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Coal
Ownership Shakeup at Colstrip Coal Power Plant
NorthWestern Energy said it will file an application with the Montana Public Service Commission for pre-approval to acquire Puget Sound Energy’s (PSE’s) 25% interest in Colstrip Unit 4, which is a 740-MW coal-fired boiler. The price? $1. “Securing more capacity for only a $1 investment is a unique opportunity that helps give us the time […]
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Coal
Agreements Solve Power Problem in Michigan, Move Wisconsin Energy’s Acquisition of Integrys Forward
Michigan Gov. Rick Snyder announced a series of deals designed to eliminate a costly utility rate payment in the state’s Upper Peninsula (UP), while providing long-term, cost-effective energy reliability for the region. The solution was developed through four principle agreements. In one, the electric utility businesses now owned by We Energies and Integrys (doing business […]