PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

SteelPath Fund Advisors Announces Annual Update Call for SteelPath MLP Funds

SteelPath Fund Advisors announced today a update call for institutional investors regarding the SteelPath MLP Alpha Fund the SteelPath MLP Income Fund , and the SteelPath MLP Select 40 Fund The Funds’ portfolio managers will review the market and fund performance for the year 2010. The call will be held on Thursday, January 27, 2011 at 3:30 p.m.... 

TransCanada: Bison Pipeline Begins Service Moving Natural Gas out of the Rockies

TransCanada Corporation today announced its Bison Pipeline became operational on Friday, January 14. The 303-mile (487-kilometre), 30-inch-diameter interstate pipeline has an initial capacity of 407 million cubic feet a day, all of which is currently under long-term contract. With additional compression, the pipeline is expandable to 1 billion cubic... 

Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Brookside Storage LLC Announces Nonbinding Open Season for Brookside Gas Storage Project

Brookside Storage LLC announced a nonbinding open season for storage services at its intrastate natural gas storage facility in Anderson County, Texas. Brookside is currently constructing the first of two solution-mined salt caverns that will provide 10 Bcf each of working gas storage capacity which have been approved for construction and operation... 

Atlas Copco to Supply Worlds First Floating LNG Plant

Atlas Copco has won a multi-million USD contract to supply six turboexpander compressors for a new type of application related to liquefied natural gas (LNG). The customer, Norway-based KANFA Aragon A.S., part of the Sevan Marine Group, will use the equipment for the world’s first floating natural gas liquefaction plant. Installed aboard a so-called... 

Plug Power to Supply More Than 200 GenDrive(tm) Fuel Cell Power Units to Central Grocers

Plug Power Inc. announced that Central Grocers, Inc. has purchased 220 GenDrive(tm) fuel cell units to power the entire lift truck fleet at their new distribution center. The center is currently under construction in Joliet, Illinois, and is expected to be operational by the end of the first quarter of 2009. Central Grocers chose the hydrogen fuel cell... 

Verari Financial Services (VFS) Group Announces Green Leasing Program

Verari Systems, a premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market, today announced its Green Leasing Program offered by its Verari Financial Services (VFS) Group. The VFS Green Leasing Program offers a comprehensive approach to...