Fortis Inc. to Acquire CH Energy Group, Inc. for US$1.5 Billion
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ST. JOHN--S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 02/21/12 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that it has entered into an agreement to acquire CH Energy Group, Inc. ("CH Energy Group") (NYSE: CHG) for US$65.00 per common share in cash, for an aggregate…
CORRECTION FROM SOURCE: Corix Utilities to Acquire Utilities, Inc. From Highstar Capital
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NORTHBROOK, ILLINOIS -- (Marketwire) -- 02/20/12 -- The Corix release is being retransmitted because the original sent out on February 20, 2012, at 1:00 PST, had incomplete information in the final paragraph.Corix Utilities ("Corix") announced today that it has entered into a definitive agreement to acquire 100% of…
Corix Utilities to Acquire Utilities, Inc. From Highstar Capital
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NORTHBROOK, ILLINOIS -- (Marketwire) -- 02/20/12 -- Corix Utilities ("Corix") announced today that it has entered into a definitive agreement to acquire 100% of the membership interests in Hydro Star, LLC ("Hydro Star") from Highstar Capital Fund II, L.P. and certain of its affiliates and co-investors ("Highstar"). Hydro…
Nanosolar Secures $20 Million in New Funds
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Investment to Fuel New Solar Plants and Growth Follows on Heels of Recent Projects and Milestones…
California Water Service Group Schedules Fourth Quarter and Year-End 2011 Earnings Results Announcement and Teleconference
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SAN JOSE, CA -- (Marketwire) -- 02/16/12 -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end earnings results will be released after the market-close on Wednesday, February 29, 2012, and its teleconference will be held at 11:00 a.m. EST on Thursday, March 1,…
Con Edison of New York Declares Preferred Stock Dividends
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NEW YORK, NY -- (Marketwire) -- 02/16/12 -- Consolidated Edison Company of New York, Inc. (CECONY) today declared the following quarterly dividends on its outstanding shares of preferred stock, payable May 1, 2012, to stockholders of record as of April 11, 2012:CECONY is a subsidiary of Consolidated Edison,…
Vectren Corporation Reports 2011 Results; Issues Guidance for 2012
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EVANSVILLE, IN -- (Marketwire) -- 02/15/12 -- Vectren Corporation (NYSE: VVC) today reported net income for the year ended Dec. 31, 2011, of $141.6 million, or $1.73 per share, compared to net income of $133.7 million, or $1.65 per share in 2010.Utility earnings were $122.9 million, or $1.50…
In the Edison Tradition: Con Edison Engineers Honored for Transmission Reliability Research
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NEW YORK, NY -- (Marketwire) -- 02/14/12 -- Five Con Edison engineers have won high-powered honors for their research to improve the transmission of high-voltage electricity.The Electric Power Research Institute (EPRI) named the engineers winners of its Technology Transfer Award. The engineers worked with experts from EPRI, a…
Korea Electric Power Corporation Announces Acquisition of Common Shares of Strathmore Minerals Corp.
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SEOUL, KOREA -- (Marketwire) -- 02/10/12 -- On February 10, 2012, Korea Electric Power Corporation ("KEPCO") acquired from treasury 14,586,182 common shares ("Common Shares") of Strathmore Minerals Corp. ("Strathmore") at a price of $0.55 per Common Share for total consideration of $8,022,400.10 pursuant to a share subscription agreement…
Integrys Energy Group, Inc. Declares Dividend on Common Stock
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CHICAGO, IL -- (Marketwire) -- 02/09/12 -- The Board of Directors of Integrys Energy Group, Inc. (NYSE: TEG) has declared a quarterly dividend of $0.68 per share on common stock, payable on March 20, 2012, to shareholders of record February 29, 2012. Integrys Energy Group has paid a…