Allegheny Energy Announces $550 Million Financing for Transmission Projects

Allegheny Energy, Inc. announced that its subsidiary, Trans-Allegheny Interstate Line Company (TrAILCo), closed on a $550 million senior secured credit facility with a seven-year maturity. The facility includes a $530 million term loan and a $20 million revolving facility, both with an initial borrowing rate equal to the London Interbank Offered Rate... 

Eastern American Natural Gas Trust Announces Quarterly Distribution

Eastern American Natural Gas Trust announced that its Distribution Amount per Unit for the quarter ended June 30, 2008 is $.6706 per Depository Unit. Based on the amount of Distributable Income for the quarter, the Trust anticipates that it will make a cash distribution on or before September 12, 2008 of $.6706 per Depository Unit to holders of record... 

PennFuture Launches Campaign to Give Pennsylvania’s Families and Businesses Powerful Tools to Save on Electricity Bills

Today, Citizens for Pennsylvania’s Future (PennFuture), joined by business leaders, people of faith, elected officials and representatives of the more than 50 organizations in Pennsylvania supporting strong energy savings legislation, launched a new statewide campaign, “How do you spell relief? HB 2200,” challenging all members of the Pennsylvania... 

Air Products’ Mobile Hydrogen Fueler Technology Backs New York and New Jersey National Hydrogen Tour ‘08 Stops

Air Products’ mobile hydrogen fueler technology is based at the Liberty Science Center in Jersey City, New Jersey for two days with good reason. It is fueling the hydrogen powered fuel cell vehicles of multiple automakers venturing into New York City and for an event at the Liberty Science Center tomorrow as part of the national Hydrogen Tour... 

Gloria Spire Solar Expands Mid-Atlantic Operations

Gloria Spire Solar, LLC, a photovoltaic (PV) solar systems integrator for businesses, municipalities, and utilities, today announced that it has opened a mid-Atlantic sales office to better support its customers, business partners, and prospects in the region. Gloria Spire also named Kevin Gibb national account manager. As head of the new office, Gibb... 

Foster Wheeler Awarded Conceptual & Basic Design of New Alcon Pharmaceutical Manufacturing Plant in Singapore

Foster Wheeler Ltd. announced today that its U.S. subsidiary, Biokinetics, Inc., along with Foster Wheeler’s Singapore office, both part of its Global Engineering and Construction Group, has been awarded a contract by Alcon Laboratories Inc. to provide engineering and architectural services for the conceptual and basic design of its new 250,000 square... 

PPL Electric Utilities to Offer Rate Phase-In Option to Customers

PPL Electric Utilities will offer its residential and small-business customers an option that will let them adjust gradually to higher electricity prices in 2010 by stretching out the expected increase over several years. The voluntary program will start in October. Customers will be able to enroll in this new payment option starting Aug. 27. “Higher... 

2008 Global Trends Conference to Focus on Critical Energy Issues

Several of the nation’s top energy experts and economists are slated to headline the seventh annual Global Market Trends Conference next month in Chicago, where they will lead three days of seminars and discussions on the most important emerging trends in technology today — alternative energy sources, green building, and the need for energy... 

Zebula Named Treasurer of American Electric Power

Charles E. Zebula has been named senior vice president and treasurer of American Electric Power, the company announced today. The change is effective Sept. 1. Zebula, 48, was previously senior vice president – fuel, emissions and logistics for AEP. In his new position, Zebula will be responsible for AEP’s treasury and investor relations... 

Exelon Nuclear Launches Texas Web Site

Exelon Nuclear today announced the launch of a new Texas-based Web site intended to keep the public updated and informed about the company’s proposed Victoria County nuclear plant. The Web site address is http://www.ExelonNuclearTexas.com. The Web site includes project updates, upcoming events, facts about the proposed project, facts about nuclear...