Atwood Oceanics Orders Ultra-Deepwater Drillship

ATWOOD OCEANICS, INC., a Houston-based international drilling contractor announced that, Atwood Oceanics Pacific Limited a wholly-owned subsidiary of Atwood Oceanics, Inc. (the “Company”), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd (“DSME”) to construct... 

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed... 

RMT Wraps Up Michigan Wind 1 Construction

RMT, Inc. (RMT), the leader in wind energy development, engineering, and construction, has completed construction of Michigan Wind 1, located near Ubly, Michigan. With a total capacity of 69 MW, Michigan Wind 1 is the largest commercial-scale wind farm in Michigan. The wind facility began commercial operation in mid-December, and will produce enough... 

EDF Energies Nouvelles Signs Close to 1,000 MW of New Operations & Maintenance Contracts in the United States

As part of its Operations & Maintenance business, EDF Energies Nouvelles is announcing the signature, by its US subsidiary enXco, of four new contracts covering 981 MW in capacity with US electricity companies. These contracts lift the total capacity managed by EDF EN under operations & maintenance contracts in the United States to over 3,000... 

Exelon Details the Value Creation Opportunities in an Exelon-NRG Combination

Exelon Corporation today filed with the Securities and Exchange Commission and posted to its Web site a presentation for investors with additional details on the value that would be created by its offer to acquire all of the outstanding common stock of NRG Energy, Inc. in an all-stock transaction. “The combination creates clear and compelling value... 

Exelon Corporation Offers to Acquire NRG Energy, Inc. in $6.2 Billion Transaction

Exelon Corporation announced its proposal to acquire Princeton, N.J.-based NRG Energy, Inc.. Exelon has offered to acquire all of the outstanding NRG common stock in an all-stock transaction with a fixed exchange ratio with a value of $26.43 for each NRG common share, representing a total equity value of approximately $6.2 billion for NRG based on Exelon’s... 

International Container Terminal Services, Inc. Orders Twelve VYCON REGEN(R) Crane Energy Storage Systems

VYCON Inc., the designer and manufacturer of high-speed flywheel based, environmentally friendly energy storage systems, today announced that International Container Terminal Services, Inc. (ICTSI) has ordered twelve new Rubber Tired Gantry (RTG) cranes from Noell China with VYCON’s fuel and emission saving REGEN energy storage systems for their operations... 

As Steel Prices Soar and Water Levels Rise, a Company in the United States Offers ‘Affordable and Green’ Seawall Solutions

Many people around the world are fighting a seemingly never-ending battle against rising seawater. The result of global warming, rising water levels threaten hundreds of millions of people. They have no choice but to build or extend barriers in the form of seawalls to protect their lives and property. Now, however, the rising cost of building materials...