Chase Collum
The Rolling Hills Generating Station, a facility controlled by US buyout firm Tenaska, is nearing conversion to a combined-cycle and peaking plant in order to meet expected future demand in the PJM market.
The US asset manager is set to buy two more Texas-based wind projects owned by the French utility later this year.
Tenaska joins long-time partner Sorenson Capital in backing Suncrest Solar’s mission to provide clean, residential energy.
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With a lack of megadeals and a drop in average deal value, Q4 closed as the weakest of 2014 in terms of deal value and second-weakest in terms of volume.
Combined free cash flow per share increased 54.2 percent for the quarter and 18.6 percent year over year.
Regaining ground lost last fall, the Alaska Permanent Fund returned 3.2% for the second quarter of fiscal 2015, bringing year-to-date returns up to 1.9%.
While there is general agreement among Montana’s political leadership that a major infrastructure spending package is needed, a common ground is lacking on how it should be funded.
Four bidders remain under consideration to design, build and partially finance the state’s highest priority infrastructure project.
In line with First Reserve’s long-term succession plan, Alex Krueger was appointed as the company’s new co-CEO and president on Monday.
After six years of 32 short-term extension measures, US DOT head Anthony Foxx appeals to Congress to enact a long-term surface transportation funding bill.