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BUSINESS
January 5, 2002 | Bloomberg News
PG&E Corp., the owner of California's largest utility, has agreed to pay Public Service Enterprise Group Inc. $61.7 million in outstanding electricity bills. PG&E will make monthly payments of principal and interest through year's end, Newark, N.J.-based Public Service said in a statement. The power was supplied by Public Service's California affiliates from Dec. 1, 2000, to April 6, 2001.
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BUSINESS
January 5, 2002 | Bloomberg News
PG&E Corp., the owner of California's largest utility, has agreed to pay Public Service Enterprise Group Inc. $61.7 million in outstanding electricity bills. PG&E will make monthly payments of principal and interest through year's end, Newark, N.J.-based Public Service said in a statement. The power was supplied by Public Service's California affiliates from Dec. 1, 2000, to April 6, 2001.
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BUSINESS
June 5, 2001 | From Reuters
A California unit of Public Service Enterprise Group agreed to sell up to 430 megawatts of electricity to the state's Department of Water Resources under a 10-year contract, the company said Monday. GWF Energy said power deliveries are expected to begin in September when its 90-megawatt "peaker" plant goes online in Hanford in California's Central Valley. The company owns or operates seven small power units in the state and plans to build two more in the Central Valley.
BUSINESS
June 5, 2001 | From Reuters
A California unit of Public Service Enterprise Group agreed to sell up to 430 megawatts of electricity to the state's Department of Water Resources under a 10-year contract, the company said Monday. GWF Energy said power deliveries are expected to begin in September when its 90-megawatt "peaker" plant goes online in Hanford in California's Central Valley. The company owns or operates seven small power units in the state and plans to build two more in the Central Valley.
BUSINESS
April 14, 1999 | From Times Wire Services
Sempra Energy, the San Diego-based parent of Southern California Gas Co. and San Diego Gas & Electric, said Tuesday that it will join with a New Jersey utility to buy Chile's third-largest electricity company. Sempra and Public Service Enterprise Group of Ridgewood, N.J., said their international subsidiaries will jointly buy 90% of Chilquinta Energia for $830 million--$510 million in equity and $320 million in debt.
BUSINESS
September 26, 2000 | Dow Jones
Duke/Fluor Daniel, a joint venture of Fluor Corp. in Aliso Viejo and Duke Energy Corp. in Charlotte, N.C., said Monday it has received a contract for engineering and procurement services at a Ridgefield, N.J., power plant. Financial terms of the deal with PSEG Power LLC, a unit of Public Service Enterprise Group, were not disclosed. Duke/Fluor said in a news release that PSEG's new plant is a 500-megawatt, natural gas-fired facility at its Bergen generating station in Ridgefield.
BUSINESS
April 13, 2001 | Bloomberg News
Duke/Fluor Daniel, one of the largest power-plant builders, has won contracts to design and build five power plants in Ohio, Georgia, Arkansas and Arizona. Terms weren't disclosed Thursday. The construction company, a joint venture between Fluor Corp. in Aliso Viejo and Duke Energy Corp. in Charlotte, N.C., got a contract from PSEG Power LLC to design and build a gas-fueled power plant in Waterford Township, Ohio, that will be able to produce 865 megawatts, Duke Energy said.
BUSINESS
March 30, 2000 | From Times wire reports
Fifteen major U.S. utilities--including California utilities Edison International, Sempra Energy and PG&E Corp.--said Wednesday that they are plugging into the hot online trend of forming an Internet-based business-to-business marketplace. The utilities said they are teaming to form a procurement exchange that is expected to cut purchasing costs while providing the owners with a profit.
WORLD
March 13, 2010 | By Borzou Daragahi
The government of Yemen and the Arab world's two top news channels are embroiled in a fight over broadcast equipment, underscoring concerns about censorship in the troubled Arabian Peninsula nation. Al Jazeera and Al Arabiya said Friday that security officials stormed their offices in the capital, Sana, on Thursday and seized expensive equipment because of their stations' coverage of growing unrest in Yemen's south, according to reports on their websites. Al Arabiya also said its bureau chief was briefly detained.
BUSINESS
February 22, 2010 | By Jim Tankersley
At a time when the U.S. economy is desperate for jobs and investment in future growth, a slew of clean-energy projects are on hold largely because of political stalemate in Washington. With President Obama's energy and climate proposals bottled up in Congress, business leaders say they cannot tell what direction government policy will take on a variety of issues, including new energy taxes, tougher emissions standards for factories and vehicles, and guaranteed markets for start-up wind and solar power plants.
BUSINESS
April 14, 1999 | From Times Wire Services
Sempra Energy, the San Diego-based parent of Southern California Gas Co. and San Diego Gas & Electric, said Tuesday that it will join with a New Jersey utility to buy Chile's third-largest electricity company. Sempra and Public Service Enterprise Group of Ridgewood, N.J., said their international subsidiaries will jointly buy 90% of Chilquinta Energia for $830 million--$510 million in equity and $320 million in debt.
BUSINESS
December 21, 2004 | From Associated Press
Exelon Corp. is acquiring Public Service Enterprise Group Inc. in a $12-billion stock deal that would create the nation's largest power generation company with customers in Illinois, New Jersey and Pennsylvania. "We will be the company that keeps over 18 million people warm in the winter, and cool in the summer," John W. Rowe, chairman and chief executive of Exelon, said Monday in announcing the deal that will create Exelon Electric & Gas.
NATIONAL
October 24, 2009 | Jim Tankersley
President Obama, citing a global competition for development of clean-energy alternatives to oil, insisted today that the United States must win that race and called on Congress to enact legislation also intended to curb climate change. "The nation that wins this competition is going to be the nation that leads the world," Obama told an audience at one of the nation's premier research universities in Massachusetts. "And I want America to be that nation -- it's that simple." Obama praised "a legacy of innovation" that "taps into something that is essential about America."
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