Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under...
Bird River Resources Inc. is pleased to announce that the drilling portion of a new horizontal oil well at 11-26-1-28W by Atikwa Resources has been successfully completed. The operator is now waiting for a fracing unit which is expected before month end. The well was drilled into the Spearfish formation and is light sweet crude. The well is located...
Meridium Inc., the global leader in asset performance management software and consulting solutions, today announced that Manitoba Hydro has licensed Meridium’s root cause analysis software, PROACT® for Meridium, in its HVDC Division (High Voltage Direct Current), which states they have already experienced benefits from PROACT and the methodology....
As the cold winds of winter start to sweep in, U.S. Energy Savings Corp. announced that it is donating $15,000 to The Salvation Army Share the Warmth program. The program provides assistance to thousands of eligible gas consumers. The program originally started in 1983 and is one of the largest of its kind in the nation. “This generous donation...
Outlook Resources Inc. wishes to announce that Agassiz Aqua Farms Inc. has entered into a 3 year, fixed credit mortgage financing , valued at $1,061,415, with Transwest Financial Services Corp. at an annual interest rate of 14%. Transwest will hold a first mortgage on Agassiz’s real property, a general security interest on all of Agassiz’s...
FirstEnergy Corp. has announced that FirstEnergy Solutions Corp., its competitive subsidiary, has been licensed by the Illinois Commerce Commission as an electric generation supplier in the Ameren service territory in Illinois. “Even though FirstEnergy Solutions is a new electric generation supplier in Illinois, we have been very active in deregulated...
Duke Energy and American Electric Power (AEP) have formed a 50-50 wholly-owned joint venture to build and operate 240 miles of extra-high-voltage 765-kilovolt (kV) transmission lines and related facilities in Indiana. The project, called Pioneer Transmission LLC, would link Duke Energy’s Greentown Station (near Kokomo, Ind.) with AEP’s Rockport...