Fuel Systems Solutions, Inc. Enters Into Agreement to Acquire Alternative Fuel Systems (2004) Inc.

Fuel Systems Solutions, Inc. through its wholly owned subsidiary IMPCO Technologies, Inc. and Alternative Fuel Systems announced that they have entered into a support agreement pursuant to which IMPCO has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of AFS for Cdn.$0.50 in cash per share (the “Offer”).... 

Solar Universe Names Steven L. Yeffa CFO

Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial... 

Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund... 

W2 Modifies the SunFilter 1 Reactor to Operate 300% More Efficiently on New Algae Strain

W2 Energy, Inc., a clean energy company is pleased to announce that as of March 1, it has converted the SunFilter 1 algae reactor to use Euglena Gracilis, a more efficient strain of algae. The Euglena Gracilis strain of algae grows in fresh water rather than saltwater, and can sequester 40% of the carbon dioxide dissolved in the water. The previously... 

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... 

MarkWest Energy Partners Closes Public Offering of $300 Million of 6.5% Senior Notes Due 2021

MarkWest Energy Partners, L.P. (NYSE:MWE – News) and its subsidiary MarkWest Energy Finance Corporation announced today the closing of a public offering of $300,000,000 of 6.5% senior unsecured notes due 2021 (the “Notes”) at par. The Partnership intends to use the net proceeds from the Notes offering to purchase later today $272,205,000 aggregate... 

Venoco, Inc. CFO to Speak at Conference

Venoco, Inc. announced that Tim Ficker, CFO, will be speaking at the J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami on Monday, February 28, 2011 beginning at 4:40 PM Eastern Time. The company will be posting presentation slides after market-close on Friday, February 25, 2011, on the Investor Relations page of the company’s... 

Alpha Natural Resources and Massey Energy Agree to $8.5 Billion Combination

Alpha Natural Resources, Inc. and Massey Energy Company announced today that they signed a definitive agreement under which Alpha will acquire all outstanding shares of Massey common stock, subject to customary closing conditions including stockholder approval of both companies. Under the terms of the agreement, Massey stockholders will receive, at... 

SonnenEnergy Corp. Announces Receipt of Notice of Cancellation of Mietkauf Contracts (the “Hire Purchase Agreements”)

SonnenEnergy Corp. announces that Hypo Group (Alpe Adria) has given notice of cancellation of its Hire Purchase Agreements with the Company’s subsidiary, SonnenEnergie GmbH, pursuant to which the photovoltaic installations situated at Tutzing, Habach, Hechendorf and Waldstetten in Germany were financed, alleging default of payment by SonnenEnergie... 

Dominion Promotes Daniel A. Weekley to Vice President-Government Affairs

Daniel A. Weekley has been promoted to vice president-Government Affairs for Dominion. Weekley is responsible for the company’s federal, state and local government relations. He reports to Robert M. Blue, senior vice president-Law, Public Policy & Environment, and is based in Richmond. “Dan brings with him experience across almost all...