San Francisco on June 4 hired a financial advisor as it considers buying distribution assets from the beleaguered utility Pacific Gas & Electric, which filed for voluntary bankruptcy protection in January as it faced more than $30 billion in liabilities stemming from 2017 and 2018 wildfires that burned many thousands of acres and destroyed thousands of structures.
Calpine subsidiary Mission Rock Energy Center LLC has terminated its application to build a new gas plant in Ventura County, Calif., citing changing state policies.
Duke Energy will decommission its Crystal River nuclear plant in Florida about 50 years earlier than planned under an agreement with Accelerated Decommissioning Partners.
A federal judge has rejected the Tennessee Valley Authority’s motion to dismiss a breach of contract claim brought by Nuclear Development LLC, which has an agreement to purchase the partially completed two-unit, 1,260-MW Bellefonte nuclear plant in Alabama.
Energy developer Anbaric in May signed a $650-million agreement with an affiliate of Commercial Development Co. to develop a renewable-energy center at a former coal plant in Somerset, Mass.
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