Michael Worms News
-
NextEra Energy Inc.’s flagship utility Florida Power & Light won state approval today for a $350 million electricity rate increase and above-average return on equity after last-minute concessions to regulators.
-
Northeast Utilities , New England’s largest utility owner, agreed to buy energy-delivery company NSTAR for $4.17 billion of stock, adding cash flow to help fund expansion and increase the dividend .
-
FirstEnergy Corp. fell after a report that engineers discovered cracks in the concrete shell of its Davis-Besse nuclear plant.
-
Constellation Energy Group Inc. , the Baltimore-based power producer, signed an agreement to become the $1.1 billion “price to beat” for U.S. Power Generating Co. ’s five Boston-area power plants.
-
The $99 trillion U.S. natural-gas industry, led by Exxon Mobil Corp . and Chesapeake Energy Corp ., is prepared for a surge in demand as Japan ’s nuclear crisis shakes confidence in atomic energy, executives said.
-
FirstEnergy Corp. , which completed a $4.7 billion takeover of Allegheny Energy Inc. in February, rose after utilities agreed to pay four times more than last year for access to power generation in seven states.
-
NextEra Energy Inc., the largest generator of wind and solar power in North America, said fourth- quarter profit more than doubled as its wind turbines produced more electricity.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page