Energy News

One of region’s biggest environmental firms to be acquired

Keystone Clearwater Solutions, one of the region’s largest environmental firms serving the oil and gas industry, is being acquired. 

American Water Works Co. Inc. (NYSE: AWK), the parent company of Pennsylvania American Water, has signed an agreement with SC Water LLC to purchase the utility’s membership interest in Keystone Clearwater.  Financial terms of the deal weren’t announced but American Water said the deal will likely close by the end of the year.

The deal also includes a strategic…

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Energy News

EXCLUSIVE: One of region’s biggest environmental firms to be acquired

Keystone Clearwater Solutions, one of the region’s largest environmental firms serving the oil and gas industry, is being acquired. 

American Water Works Co. Inc. (NYSE: AWK), the parent company of Pennsylvania American Water, has signed an agreement with SC Water LLC to purchase the utility’s membership interest in Keystone Clearwater.  Financial terms of the deal weren’t announced but American Water said the deal will likely close by the end of the year.

The deal also includes a strategic…

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Energy News

Nashville firm to build massive solar plant for Facebook in Georgia

Nashville-based Silicon Ranch has agreed to build a 107-megawatt solar project to power a Facebook data center in Newton County, Georgia.

Silicon Ranch, the U.S. solar platform for Shell and one of the largest independent solar power producers in the country, contracted with Walton Electric Membership Corporation to build the solar facility in Denton, Georgia.

Walton EMC has an agreement to supply 100% renewable energy for Facebook’s data center. 

On behalf of Facebook and Walton EMC, Silicon…

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Energy News

American Water selling New York operations for $608M

Camden-based American Water is divesting part of its business in the Empire State.

The company said Wednesday it has agreed to sell its regulated operations in New York state to Canadian energy company Algonquin Power & Utilities Corp.’s Liberty Utilities for $608 million.

In a statement, American Water CEO Susan Story said the decision to sell was “very difficult” since American Water (NYSE: AWK) has operated in the state for more than 130 years.

“After a careful and comprehensive analysis,…

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Energy News

Duke Energy appealing SC rate-case rulings tied to coal-ash recovery costs

Duke Energy Carolinas and Duke Energy Progress are taking their arguments that the S.C. Public Service Commission’s orders on their most recent rate cases were arbitrary and unconstitutional to the State Supreme Court.

Last month, the PSC declined to reconsider the utilities’ challenges to a number of issues. The two utilities contend that the commission improperly barred their recovery to more than $800 million in coal-ash clean-up costs.

Each also says the commission had no grounds to reduce…

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Energy News

St. Louis company buys closed Ameren plant in Illinois

St. Louis-based Environmental Liability Transfer (ELT) has acquired the closed Meredosia Power Station from Ameren Energy Medina Valley Cogen LLC, a wholly-owned subsidiary of Ameren Corp.

ELT declined to share terms of the deal but the transaction included real estate assets and the assumption of legacy environmental liabilities associated with the site, officials said. The company will oversee the plant’s decommissioning, demolition, environmental remediation and site redevelopment.

The plant,…

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Energy News

APS to offer refunds to thousands of customers on rate plan data mix-up

The state’s largest utility plans to issue refunds to thousands of customers who chose a rate plan based on what appears to be incorrect data.

Arizona Public Service Co. will offer the refunds to roughly 12,000 customers who relied on the company’s comparison tool to determine which rate plan would save them money. The tool, however, was taken down after it was discovered that it did not have the correct information, according to the Arizona Republic.

The data led some customers to select rate…

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Energy News

APS to offer refunds to thousands of customers on rate plan data mixup

The state’s largest utility plans to issue refunds to thousands of customers who chose a rate plan based on what appears to be incorrect data.

Arizona Public Service Co. will offer the refunds to roughly 12,000 customers who relied on the company’s comparison tool to determine which rate plan would save them money. The tool, however, was taken down after it was discovered that it did not have the correct information, according to the Arizona Republic.

The data led some customers to select rate…

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