Utilities

Two Constellation Energy Projects Win Awards

Constellation Energy announced today that the Association of Energy Engineers New England Chapter (AEE-NE) named two of the company's energy projects as the best in New England in 2010.
Constellation Energy's solar installation at Patriot Place was named the best renewable energy project in New England, and the energy conservation program implemented by Constellation Energy for Bristol Community College topped the list of energy projects at colleges in New England.

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Edison International (EIX)

Edison International declared a regular quarterly dividend in the amount of $0.315 per share payable April 30, 2010 to shareholders of record on March 31, 2010.
At today''s $32.74 stock price the dividend yield is 3.85%.

Feb 25 · 10:21:00 PM
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by Michael Oliveto

Dynegy (DYN)

Dynegy reported for the full year 2009 a loss of $1.247 billion, or $-1.52 per share, on sales of $2.468 billion. That compares to the prior year earnings of $174 million, or $.20 per share, on sales of $3.324 billion.
The net loss in 2009 was driven by asset and goodwill impairments, a net loss on asset sales, mark-to-market losses, debt extinguishment costs and lower interest income. GAAP results in 2008 included a net gain on asset sales and mark-to-market gains, partially offset by asset impairments.

Feb 25 · 9:24:00 PM · Source: Company Press Release
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by Michael Oliveto

Allegheny Energy (AYE)

Allegheny Energy declared a regular quarterly dividend in the amount of $.15 per share payable March 22, 2010 to shareholders of record on March 8, 2010.
At today''s $22.95 stock price the dividend yield is 2.61%.

Feb 25 · 9:06:00 PM
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by Michael Oliveto

NV Energy (NVE)

NV Energy has signed a 20-year power purchase agreement with a subsidiary of Ram Power Corporation for energy that will be produced by a new geothermal power plant under development in central Nevada.
Terms of the power purchase agreement, which is subject to approval by the Public Utilities Commission of Nevada, were not disclosed.

Feb 15 · 6:42:00 PM · Source: Eco Friend News
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by Michael Oliveto

Cleco Power (CNL)

Cleco’s new Rodemacher 3 unit is online and producing power, the Pineville company said in a news release.
Commercial operation of the $1 billion project located near Boyce will activate Cleco’s new rate plan approved by the Louisiana Public Service Commission in October 2009, the firm said. The plan allows for recovery of the unit’s costs and is the company’s first full rate restructuring in more than 20 years.

Feb 15 · 6:26:00 PM · Source: The Town Talk
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by Michael Oliveto

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