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  • July 29- Power producer NextEra Energy Inc said it agreed to buy bankrupt Texas power company Energy Future Holdings Corp's stake in Oncor Electric Delivery Co in a deal valued at about $18.4 billion. The deal will give NextEra access to the largest network of power lines in Texas. NextEra said the agreement to buy Energy Future would be filed in a Delaware court...

  • NextEra Energy Inc. said it was buying Oncor Energy Delivery Company from parent firm Energy Future Holdings, which entered bankruptcy in 2014 facing more than $40 billion in debt fueled by low energy prices. The company said the deal will cover all debt associated with Energy Future Holdings' control of Oncor, which supplies power to more than 3 million people...

  • July 29- Power producer NextEra Energy Inc said it agreed to buy bankrupt Texas power company Energy Future Holdings Corp's stake in Oncor Electric Delivery Co in a deal valued at about $18.4 billion. The deal will give NextEra access to the largest network of power lines in Texas. NextEra said the agreement to buy Energy Future would be filed in a Delaware court...

  • *UK government to review plan by early autumn. Fall in UK power price makes project more expensive. LONDON, July 29- Britain has cast doubt on a $24 billion project with French utility EDF to build the UK's first new nuclear plant in decades, delaying a final decision on the plan just weeks after the Brexit vote ushered in a new prime minister.

  • July 29- Power producer NextEra Energy Inc said it agreed to buy Energy Future Holdings Corp as well as the bankrupt Texas power company's stake in Oncor Electric Delivery Co in a deal with an enterprise value of about $18.4 billion. The deal will give NextEra access to Oncor, the operator of the largest network of power lines in Texas which it had tried to acquire...

  • July 29- Power producer NextEra Energy Inc said it had agreed to buy reorganized Energy Future Holdings Corp and its stake in Oncor Electric Delivery Co in a deal with enterprise value of about $18.4 billion. Energy Future, the largest power company in Texas, filed for bankruptcy on April 29, 2014, in one of the largest ever bankruptcies in the United States.

  • PARIS— A major nuclear power project in Britain is facing more hurdles as the government announced an unexpected delay and unions at EDF, the French energy firm that will build the plant, argued it would be so expensive as to put the company itself at risk. Three major French unions said in a statement Friday "we know the success conditions are not all met" for the...

  • July 29- Power producer NextEra Energy Inc said it had agreed to buy reorganized Energy Future Holdings Corp and its indirect stake in Oncor Electric Delivery Co in a deal with enterprise value of about $18.4 billion. The agreement will be filed as part of the restructuring of Energy Future, currently before the Delaware bankruptcy court, and it is designed to...

  • LONDON, July 29- Britain's new government has cast doubt over a project with French energy company EDF to build the UK's first new nuclear plant in decades, delaying a decision on the plan just a day after the company's board voted to proceed. Although EDF and Chinese partner China General Nuclear are responsible for the up-front costs of the project, Britain has...

  • LONDON, July 29- Britain is to launch a new review into a project led by French energy company EDF to build two new nuclear reactors, which would be the country's first new nuclear plant in decades. The 18 billion-pound nuclear reactors carry commercial risks for both France and Britain. EDF will assume the up-front costs, which unions say could jeopardize the...

  • Board votes 10-7 in favour of Hinkley Point- source. *Hinkley Point a priority for French, UK governments. PARIS, July 28- The board of French utility EDF on Thursday narrowly voted to proceed with a controversial project to build two nuclear reactors in Hinkley Point, Britain- the country's first new nuclear plant in decades.

  • July 28- California's power grid operator extended its call for consumers to conserve electricity into Thursday as a heat wave continued to bake the state, especially the inland cities. The ISO forecast that demand would reach 46,888 megawatts on Thursday and 46,274 MW on Friday as some inland cities like Sacramento and Fresno top out at around 110 degrees...

  • PARIS— French energy company EDF Thursday gave the green light to a major nuclear power plant project in southwest England that some consider too costly, including one board member who announced his resignation. As the company's board met throughout the day, unions argued that the 24- billion-euro cost of the Hinkley Point project could put the company at risk.

  • NOVI, Mich. _ ITC Holdings Corp. on Thursday reported second-quarter profit of $70.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • July 27- California's power grid operator issued an alert urging consumers to conserve electricity on Wednesday as a heat wave baked the state, especially in the north. AccuWeather forecast that temperatures in San Jose, the third biggest city in California, would reach 93 degrees Fahrenheit on Wednesday and 89 on Thursday after hitting 94 on Tuesday.

  • ALBANY, N.Y.— New York state committed last year to generating half of its energy from renewable sources by the year 2030.. On Long Island, regulators will soon vote on a plan to authorize the largest offshore wind farm in the United States. In Albany, the state's Public Service Commission is considering a series of big subsidies for upstate nuclear power plants to...

  • SPARKS, Nevada, July 26- Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday. While some analysts have questioned how profitable the Model 3 will be, Musk on Tuesday said he expects the car to generate $20...

  • ABU DHABI, United Arab Emirates— The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its...

  • CHEYENNE, Wyo.— Aiming to develop new export markets for a fuel source hit by declining domestic demand, Wyoming Gov. Mead said he expects a conference will take place in Wyoming, the nation's largest coal-producing state, within a year that would allow Japanese researchers to work on coal issues with researchers from the University of Wyoming School of Energy...

  • Solar energy ordinarily wins praise from groups that want to cut greenhouse gases, but a proposed solar project at a defunct Long Island nuclear power plant has stirred outrage because it requires demolishing 350 acres of woodlands. Alex Hobson, a spokeswoman for a Solar Energy industry group in Washington, D.C., declined to comment on the Long Island proposal,...