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June 23, 2001 | From Times Wire Reports
Connecticut Gov. John Rowland vetoed the bitterly contested "Sooty Six" bill aimed at forcing the state's oldest and most-polluting power plants to reduce emissions. The bill had been debated for four years as environmentalists and the electric power industry squared off. "This is one of the more difficult decisions I've had to make as governor over the last seven years," Rowland said. "There's no one in Connecticut that does not want clean air."
March 18, 1987 | LILY ENG
Ultrasystems Inc., an Irvine-based high-technology company and power plant builder, has signed an agreement under which Sanwa Business Credit Corp. of Chicago will finance the manufacturing and installation of Ultrasystems' mini-power plants for commercial and industrial buildings.
July 9, 2003 | From Times Wire Reports
A federal judge ruled Tuesday that two power plants built three miles south of the U.S.-Mexico border may continue operating for at least another year, rejecting requests from environmentalists who sought to close them. In a 33-page ruling, U.S. District Judge Irma Gonzalez refused to revoke permits that allow power to be sent into the United States from the plants operated by Sempra Energy and InterGen near Mexicali, Mexico.
May 16, 2001 | From Bloomberg News
Calpine Corp. said Tuesday that it will build a $500-million power plant in Michigan and buy two plants in Canada to boost electricity sales. Calpine will build a plant in Berrien County, Mich., about 60 miles northeast of Chicago, near high-capacity transmission lines and natural gas pipelines needed to fuel it. The San Jose-based company said the 1,030-megawatt plant will begin operation in 2004. The company also agreed to buy Westcoast Energy Inc.'
November 7, 2001 | Bloomberg News
Calpine Corp., a developer of power plants, said it bought partner Bechtel Group Inc.'s half of a California electricity-generation venture for $154 million in cash. Calpine also will assume $141 million in debt in the deal. Bechtel's share of the venture will add about 1,000 megawatts, or enough power to light about 750,000 homes, to Calpine's generator capacity in the San Francisco Bay Area.
May 23, 2001
Your editorial, "A United Defense" (May 21), only touches upon a workable solution. Let the state build as many power plants as it wants, let the independent producers do the same and then let the rates be set by competition among them all. But it remains that more facilities must be completed, and more basic energy (natural gas) must be acquired. Power lines don't generate anything. And tell me how much more specific (realistic) conservation steps will conserve in megawatts. (Sport-utility vehicle targeting is divergent.
May 15, 2003 | From Times Staff and Wire Reports
NRG Energy Inc. of Minneapolis filed for Chapter 11 bankruptcy protection to restructure more than $9.2 billion of debt taken on building and buying power plants, including some in California. Like many independent power producers, NRG has been teetering on the edge of a bankruptcy filing for months after missing interest payments to bondholders and defaulting on bank loans. The bankruptcy filing by NRG, a subsidiary of Xcel Energy Inc.
March 26, 1998 | Nancy Rivera Brooks
Southern California Edison said it received $43 million for its Ormond Beach generating station in Oxnard, the last of the 12 gas-fired power plants that Edison was ordered to sell as part of the restructuring of the state's electricity industry. The sale to Houston Industries Power Generation of Houston is scheduled to close June 1. The Oxnard plant is the fifth Edison power plant purchased by Houston Industries since November. In all, Rosemead-based Edison has received $1.
December 24, 2002 | From Times Wire Reports
Some small power plants that burn agricultural waste and rely on state subsidies may close next year owing to state budget cuts. Called biomass plants, they make electricity by burning orchard or vine prunings. They produce 95% less pollution than open-field fires in the San Joaquin Valley, which is among the dirtiest air basins in the nation. Area air regulators say biomass plants prevent seven tons of particle pollution from getting into the valley's air each day.
August 22, 2002 | Bloomberg News
Duke Energy Corp., the second-largest U.S. utility owner, stopped work on two Western power plants worth $550 million because they wouldn't be profitable enough amid an expected decline in electricity prices. The plants in Deming, N.M., and Satsop, Wash., were being built by Duke/Fluor Daniel, a construction venture with Fluor Corp., Duke Chief Financial Officer Robert Brace said. He added that a decision on the projects will be made within weeks.
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