CenterPoint Energy to acquire rival natural gas utility Vectren for $6bn

(adsbygoogle = window.adsbygoogle || []).push({}); Energy acquisition news : US electric and natural gas utility CenterPoint Energy has struck a deal of about $6 billion to acquire its rival natural gas utility Vectren. CenterPoint acquisition of Vectren is expected to result in a top energy delivery, infrastructure and services company catering More...

by businessnewstoday | Published 12 hours ago
By businessnewstoday On Sunday, April 15th, 2018

EBRD, Green Climate Fund support Qairokkum hydropower plant rehabilitation

Tajikistan’s state-owned power utility Barki Tojik has secured a funding of $88 million from the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) for the rehabilitation More...

By businessnewstoday On Friday, April 6th, 2018

BHEL wraps up NHPC’s Kishanganga hydro power plant in Jammu & Kashmir

BHEL has fully commissioned the INR5783.17 crore ($864 million) Kishanganga hydro power plant in Jammu & Kashmir, owned by NHPC, by placing the third 100MW unit into operations. The three units, each of 110MW, More...

By businessnewstoday On Wednesday, April 4th, 2018

EnergyAustralia to acquire Ecogen Energy’s gas-fired power plants

Energy acquisition news : EnergyAustralia has agreed to acquire Ecogen Energy, the owner of the 510MW Newport gas-fired power plant and the 440MW Jeeralang gas-fired power plant, for AUD 205 million ($157.38 million). The More...

By businessnewstoday On Tuesday, April 3rd, 2018

Total, Sonatrach start production from Timimoun gas project in Algeria

Oil and gas industry news : Total, Sonatrach and Cepsa have started production from the Timimoun gas project in Algeria, almost nine years after the approval of its development plan by the Algerian National Oil More...

By businessnewstoday On Saturday, March 31st, 2018

Innergex’ 200MW Flat Top wind farm in Texas begins operations

Wind industry news : Innergex Renewable Energy, a Canadian renewable energy developer and its partner BlackRock Real Assets have placed the 200MW Flat Top wind farm in Texas into service. Located near Priddy, the More...

By businessnewstoday On Monday, March 26th, 2018

Unit 1 of NTPC Lara super thermal power plant in Chhattisgarh begins operations

Indian power utility NTPC has put the first unit of the first stage of the 4GW Lara super thermal power plant in Chhattisgarh into operations. The first stage of the Lara super thermal power plant, located in Lara, More...

By businessnewstoday On Thursday, March 22nd, 2018

Burns & McDonnell to construct 128MW gas fired power plant in New Orleans

Burns & McDonnell has been selected by Entergy New Orleans as the EPC project manager for its New Orleans Power Station, a new 128MW gas fired power plant to be built in New Orleans, Louisiana. Entergy New Orleans More...

By businessnewstoday On Wednesday, March 21st, 2018

BHEL commissions first unit of Kishanganga hydro power plant in J&K

Bharat Heavy Electricals Limited (BHEL) has commissioned the first 110MW unit of the 330MW Kishanganga hydro power plant in Jammu & Kashmir being developed by NHPC. The Kishanganga hydro electric project (HEP) More...

By businessnewstoday On Tuesday, March 20th, 2018

Aecon’s AFDE Partnership wins $1.22bn contract for BC Hydro Site C project

Aecon in consortium with Flatiron Constructors Canada, Dragados Canada, and EBC (together called as the AFDE Partnership) has bagged a major contract of CAD 1.6 billion ($ 1.22 billion) for BC Hydro Site C project More...