All new vehicles will be electric by 2025 on economics rather than a green revolution, entrepreneur and author Tony Seba told a Nomura investment forum.
TransCanada said on Monday the Sur de Texas- Tuxpan pipeline project would be built through a joint venture with a unit of Sempra Energy and be backed by a 25- year transportation service contract with Mexico's state-owned power company. Spectra Energy Corp said on Monday its unit won a contract to build and operate a $1.5 billion natural gas pipeline in Texas,...
June 13- Canadian pipeline operator TransCanada Corp said on Monday it will build and operate a $2.1 billion natural gas pipeline in Mexico, as the company continues to ramp up its presence in the Latin American country's large gas market. The company, which also has other existing projects in Mexico, said its investment in the country now tops $5 billion.
LONDON, June 13- China Three Gorges, which operates the world's largest hydropower plant on China's Yangtze river, will buy German offshore wind park Meerwind from U.S. buyout firm Blackstone, the companies said on Monday. The deal, signed during a visit by German Chancellor Angela Merkel to China, has German government approval despite growing controversy over...
WASHINGTON, June 9- The merger of pipeline companies Energy Transfer Equity LP and Williams Companies has been approved with conditions, the U.S. Federal Trade Commission said on Thursday. The commission said it would approve the merger on condition that the companies agree to sell Williams' 50 percent stake in an interstate natural gas pipeline that serves...
*Shares sold in top half of range, valuing firm at $15 bln. COPENHAGEN, June 9- Shares in DONG Energy jumped more than 10 percent on Thursday after the Danish utility and wind farm developer pulled off Europe's biggest stock market flotation this year. At 1140 GMT, the stock was trading at 261 crowns, defying a 1 percent drop in Europe's blue-chip stock index.
*Shares sold in top half of range, valuing firm at $15 bln. COPENHAGEN, June 9- Shares in DONG Energy jumped as much as 10 percent on Thursday after the Danish utility and wind farm developer sealed the biggest European stock market flotation this year. The firm has major projects in Britain and Germany, including the 1.2 gigawatt Hornsea 1 which will become the...
June 9- DONG Energy set its valuation at 98 billion Danish crowns ahead of its stock market debut in Copenhagen on Thursday, making it the largest company to list in Europe this year. The utility and offshore wind farm developer said it priced the shares at 235 DKK each when trading begins at 0700 GMT. The valuation will make DONG the sixth largest company in Denmark,...
June 9- In February of 2001, then California Governor Gray Davis stood at the site of Calpine Corp's new Sutter natural gas power plant and unveiled his plan to fast-track construction of similar stations to add 20,000 megawatts of modern, efficient generation to the state in three years. Natural gas, Davis said, was "the most environmentally friendly, clean,...
Great Plains Energy, the parent of regulated utility Kansas City Power & Light, said it would buy rival Westar Energy for $8.6 billion.
Orange County, still paying off debt from its 1994 bankruptcy filing, hopes to issue its first long-term bond sale in nearly a decade.
Tesla Motors' Model 3, a $35,000 electric car with a minimum range of 215 miles per charge, will start production in 2017, CEO Elon Musk said.
Anna-Marie Baisden, head of autos analysis at BMI Research, talks about the challenges facing Tesla as it brings its latest electric car to market.
Mark Lewis, managing director at Barclays, talks about the challenges facing utility companies in the energy sector.
Toby Thompson, fund manager at Brooks Macdonald Funds, says dividend cuts by commodities companies such as Rio Tinto were sensible.
Ignacio Galán, chairman and CEO of Iberdrola, discusses his company's earnings and conditions in the Spanish economy.
Steve Bolze, GE Power & Water president & CEO, weighs in on global power needs and the massive capital needed to build out the infrastructure.
Next PV wants to capture solar energy with balloons.
Southern Company President, Chairman and CEO Thomas Fanning, weighs in on whether a situation where the power grid goes down is realistic in the U.S.
Manoj Bhargava, founder and CEO of Living Essentials, explains how his Free Electric bikes help to power whole households.