Category: Financial News

  • NV Energy Requests Bids for Major Addition to Renewable Energy Portfolio

    LAS VEGAS, Oct. 27, 2020 /PRNewswire/ — NV Energy today issued a request for proposals to add new renewable energy projects to its portfolio. This announcement follows the Public Utilities Commission of Nevada’s (PUCN) December 2019 approval of 1,190 megawatts of new solar energy and 590 megawatts of battery storage to be built in Nevada…

  • Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.905 per Common Limited Partner Unit

    BRENTWOOD, Tenn., Oct. 27, 2020 /PRNewswire/ — Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the third quarter 2020 of $0.905 per common limited partner unit, or $3.62 per common limited partner unit on an annualized basis. This distribution represents a 0.6% increase from the distribution for the second…

  • AES continues to accelerate the future of energy with the launch of a new brand and product offerings

    ARLINGTON, Va., Oct. 28, 2020 /PRNewswire/ — The AES Corporation (NYSE: AES) today launched a new brand to reflect its transformation as a leading energy company and announced product offerings to help organizations achieve their energy objectives. The company has aggressively led the world’s transition to cleaner energy and is executing an ambitious carbon reduction strategy.…

  • Georgia Power announces executive leadership moves

    ATLANTA, June 22, 2020 /PRNewswire/ — Georgia Power announced today several executive leadership moves and organization realignments. As the company continues to focus on investing in Georgia’s energy future, it is also continuously evolving to meet the changing needs of customers while delivering clean, safe, reliable, affordable energy to 2.6 million customers throughout the state.…

  • Vistra Commits $10 Million to Organizations Working for Social Justice and Equity

    Company’s multi-year commitment focuses on minority-owned small businesses, economic development, and educationIn addition, Vistra is engaging employees to talk about race in the workplace to further its diversity and inclusion policies and programs IRVING, Texas, June 22, 2020 /PRNewswire/ — Vistra (NYSE: VST) today announced that it is committing $10 million over the next five years…

  • Southern Company forms Southern Energy Resources group, names Cummiskey Group CEO

    ATLANTA, June 22, 2020 /PRNewswire/ — Southern Company today combined the leadership of three of its businesses – Southern Power, PowerSecure and Southern Holdings – under one CEO to optimize the needs of large commercial, industrial and municipal customers across the country. The company named Chris Cummiskey to the new position of Group CEO for Southern Energy Resources, and executive…

  • Reading Wind Facility in Kansas is Operational

    ATLANTA, June 22, 2020 /PRNewswire/ — Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. This project, Southern Power’s eleventh wind facility, is the first to be validated as a carbon offset project under…

  • Atlantic Power Corporation Announces Election of Directors and Results of Annual and Special Meeting of Shareholders

    DEDHAM, Mass., June 19, 2020 /PRNewswire/ — Atlantic Power Corporation (NYSE: AT) (TSX: ATP) (“Atlantic Power” or the “Company”) announced that the nominees listed in the management information circular and proxy statement for the 2020 Annual and Special Meeting of Shareholders (the “Annual Meeting”) held on June 17, 2020 were elected as directors of the…

  • Solar Frontier Americas Changes Name To Idemitsu Renewables

    SAN FRANCISCO, June 22, 2020 /PRNewswire/ — Solar Frontier Americas (SFA), announced it is changing its name to Idemitsu Renewables.  Idemitsu Renewables is the US-based renewable energy business of Idemitsu Kosan Co.,Ltd. (Idemitsu, pronounced “ee-deh-mee-tsu”), one of the largest energy companies in Japan, following the 2019 merger of Idemitsu and Showa Shell Sekiyu K.K. “The new…

  • Contura Announces Strategic Actions to Strengthen Financial Performance

    Kielty Mine to Idle Due to Market Conditions; Company Will Not Invest Capital to Build New Impoundment at the Cumberland Mine BRISTOL, Tenn., June 22, 2020 /PRNewswire/ — Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced strategic actions regarding two of its large properties that will allow the company to further strengthen…