy, L.P. announced that it continues to execute its near-term operating strategy to increase liquidity, reduce leverage and improve profitability. The Partnership has completed the sale of its undivided 12.4 percent interest in the Seminole gas processing plant to plant operator Hess Corporation for $85.0 million. In addition to the Seminole... 

Vattenfall AB acquires Eclipse Energy UK PLC

Vattenfall is Europe’s fifth largest generator of electricity and the largest producer of heat, and works in all parts of the electricity value chain. In the UK, Vattenfall owns and operates the Kentish Flats offshore wind farm, which has a capacity of 90 MW. It is also the world’s second largest offshore wind power operator, with a 60 per cent... 

Atlantic Power Announces New Currency Hedges

Atlantic Power Corporation announced that it has extended through 2013 its forward purchases of Canadian dollars in amounts sufficient to make the current level of monthly distributions on its Income Participating Securities (”IPS”). “We are very pleased to have extended our strategy of mitigating currency risk for another two years... 

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Enhanced Oil Resources, Inc. Announces Bolt-on Acquisition. Provides Update on Milnesand Pilot Flood, CO2 Contracts and Liquidity

Enhanced Oil Resources Inc. announced the Company has completed the acquisition of approximately 1900 acres of productive land adjacent to the Milnesand San Andres Unit currently 100% owned by the Company. The acquisition covers the southern limits of the Milnesand San Andres Oilfield and will be a logical later stage step-out to the Milnesand CO2 pilot... 

Rooftop Solar Power Now the Best Investment Under the Sun

With today’s passage of the Economic Stabilization Act of 2008 — which includes the best incentives for solar power in a generation — Akeena Solar, Inc., one of the nation’s leading designers and installers of solar power systems, believes the key elements are now in place for unprecedented growth in residential solar adoption. “Finally,... 

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Crosstex Energy Provides Operational Assessment of Texas and Louisiana Facilities after Hurricane Ike

Crosstex Energy, L.P. announced that the majority of its assets in Texas and Louisiana sustained minimal physical damage as a result of Hurricane Ike. Most of the Partnership’s facilities along the Gulf Coast are resuming or have resumed operations. However, the Sabine plant, because of its proximity to the Louisiana Gulf coast, sustained some damage... 

The US May Achieve Energy Independence With Help From Algae-Based Biofuels

Seven years ago this week, the United States was attacked on September 11. Since this event, the US military, congress, and departments of energy, agriculture and defense have increased the volume of initiatives to promote renewable alternatives for energy independence. There is a growing sense of urgency for the US to produce alternatives to foreign... 

GPEC and SolarCity Unveil Greening Greater Phoenix Initiative to Promote Region as Solar and Sustainability Leader

The Greater Phoenix Economic Council (GPEC) announced a new sustainability initiative today to position Greater Phoenix as a location for solar and clean technology, green building, renewable energy and other “green industry” organizations. Greening Greater Phoenix Powered by SolarCity promotes the region as an emerging leader in solar technology... 

Akeena Solar Announces Second Quarter 2008 Results

Akeena Solar, Inc., a leading designer and installer of solar power systems, today announced results for the second quarter of 2008. “Second quarter results highlight our emphasis on residential solar power installations and the continued growth in that market. Second quarter revenues of $7.1 million reflect a 6.5% sequential increase in residential...