Utilities

Market News

AES Trust (AES)

Greenhouse Gas Services, a venture of GE Energy Financial Services and The AES Corporation announced it has expanded into renewable energy and into Canada by acquiring StormFisher Ltd.
The acquisition of Toronto-based StormFisher-which builds, owns, and operates projects in North America that turn food or agricultural byproducts into natural gas and electricity-enables Greenhouse Gas Services to grow in markets outside the U.S. and particularly where governments support renewable energy, such as Ontario. In the transaction, Denham Capital, an energy and commodities-focused private equity firm, becomes an investor in Greenhouse Gas Services by exchanging its stake in StormFisher for ownership in Greenhouse Gas Services. Greenhouse Gas Services will retain the StormFisher brand as its biogas business line. Other terms of the transaction were not disclosed.

Feb 9 · 4:02:00 PM · Source: Reuters
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto

Entergy (ETR)

Argus downgraded Entergy from Buy to Hold.

Dec 18 · 1:19:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Spectra Energy LP (SEP)

Oppenheimer downgraded Spectra Energy LP from Outperform to Perform.

Dec 17 · 8:52:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Potomac Electric Power (POM)

Wunderlich downgraded Potomac Electric Power Company from Buy to Hold.

Dec 17 · 8:50:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Southern Company (SO)

Soleil initiated coverage for Southern Co with a recommendation of Buy.

Dec 17 · 8:41:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Progress Energy (PGN)

Progress Energy Inc declared a regular quarterly dividend in the amount of $.62 per share payable February 1, 2010 to shareholders of record on January 11, 2010, ex-dividend date January 7, 2010.
At today's $41.10 stock price the dividend yield is 6.03%.

Dec 9 · 3:21:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Exelon (EXC)

Exelon's 867-megawatt Unit 2 at the Dresden nuclear power station in Illinois ramped up to 83% of capacity as of early Monday, the U.S. Nuclear Regulatory Commission said in a report.
The unit was operating at 24% power on Friday as it continued to exit a refueling outage begun in early November.

Dec 7 · 2:58:00 PM · Source: Reuters
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto

Entergy (ETR)

Entergy's 1,157-megawatt nuclear Unit 3 at the Waterford power plant in Louisiana ramped up to full power as of early Monday, the U.S. Nuclear Regulatory Commission said in a report.
The unit, which was shut on Oct. 19 for refueling, was operating at 16% of capacity on Friday.

Dec 7 · 2:56:00 PM · Source: Reuters
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto


Previous · Next
Copyright © 2010 MarketBeast.com.
All rights reserved.