Honeywell Helps California Schools Soak Up the Sun, Cut Utility Bills

The U.S. Department of Energy estimates that the nation’s schools spend an average of $175 per student on energy costs — a figure that continues to rise every year. Overall, utility bills are the second largest expense behind personnel costs At the same time, there is a growing awareness across the country about environmental impact and... 

Pike Electric Corporation Completes Acquisition of Shaw’s Energy Delivery Services

Pike Electric Corporation announced that on September 1, 2008 it completed the acquisition of Shaw Energy Delivery Services, Inc. (“EDS”), an affiliate of The Shaw Group Inc. With EDS, Pike will provide its customers a complete solution for the Engineering, Procurement and Construction (“EPC”) of distribution, transmission and... 

NuStar Energy L.P. and NuStar GP Holdings, LLC Expect Highest Quarterly Earnings in the History of Both Companies

NuStar Energy L.P. announced that the partnership expects to report record earnings applicable to limited partners for the third quarter of 2008 of at least $2.25 per unit, primarily as a result of exceptionally strong asphalt margins. NuStar GP Holdings, LLC also announced today that the company expects to report record earnings of at least $0.65... 

Capstone Turbine Announces Shipment of Its First C200 Production Unit Ahead of Schedule

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced that it will ship its first C200 production unit today. Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned. This first production unit is shipping to Integrated... 

Buckeye Partners, L.P. Completes Purchase of Albany Terminal

Buckeye Partners, L.P. announced that its subsidiary, Buckeye Albany Terminal LLC, completed the acquisition of an ethanol and petroleum products distribution terminal located in Albany, New York from LogiBio Albany Terminal, LLC, an affiliate of U.S. Oil Co., Inc. and LogiBio, LLC, for cash consideration of approximately $46.5 million. Additional consideration... 

Horizon Wind Energy Opens Kansas City Development Office

Horizon Wind Energy LLC (Horizon), a leading wind project developer, owner, and operator, owned by EDP Renovaveis, has just opened the doors to its new office located in Overland Park, Kansas. Horizon is currently constructing the 201 megawatt (MW) Meridian Way Wind Farm in Concordia, Kansas, and has hundreds of megawatts under development across the... 

TransCanada Closes Ravenswood Generating Station Acquisition

TransCanada Corporation announced that through its subsidiaries, it has acquired all the outstanding equity of both KeySpan-Ravenswood, LLC and KeySpan Ravenswood Services Corp., the companies which together own, control and operate the 2,480 megawatt (MW) Ravenswood Generating Station (Ravenswood) located in Queens, New York for US$2.8 billion plus... 

The Sterling Group, L.P. Completes the Sale of Hudson Products Holdings, Inc.

The Sterling Group, L.P., a middle-market private equity firm based in Houston, Texas, today announced that they have finalized the sale of Hudson Products Holdings, Inc. to Riverstone Holdings LLC. Since 1939, Hudson Products has designed and manufactured air-cooled heat exchanger equipment to serve the oil, gas, and petrochemical processing industries.... 

Commerce Energy Recognizes Advisor on Bridge Financing

Commerce Energy Group, Inc., a leading U.S. electricity and natural gas marketing company, today announced that Jesup & Lamont’s San Francisco investment banking division acted as the advisor and placement agent in connection with the bridge financing announced August 21, 2008. “Jesup & Lamont played a critical role in helping us secure... 

America Has the Ability, Talent to Meet Climate Challenge

Below are excerpts from a speech Duke Energy Chairman, President and CEO Jim Rogers gave Aug. 21 to the World Affairs Council of Charlotte. I believe it’s time for us to move toward solutions that bridge the gap from today’s technology ideas to tomorrow’s commercial solutions. During this transition, we need to use all of the fuels...