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Business 2005 P1
JMAR granted $400K additional funding to support DMEA semiconductor operations
JMAR Technologies Inc. announced its microelectronics division has been awarded additional funding under an existing letter subcontract from GDAIS in the amount of $400,000.
Dynegy completes effort of ending legacy power tolling arrangements
Termination of Sterlington Toll eliminates approximately $755 million in future capacity payments.
Mandated smart metering is good for customer: study
Increased usage in smart metering technology will create new opportunities for energy retailers to provide customers with innovative pricing, predicts Energy Insights study.
FuelCell Energy's power plant sold to Japanese ceramics manufacturer
Sale of DFC300A power plant to be integrated with ceramics kiln to significantly reduce carbon dioxide emissions and provide energy cost savings.
FPL Group and Constellation Energy to merge
$28 billion transaction expected to be immediately accretive to earnings, will create a FORTUNE 100 company.
Progress Energy investing $1 mill in alternative energy technology
Progress Energy announced a commitment of $1 million to Microcell Corp., a Raleigh-based company working to bring commercially available fuel cell applications to industrial, commercial and consumer markets.
Dick Kelly named chairman of Xcel Energy board
Richard C. (Dick) Kelly, president and chief executive officer of Xcel Energy, has been elected chairman of Xcel Energy Inc.'s board of directors. Kelly replaces Wayne H. Brunetti, who retires as chairman of the board this month.
Entergy Corp. to make public offering of equity units
Entergy Corp. announced plans to offer $500 million of equity units, subject to market conditions. Entergy Corporation will use the net proceeds to repay debt incurred under its $2 billion five-year revolving credit facility which expires in May 2010.
Regulators order $42 million rate increase for OG&E
With the rate hikes, the average Oklahoma residential electric bill is estimated to increase by about $3 per month.
Riverside Public Utilities to use KUBRA for online customer account management
KUBRA has signed an agreement with Riverside Public Utilities to provide e-billing, e-payment and customer self-service solutions.
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