DC consumer advocate files to appeal Exelon-Pepco merger Sandra Mattavous-Frye and her Washington Office of People’s Counsel have seen every side of the Exelon merger — some more than once. OPC opposed Exelon’s original proposal to buy Pepco back in 2014, saying the Chicago-based company did not promise enough benefits for residential ratepayers in its … Continue reading DC consumer advocate files to appeal #Exelon – #Pepco merger
Green energy growth fuels an urge to merge The planned marriage of Tesla Motors and SolarCity is causing a stir in energy markets, with two of the most innovative companies in electric cars and solar energy aiming to take a commanding lead in green energy in the U.S. But the combination is just one of … Continue reading #Green_energy growth fuels an urge to merge
SolarCity agrees to $2.6B buyout by Tesla olarCity has reached an agreement to be acquired by Tesla Motors in an all-stock deal valued at $2.9 billion that was first announced last month. The rooftop solar installer said the result of the merger would be the creation of the world’s first “vertically integrated sustainable energy company.” … Continue reading #SolarCity agrees to $2.6B buyout by #Tesla
PwC: Deal Value for Utility Sector Slows Down But Still Nearly $29 Billion in 2Q The news that Great Plains Energy will acquire Westar Energy in a $12.2 billion combination dominated the merger sector of the electric utility industry in 2016’s second quarter, according to accounting and consulting firm PwC’s report on M&A activity for … Continue reading Deal Value for Utility Sector Slows Down But Still Nearly $29 Billion in 2Q
NextEra merger dead, Hawaii turns to realizing a 100% renewables future NextEra never convinced regulators they could follow through on their clean energy goals. Can Hawaiian Electric? July 15, the Hawaii Public Utilities Commission rejected the application from Florida-based NextEra Energy to acquire Hawaiian Electric Industries (HEI), the parent company of the state’s dominant electric … Continue reading #NextEra merger dead, Hawaii turns to realizing a 100% renewables future
Verisk Analytics (VRSK) Enters Agreement to Acquire Greentech Media Verisk Analytics (NASDAQ: VRSK) announced it has signed a definitive agreement to acquire Greentech Media, Inc. (“Greentech Media”), an industry-leading information services provider for the next-generation electricity and renewables sector. Greentech Media will become part of Wood Mackenzie, a Verisk Analytics business, and will enable Wood … Continue reading #Verisk_Analytics (#VRSK) Enters Agreement to Acquire #Greentech_Media
After months of deliberation, state panel rejects $4B HECO-NextEra merger HONOLULU (HawaiiNewsNow) – The state Public Utilities Commission has rejected Florida-based NextEra’s proposed merger with Hawaiian Electric, saying the deal posed too many risks to ratepayers and the promised benefits were “inadequate and uncertain.” In a 2-to-0 decision announced Friday, the panel said pledges that … Continue reading After months of deliberation, state panel rejects $4B #HECO – #NextEra merger
Merger Partners Skipping Down the Aisles in Utility Land The utility industry vows to stay together til debt do us part, thank you. Mergers and acquisitions are all the rage once again in the power sector, according to numerous reports. Accounting and consulting firm EY (formerly Ernst & Young) recently noted that so far this … Continue reading Merger Partners Skipping Down the Aisles in Utility Land
Reckoning Near for Merger of Energy Transfer and Williams A year ago, Kelcy L. Warren, the chief executive of the pipeline giant Energy Transfer Equity, cast a long shadow even among the Texas wildcatting elite, with a personal fortune estimated at more than $7 billion. He is $4 billion poorer today as he scrambles to … Continue reading Reckoning Near for Merger of #Energy_Transfer and #Williams
The Top Trends Behind the Growing, Multibillion-Dollar Market for Utility Mergers and Acquisitions A look at the links between Exelon-Pepco, NextEra-HEI, and other large and small consolidations in today’s brave new energy world The two-year battle over Exelon’s bid to acquire Pepco is finally over. In March, Washington, D.C. regulators approved the Chicago-based utility company’s … Continue reading The Top Trends Behind the Growing, Multibillion-Dollar Market for Utility Merger s and Acquisitions
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