Tags / Utility

M & A Tue Jul 22, 2008 @ 3:02pm neoform

biz.yahoo.com -- BELLEVUE, Wash. (AP) -- A settlement to clear the way for the takeover of Puget Sound Energy by Canadian and Australian investors was announced Tuesday. The agreement includes major utility customers, critics of the $7.8 million deal and the staff of the.. Read More

ECONOMY Tue Jul 1, 2008 @ 3:01pm neoform

biz.yahoo.com -- TETON VILLAGE, Wyo. (AP) -- Energy utility companies need regulatory and financial cooperation from state and federal governments to produce and distribute enough power for the West's growing population while also eliminating harmful carbon emissions, uti.. Read More

M & A Wed Jun 4, 2008 @ 3:01pm neoform

biz.yahoo.com -- PARIS (AP) -- Gaz de France said Wednesday its board approved a much-delayed merger with French utility Suez SA, a deal that would create France's second-largest electricity producer and Europe's largest gas importer and buyer. The board of the Franco-Be.. Read More

M & A Mon Mar 17, 2008 @ 12:01pm neoform

biz.yahoo.com -- HARRINGTON PARK, N.J.--(BUSINESS WIRE)--United Water, through its parent company, SUEZ Environment, announced today that it has signed an agreement to acquire Utility Service Company of Perry, GA. Utility Service Company is the nation’s leading water ta.. Read More

M & A Thu Mar 6, 2008 @ 3:01pm neoform

biz.yahoo.com -- BRUSSELS, Belgium (AP) -- The European Court of Justice on Thursday ruled against Spain's efforts to shield energy utility Endesa SA from a foreign takeover bid. The court ruled that Spain violated European Union antitrust rules because it did not obey E.. Read More

M & A Fri Feb 29, 2008 @ 9:01am neoform

biz.yahoo.com -- HELSINKI, Finland (AP) -- Nordic utility Fortum Corp. is acquiring a majority stake of up to 76 percent in the Russian power producer TGC-10, with an eye on full ownership in the long term, the company said Friday. "The acquisition is in line with Fortum.. Read More

ECONOMY Tue Feb 26, 2008 @ 12:01pm neoform

biz.yahoo.com -- TYNGSBORO, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, has hired Judith Judson as Dir.. Read More

ECONOMY Mon Dec 31, 2007 @ 12:00pm neoform

biz.yahoo.com -- DULUTH, Minn. (AP) -- Minnesota Power, which is owned by real estate and utility company Allete Inc., said Monday it requested a rate increase for its wholesale customers with the Federal Energy Regulatory Commission. The request applies to the company's.. Read More

M & A Wed Dec 26, 2007 @ 9:00am neoform

biz.yahoo.com -- BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua America, Inc. announced today that its Indiana subsidiary has purchased Western Hancock Utilities, LLC, a wastewater utility serving an area east of the City of Indianapolis at a price of just over $5 million. “The.. Read More

M & A Sat Dec 15, 2007 @ 12:01pm neoform

biz.yahoo.com -- JEFFERSON CITY, Mo. (AP) -- A Kansas City power company pledged Friday come up with a more consumer-friendly plan to buy a rival utility as the state's consumer advocate urged that the deal be denied because of secret meetings between utility executives a.. Read More

M & A Wed Oct 24, 2007 @ 12:00pm neoform

biz.yahoo.com -- MADRID, Spain (AP) -- Spanish power utility Iberdrola SA on Wednesday posted a 22 percent increase in third-quarter net profit, and said it was targeting at least 3.5 billion euros ($4.99 billion) in net profit for 2010, driven by an average annual 11 per.. Read More

M & A Wed Oct 10, 2007 @ 3:00pm neoform

biz.yahoo.com -- CONCORD, N.H. (AP) -- New Hampshire's largest electric company is supporting FairPoint Communications' bid to take over Verizon's land telephone lines in northern New England. Public Service Company of New Hampshire and FairPoint have reached an agreemen.. Read More