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Energy News

KIUC launches new charitable program

Kauai Island Utility Cooperative, a not-for-profit generation, transmission and distribution cooperative owned by its 33,000 members, recently announced that members can now make monthly gifts toward local causes on Kauai.

This month, KIUC Charitable Foundation launched the Makana Program, a new initiative for members to participate in giving to those in need in the community. Donations received through the program will be given to the Foundation and shared via grants with nonprofits on Kauai.…

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Energy News

Bankruptcy court OKs Kinder Morgan’s deal to buy Southcross pipeline network

Houston-based Kinder Morgan Inc. (NYSE: KMI) has been approved as the buyer of a pipeline network owned by Dallas-based Southcross Energy Partners LP.

The U.S. Bankruptcy Court for the District of Delaware approved the sale on Oct. 22, according to a Nov. 6 press release.

Kinder Morgan Tejas Pipeline LLC will buy Southcross Energy’s natural gas pipeline network in Corpus Christi, Texas, for $76 million. That deal is expected to close in November.

Separately, Magnolia Infrastructure Holdings,…

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Energy News

Council members: Is JEA even allowed to sell itself?

City council members clashed with the city lawyers on Wednesday over whether JEA even has the authority to pursue privatization.

During the council’s first workshop to examine the privatization process, Council member Randy DeFoor pushed General Counsel Jason Gabriel on whether the procurement systems allowed JEA to pursue a sale.

“I have never seen a procurement process used to sell oneself,” said DeFoor, who is national agency counsel with Fidelity National Title Group. “Can you explain…

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Energy News

Regulators back underground power line plans

Despite objections from attorneys for utility customers, the Florida Public Service Commission on Tuesday continued moving ahead with plans for carrying out a new law that supporters say will help make the state’s electric system better able to withstand hurricanes.

The state Office of Public Counsel, which represents consumers, asked the commission to reconsider two proposed rules that would carry out the law, which passed during the spring legislative session and has been touted as a way to…

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Energy News

Yolo County alliance continues pursuit of $300 million bid for PG&E assets

Davis-based Valley Clean Energy maintains that its $300 million offer to buy Pacific Gas & Electric Co.’s electric assets in Yolo County is fair — and still on the table.

Last month, the local power provider for the cities of Davis and Woodland and unincorporated Yolo County sent a letter to PG&E (NYSE: PCG) offering to buy its generation and distribution assets in the county.

Last week, PG&E answered Valley Clean Energy, saying in a letter that its assets were not for sale, and if they were,…

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