ITC Holdings named Krista Tanner as v.p. of ITC Holdings Corp. and president of ITC Midwest; Dean Seavers will be U.S. president and executive director at National Grid; CenterPoint Energy promoted three company executives; Darren Olagues, is expected to become president and CEO of Cleco; American DG Energy appointed Benjamin M. Locke as co-CEO; Ronald J. Tanski, president and CEO of National Fuel Gas Company, was elected chairman of the board of directors at Interstate Natural Gas Association of America; Appointment changes at several associations, and others...
The industry’s transformation has begun. Should the F40 transform too?
First Solar sold the 50-MW Macho Springs Solar Power Plant to a Southern Company subsidiary. DTE Energy purchased one of the Pheasant Run wind parks. Dominion acquired two stand-alone solar energy developments in southwest Tennessee. With asset sales by Suzlon Group, NextEra Energy Resources, and Strata Solar, and debt offerings by ITC Holdings and SunEdison.
Entergy and ITC Holdings mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC. The companies formally terminated the merger agreement and filed pleadings to withdraw the remaining transaction approval applications with Entergy's retail regulators, as well as the Missouri Public Service Commission and the Federal Energy Regulatory Commission. The companies originally announced the deal on Dec.
The dash to gas brings volatility in shareholder performance.
Fortnightly’s 2013 ranking of shareholder value performance shows substantial changes, with gas prices weighing on some utilities and elevating others.