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... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Estrakon Launches New Product Line at GlobalShop 2011

Estrakon, Inc., will officially launch its new Krystal Frame edge-lit LED product line at GlobalShop 2011 — at the Sands Expo and Convention Center in Las Vegas next month, Booth # 656. Krystal Frame features open-edge, glowing displays that are lightweight, thin, energy-efficient and elegant. “The non-animated Krystal Frame expands the... 

CLEAResult Partners with General Catalyst to Power Growth

CLEAResult, a national energy optimization firm headquartered in Austin, Texas, today announced a significant capital investment from General Catalyst, a venture capital and private equity firm based in Cambridge, Mass. CLEAResult, which ranked 144th on Inc. Magazine’s list of the 500 fastest growing companies in 2010, designs and implements... 

Cyclone Power Technologies Successfully Completes R&D Project for Raytheon Company

Cyclone Power Technologies Inc. has successfully completed a third phase of performance tests of its heat-regenerative external combustion engine for Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company. The tests verified by Raytheon demonstrated that Cyclone’s prototype, water-cooled “Stingray” engine achieved thermal efficiencies... 

Support for Online Service Programs Growing

In today’s fast-paced high-tech world many companies are looking to use technology to make life simpler and more convenient for their customers. If MXenergy’s new online customer service programs are any indication, customers are highly appreciative. MXenergy, one of the nation’s leading independent energy providers, now offers multiple... 

Viridian Energy Brings Affordable Clean Energy to the Big Apple

Viridian Energy, a leading provider of affordable, green retail energy, today announced the launch of its services in New York City and the surrounding area. Viridian’s NYC launch is the most recent expansion in the company’s rapid growth and development, which includes ten markets in five states in just 17 months. Entrance into the nation’s single... 

U.S. Leads Ranking of Top 25 Countries for Global Biofuels Production Capacity

The U.S. concluded 2010 as the top renewable ethanol producing country, according to the Global Biofuels Outlook to 2020, recently released from Hart Energy Consulting’s Global Biofuels Center (GBC). With more than 51 billion liters (13.47 billion gallons) of ethanol production capacity in operation, the U.S. is by far the leader, with South America’s... 

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... 

John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...