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Diversified Utilities
[$$] Exelon Offers Extension In NRG Bid (at The Wall Street Journal Online)
Thu, 8 Jan 2009 03:39:25 Etc/GMT
Exelon Extends Deadline in NRG Bid (at TheStreet.com)
Wed, 7 Jan 2009 22:53:02 Etc/GMT
Nearly 46 percent of NRG shares tendered to Exelon (AP)
Wed, 7 Jan 2009 18:19:46 Etc/GMT
Nearly half of the shares of power generator NRG Energy Corp. have been tendered to electric utility Exelon Corp. as part of Exelon's unsolicited $6.3 billion takeover attempt of NRG that would create the nation's largest power company, Exelon said Wednesday.
NRG shareholders tender 46% of stocks to Exelon (at MarketWatch)
Wed, 7 Jan 2009 13:32:17 Etc/GMT
Feds fine nuke plant operator $65K over guard naps (AP)
Wed, 7 Jan 2009 13:07:58 Etc/GMT
Federal regulators proposed a $65,000 fine Tuesday against the owner of a Pennsylvania nuclear plant where security guards routinely napped on the job.
Former Westar CEO to report to prison Wednesday (AP)
Wed, 7 Jan 2009 13:03:24 Etc/GMT
An attorney for David Wittig says the former Westar Energy Inc. CEO is heading back to prison to complete his sentence for bank fraud.
Initial Tender Outcome of Nearly 46% Signals Strong Shareholder Support for Exelon-NRG Deal (Business Wire)
Wed, 7 Jan 2009 13:00:00 Etc/GMT
CHICAGO----Exelon Corporation announced today that as of the close of business on January 6, 2009, shareholders had tendered 106,338,942 shares of common stock of NRG Energy, Inc. in the exchange offer, which represents just over 45.6% of all outstanding shares of NRG common stock.
Recessionary gifts: utility gift card sales jump (AP)
Tue, 6 Jan 2009 21:12:00 Etc/GMT
With luxury and electronic goods posting double-digit sales declines over the holiday season, shoppers still rung up warmth and good cheer in a spate of recession-inspired buying.
NRC proposes $65K over napping nuke plant guards (AP)
Tue, 6 Jan 2009 20:44:24 Etc/GMT
Federal regulators are proposing a $65,000 fine against the operator of a Pennsylvania nuclear power plant where security guards routinely napped on the job.
Utilities say sales of gift cards for bills are up (AP)
Tue, 6 Jan 2009 20:28:54 Etc/GMT
THE GIFT OF WARMTH: During a holiday season tainted by recession, utility companies reported a boost in programs that enable gift-givers to pay the gas and electric bills of friends, relatives or families.
Whats Old is New Again as Con Edison Partners with Hydrodec to Re-refine Used Transformer Oil (Business Wire)
Tue, 6 Jan 2009 19:06:00 Etc/GMT
NEW YORK----Hydrodec today announced an agreement with Consolidated Edison Company of New York in which Hydrodec will re-refine a minimum of 450,000 gallons of used transformer oil each year for three years and convert it to SUPERfine™ Oil, the world’s first commercially recycled transformer oil.
Hearings set for proposed SC nuclear reactors (AP)
Tue, 6 Jan 2009 18:22:41 Etc/GMT
Federal regulators will hold public meetings this month to discuss environmental issues related to South Carolina Electric & Gas Co.'s proposal to build two nuclear reactors in Fairfield County.
South Carolina utility's gas rates keep falling (AP)
Tue, 6 Jan 2009 16:19:55 Etc/GMT
Natural gas rates for South Carolina Electric & Gas customers are going down again. The utility says its purchased gas prices will fall just over 1 percent in January, which should mean a $1.43 savings for the average customer.
PNM Resources Announces Tender Offer for Portion of Senior Notes (Business Wire)
Tue, 6 Jan 2009 00:42:00 Etc/GMT
ALBUQUERQUE, N.M.----PNM Resources today announced the commencement of a modified “Dutch Auction” tender offer for a portion of its outstanding 9.25% Senior Notes, Series A, due 2015 .
Ameren nuclear plan triggers debate over funding (AP)
Mon, 5 Jan 2009 20:18:53 Etc/GMT
Missouri's largest electric utility is considering building a second nuclear reactor in mid-Missouri, and that means lawmakers will be considering how to pay for it during the 2009 session that starts Wednesday.
Scana Drops Below Support (Zacks.com)
Mon, 5 Jan 2009 19:34:47 Etc/GMT
Unitil Announces Exercise of Over-Allotment Option by Underwriters (PR Newswire)
Mon, 5 Jan 2009 17:56:00 Etc/GMT
Unitil Corporation today announced that its underwriters partially exercised their over-allotment option to purchase an additional 110,000 shares of its common stock in connection with its previously announced public offering that priced on December 10, 2008.
Unitil puts ice storm damage at $10M (at bizjournals.com)
Mon, 5 Jan 2009 17:05:18 Etc/GMT
At Peco HQ, cutting power needs is a breeze (at bizjournals.com)
Fri, 2 Jan 2009 20:05:20 Etc/GMT
PECO Increases Wind Energy Purchase for Philadelphia Headquarters (Business Wire)
Fri, 2 Jan 2009 15:29:00 Etc/GMT
PHILADELPHIA----As part of its ongoing environmental commitment PECO today announced a three-year, 4,050 megawatt hour per year purchase of wind energy for its Main Office Building at 23rd and Market Streets in Philadelphia.
 
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