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...
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...
Detroit Edison officials submitted to the U.S. Nuclear Regulatory Commission a Combined License Application for a possible new nuclear power plant at the site of the company’s existing nuclear plant near Newport, Mich. “It is satisfying to reach this significant milestone, which is necessary if we are to maintain the option of building a...