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Salt River Project

Digest

DOE funds B&W to develop and license small modular reactor technology; Panda awards 758-MW combined cycle contract to Bechtel; AEP picks Open Systems International to manage SPP and PJM generation assets; GDF Suez teams up with Viridity Energy for DR services; NRG and PJM go live with University of Delaware V2G project; Minnesota Power energizes new substation serving taconite mine; FP&L completes 4.5-million smart meter rollout; plus contracts and announcements from Duke, FirstSolar, Iberdrola, SRP, ABB, Elster, Siemens, and others.
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Transactions (April 2013)

February was a quiet month for debt issues, with asset sales and equity issues dominating the market. Deals by NextEra, Sempra, SRP, Dominion, TransCanada, and others totaled at least $2.4 billion.
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SRP Acquires Half of Sempra Gas-Fired Plant

Submitted by aburr on Fri, 2013-03-08 14:11

Sempra U.S. Gas & Power sold one 625-MW block of its 1,250-MW Mesquite gas-fired power plant to Salt River Project (SRP) for $371 million. In addition to 100-percent ownership of the 625-MW power block, SRP gained a 50-percent undivided interest in plant facilities. Sempra retains ownership of the power plant’s remaining 625-MW power block and 50-percent interest in the plant facilities. As part of the transaction, Salt River Project will become the operator of the Mesquite facility.

Digest

(January 2013) Dominion Virginia Power contracts Alstom for HRSGs at 1,300-MW Brunswick County station; Entergy acquires KGen plants; San Diego Gas & Electric installs new outage management system; ChargePoint enters reseller agreement with Service Solutions; Saft to install battery storage project at High Wind project in Saskatchewan; NRG’s eVgo finalizes plans for California charging network; plus contracts and announcements from ABB, ADT, Elster, Itron, ElectroIndustries, Opower, Panasonic, FirstEnergy, PacifiCorp, and others.

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