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...
If a recent national poll is any indication, home energy improvements stand to take a big hit in the coming year. The survey released last week by the Shelton Group, indicates federal energy saving incentives and rebates were the primary motivating factor behind Americans decisions to make energy efficiency changes to their homes. This news comes just...
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...
Over the past two days, teams of UGI and Pennsylvania Public Utility Commission investigators have been working at the site of the Allen Street explosion. Late last evening, a video scope was inserted into the gas main on Allen Street between 13th and Mercer. The main has been shut down since the February 9 explosion and has been the focus of our investigation...
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...
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...
Tendril, a leading energy platform company, and Whirlpool Corporation , the world’s leading appliance maker, unveiled a relationship that sets the stage for the rollout of smart home appliances in the U.S. The Tendril platform has the capability to support millions of smart appliances in homes across America. Tendril will provide the back-end...
American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Friday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. The...
Pennichuck Corporation today announced that last night, January 11, 2011, the Board of Aldermen of the City of Nashua, New Hampshire (“City”) approved and ratified, by more than a two-thirds majority vote, the Merger Agreement between the City and the Company and the issuance of bonds to finance the acquisition. The actual vote was 14 in...
Entergy Corporation today announced that effective immediately Renae Conley is formally assuming the responsibilities of executive vice president, human resources and administration, completing a management transition first announced last summer by Chairman and Chief Executive Officer J. Wayne Leonard. Conley, who was named executive vice president-designate,...