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Business 2008 P3



FERC conditionally approves Puget energy merger with ring-fencing provisions
FERC conditionally approved a $7.4 billion merger between Puget Energy Inc. and an international investment consortium led by the Macquarie Group.

SCADAgroup acquires Adaptive Instruments Corp.
SCADAgroup announced further expansion of their lineup of product and service companies with the acquisition of Adaptive Instruments Corp.

Brookfield Infrastructure increases ownership in Chilean transmission operations
Brookfield Infrastructure announced they have increased their ownership in the Chilean transmission company Transelec Chile S.A.

Great Plains Energy to sell Strategic Energy
Direct Energy to acquire 100 percent of Great Plains Energy subsidiary for $300 million in cash.

New report from ABS Energy Research reveals surge in global T&D market
The newly released 7th Edition of the ABS T&D Report states that the global T&D market surged in 2007 and should remain strong for the next five years.

Brookfield Renewable Power completes acquisition of Minnesota hydroelectric facility
Brookfield Renewable Power announced that it has completed the previously-announced acquisition of the Twin Cities hydroelectric facility from Ford Motor Co.

FERC accepts settlement in PJM market monitor case
FERC accepted the uncontested settlement involving market monitoring activities at the PJM Interconnection.

FERC accepts PJM tariff revisions to address volatility, risk
FERC has accepted two of three proposals by the PJM Interconnection LLC to revise its credit policy regarding financial transmission rights in the wake of defaults by Power Edge LLC in PJM's market.

FERC orders hearing to address Ninth Circuit remand
FERC ordered a hearing into whether any individual public utility sellers' violations of market-based rate reporting requirements led to unjust and unreasonable rates for buyers in California's 2000-2001 energy market.

Consultancy reports world solar PV market growth of 62 percent in 2007
World solar photovoltaic market installations reached a record high of 2,826 MW in 2007 said a report issued by a solar energy consultancy.

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