Ferus announces new northern CO(2) facility

Ferus Inc. is pleased to announce that it is constructing a new state-of-the-art carbon dioxide (“CO(2)”) liquefaction plant in Fort Saskatchewan, Alberta. The facility’s location in north-central Alberta will enable Ferus to efficiently deliver liquid CO(2) to developing energy resource plays in north-western Alberta and north-eastern... 

Energi Holdings Completes Acquisition of the Conifer Energy Division of Conifer Insurance Agency, Inc.

Energi Holdings Inc. announced that it has completed the purchase of substantially all of the assets of Conifer Insurance Agency, Inc. The terms of the transaction were approved unanimously by both the Energi and Conifer Boards of Directors. The terms of the transaction are not disclosed at this time. The transaction provides the merged companies with... 

Accelerated Decommissioning Projects Delayed by Nation’s Financial Crisis

The financial crisis that is impacting the United States and world markets will delay EnergySolutions’ ability to accelerate the decommissioning of identified nuclear power plant assets, a key growth initiative of the company. The company is now estimating net income in the range of $0.50 to $0.60 per share, based on 88.3 million fully diluted... 

Michigan Generating Plant Acquisition Announced

A company managed by Tenaska Capital Management, LLC (Tenaska Capital) has entered into an agreement with MACH Gen, LLC to acquire New Covert Generating Company, LLC, the owner of the Covert Generating Plant located near South Haven, Michigan. The Covert facility is a 1,100-megawatt, natural gas-fueled combined-cycle generating plant that sells power... 

Vattenfall Acquires AMEC Wind Energy ltd

Vattenfall AB, the fifth largest electricity generator in Europe, today announced the acquisition of 100% of AMEC Wind Energy Limited (‘AMEC Wind’), a major UK developer of commercial wind farms for cash consideration of around 126.6 million GBP (equalling about 1.6 billion SEK or 160 million EUR). This move positions Vattenfall to further expand... 

Eaton Elects Reed Senior Vice President – Supply Chain Management

Diversified industrial manufacturer Eaton Corporation announced that Craig Reed has been elected senior vice president – Supply Chain Management. Reed will report to Richard D. Holder, executive vice president – Eaton Business System. In this role, Reed will be responsible for global sourcing and supply chain management. He will be based in Cleveland,... 

American Electric Power Selects Ventyx Enterprise Asset Management Solution

Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced that American Electric Power, the largest electricity generator in the United States, has committed to upgrade their enterprisewide work management and supply chain systems to the latest version of Asset Suite from Ventyx. AEP is one of... 

Roper Industries Acquires Technolog, Leading UK Provider of Products and Services for Water, Gas and Electricity Markets

Roper Industries, Inc. announced that it has acquired Technolog, a UK-based end-to-end solutions provider for network monitoring, pressure management, automatic meter recording (AMR) and smart metering solutions. Technolog, which will become part of Roper’s RF Technology segment, designs, manufactures and supplies specialty electronic products... 

William Blair & Company Publishes Two Reports on the Energy Industry

William Blair & Company, L.L.C. announced the publication of two comprehensive reports on the energy industry—one covering alternative power generation, titled “Next-Generation Energy Technology,” and the other focusing on replacement fuels and alternative transportation, titled “Alternative Energy in the Transportation Sector: Fossil Fuels... 

Raven Biofuels Forges Strategic Alliance With Biomass Feedstock Experts at Price BIOstock

Raven Biofuels International Corporation announce a strategic alliance with Price BIOstock Services, a division of Arkansas-headquartered The Price Companies, Inc. (www.thepricecompanies.com), with the stated intent towards the development of definitive agreements on a project by project basis. With over 40 years of operating history and $450,000,000...