Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

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... 

Energy Expert and Former Regulator Issues Statement on Oscar® Nominated Documentary Gasland

John Hanger, immediate past secretary of the Pennsylvania Department of Environmental Protection, former member of the Pennsylvania Public Utility Commission, and nationally-recognized expert on energy, the economy, and the environment, issued a statement today on his blog about the documentary “Gasland,” nominated for an Academy Award to be awarded... 

CMS Energy’s Utility Unit, Consumers Energy, Declares Quarterly Dividends on Preferred Stock

The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared regular quarterly dividends on both series of the utility’s preferred stock. The following dividends are payable April 1, 2011 to shareholders of record March 4, 2011: $1.04 per share on the $4.16 stock (NYSE:CMS_pa – News), and $1.125 per... 

Progress Energy CEO Johnson Urges Flexibility and Customer Protection in Implementing EPA Rules

The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance... 

NDR Energy Group Announces Record Sales of $31.58 Million for the Period Ending September 30

NDR Energy Group LLC, a natural and alternative energy company, and subsidiary of Universal Bioenergy Inc. a publicly traded company, reported record sales of $31,558,161 for the nine month period ending September 30, 2010. NDR Energy generated these strong sales in natural gas, in spite of the current weak economy. The sales also reflect a growing... 

Business and Environmental Groups Unite in Support of Climate Legislation

Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential... 

GDF SUEZ Energy North America Affiliate Completes Acquisition of FirstLight Power Enterprises, Inc.

GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power... 

Puget Sound Energy Purchases Mint Farm Power Plant

Puget Sound Energy last week completed the $240 million purchase of a 310-megawatt natural gas-fired power plant in Longview, Wash., the latest step in the utility’s long-range effort to ensure a reliable, cost-effective energy supply for its growing customer base in Western Washington. PSE signed an agreement in September to buy the 11-month-old... 

Tenaska Solar and Soltage Invest in Solar Energy Development

Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity... 

Consumers Energy Customers Urged to Keep Gas and Electric Meters Free of Snow, Ice

With wintry temperatures, cold and snow blanketing parts of Michigan, Consumers Energy is once again reminding its electric and gas customers to keep safety in mind by following some simple steps to keep their meters clear. One of the best ways customers can help ensure the safety of meter readers as well as the proper operation of natural gas and electric...