FirstEnergy Cuts Sale Price in Revised Deal to Shed Assets
Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along with a hydroelectric facility, to an equity group that specializes… Read More
 
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Cyberattack Campaign Is Aimed at Disrupting Energy Sector Operations, Security Firm Warns
A group has launched a new wave of cyberattacks aimed at severely disrupting operations in the European and North American energy sectors, IT security firm Symantec warns. Dragonfly, a group that has been in operation since at least 2011, has… Read More
 

Bechtel In, Fluor Out as Vogtle Construction Continues
Georgia Power’s plan to continue construction of its Vogtle nuclear expansion project comes with changes among the contractors, with Bechtel taking over the lead and Fluor Corp., which has long served as a subcontractor, on its way out. Both companies… Read More
 
Sempra Gets OK from Bankruptcy Court for Acquisition of Oncor
Sempra Energy’s proposed $9.45 billion acquisition of an 80% ownership interest in Oncor Electric Delivery Co. has been approved by a U.S. bankruptcy court. But the company still needs approval from Texas regulators, which have blocked two previous attempts by… Read More
 
Utilities Prepare as Hurricane Irma Approaches Florida
Utility workers from across the country have been in Texas in the wake of Hurricane Harvey, and crews are now staging in Florida in preparation for Hurricane Irma as the storm crosses the Caribbean, with officials expecting property damage and… Read More
 
DOE Rolls Out Funding for Turbines, Solid Oxide Fuel Cells
The U.S. Department of Energy (DOE) is kicking off September with a couple of significant funding announcements. The department announced September 6 the selection of 16 projects to receive a combined total of more than $10 million in funding to… Read More
 
 
   

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