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Sale


U.S. Announces First Sale of Rights for California Offshore Wind Development
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The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would hold the…


Gas Exploration and Production Company to Buy Gas-Fired Power Plant in Texas

BKV Corp., a privately held natural gas exploration and production company headquartered in Denver, Colorado, said it will purchase the Temple 1 power plant in Temple, Texas. The deal, valued…


Peak Power Insolvency Brings Generators to Market

Material changes to the UK peak power and capacity markets sector has resulted in 3 major reserve power facilities becoming insolvent. As a result, 44MW of standby power generator assets…


FirstEnergy Wants Out of Competitive Power Markets

FirstEnergy Corp.—one of the nation’s largest investor-owned electric utilities, serving customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York—has made the strategic decision to exit the competitive…


Two Deals Shake Up Northeastern Power Landscape
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TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from…