27th Annual Exnet Power and Gas M&A Symposium
Submitted by jcole on Tue, 2013-11-19 14:09For over 25 years, the SNL Exnet Power and Gas M&A Symposium has been the go-to event in the power M&A space. CEOs, major investment bankers, leading attorneys and top regulators will be on hand to examine how changes in the power value chain are affecting growth. This year kicks off Jan. 27 with a special pre-conference workshop, hosted by ScottMadden, Inc. The core program then begins on the 28th.
Maui Electric Company Selects Greenlots' SKY Network to Manage Public Electric Vehicle Charging Station
Submitted by aburr on Fri, 2013-11-15 14:16Maui Electric Company selected Greenlots, a global provider of open standards-based technology solutions for EV networks, SKY network management solution to manage the first open access public charging station on Maui.
ProEnergy Appoints Athanasia and Kingsley as New Executives
Submitted by aburr on Fri, 2013-11-15 14:15ProEnergy named Charlie Athanasia as its COO and Craig Kingsley as its v.p. of turbine services. Prior to joining ProEnergy, Athanasia served as v.p. of Alstom’s thermal services business in North America. Kingsley has over twenty years of experience in the heavy industrial turbine market, including positions at Dresser-Rand, Turbine Generator Maintenance, Leading Edge Turbine Technologies, Sulzer (Hickham Industries) and General Electric.
Apex CoVantage to Install Meters for AEP Ohio
Submitted by aburr on Fri, 2013-11-15 14:15AEP Ohio, a subsidiary of American Electric Power, named Apex CoVantage as its installation partner for the upcoming, system-wide AMR deployment. In this role, Apex will provide upgrades to electric meters throughout the utility's service territory. Leveraging ProField, Apex's proprietary ERP system for mobile workforce optimization, AEP Ohio will gain full control and visibility over operations. AMR meters are being introduced to the AEP Ohio service territory in an effort to increase reading percentages and enhance data security.
Emerson to Automate Two 1,050 MW Units at South Korea Power Plant
Submitted by aburr on Fri, 2013-11-15 14:14Emerson Process Management, a business of Emerson, will install its Ovation control system at two 1,050-MW coal-fired power generating units under construction at the Taean thermal power plant in South Korea. Ovation technology will be installed at five of South Korea’s six largest coal-fired power plants. The $11 million contract was awarded by Daelim Industrial Co. Ltd., one of South Korea’s largest construction firms and is expected to come online in 2016.
Alterra Completes Revised PPA for Jimmie Creek Hydro and Acquires 100% of Project
Submitted by aburr on Fri, 2013-11-15 14:13Alterra completed an amendment of its PPA for the 62-MW Jimmie Creek run-of-river hydroelectric project. Under the agreement, the Jimmie Creek project will sell 100% of its power to BC Hydro for 40 years commencing in August 2016. Alterra has also agreed to purchase the 49% project stake currently held by an affiliate of General Electric Energy Financial Services. Upon closing of this transaction, Alterra will own 100% of the Jimmie Creek project. All first nations agreements and environmental permits for Jimmie Creek are in place.
Allete Clean Energy to Purchase Wind Energy Facilities in Three US states
Submitted by aburr on Fri, 2013-11-15 14:12ALLETE Clean Energy signed an acquisition agreement to purchase wind farms in Minnesota, Iowa and Oregon from The AES Corporation in early 2014 and has also signed an option agreement to acquire a fourth wind energy facility in Pennsylvania in mid-2015. Under the acquisition agreement, ALLETE Clean Energy would acquire AES’ position in operating wind energy projects in Lake Benton, Minn., Storm Lake, Ia., and Condon, Ore. with a total output of 231 MW for $27 million. All three wind farms to be acquired have PPAs in place for their entire electric output.
Landis+Gyr Completes Agreement with CPS Energy for 700,000 Advanced Meters
Submitted by aburr on Fri, 2013-11-15 14:11Landis+Gyr established an agreement with CPS Energy to supply advanced residential electric meters for the utility's grid modernization effort. Landis+Gyr will provide 700,000 E-350 FOCUS advanced meters with shipments beginning early in 2014. The meter upgrade project is anticipated to take four years. In addition to metering technology, Landis+Gyr is operating a direct load control program at CPS Energy. The utility is using virtual peak plant software and load control devices from Landis+Gyr to verify and measure energy savings from conservation events.