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Tag Archives: electricity

Fluor Helping Restore Power in Eastern Puerto Rico Under USACE Contract

TYSONS CORNER, VA, Nov. 20, 2017 — Fluor (NYSE: FLR) has completed a project with the U.S. Army Corps of Engineers on the construction of a power line in Puerto Rico in efforts to restore electricity in the U.S. territory following Hurricane Maria, ExecutiveBiz reported Friday. The company said Thursday the …

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Bechtel, BWXT to Develop Small, Modular Nuclear Reactors

TYSONS CORNER, VA, March 8, 2016 — Bechtel has partnered with BWX Technologies to build a small modular nuclear reactor for certification by the Nuclear Regulatory Commission as part of the Generation mPower project, ExecutiveBiz reported Monday. Bechtel said Friday it will provide engineering, construction and program management services while BWXT will provide …

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DLA Taps Apex Clean Energy for $497M Renewable Electricity Supply Contract

Apex Clean Energy Holdings has secured a potential $497.3 million contract from the Defense Logistics Agency to supply the U.S. Army with electricity derived from off-site wind and on-site solar energy production facilities over a nearly 30-year period. DLA Energy in Fort Belvoir, Virginia, awarded the firm-fixed-price contract through a competitive procurement process with …

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Greenleaf Power to Buy Plainfield Renewable Energy Plant From Leidos

Biomass power plant operator Greenleaf Power has agreed to purchase a renewable energy power plant in Plainfield, Conn. from Leidos (NYSE: LDOS) for an undisclosed sum, nearly one-and-a-half years after Leidos took ownership and operational responsibility of the facility. Greenleaf Power expects to complete the purchase of Plainfield Renewable Energy later this year and the …

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Exelon, Pepco Seek Regulatory Approval for Merger; Chris Crane Comments

Exelon Corp. (NYSE: EXC) and Pepco Holdings Inc. (NYSE: POM) have filed approval applications with regulators in Delaware, D.C. and New Jersey for their proposed merger. The companies intend to combine their electric and gas utilities into an electric and gas business in the mid-Atlantic, Exelon said Wednesday. “We are …

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Exelon Signs $7B Cash Deal to Buy Pepco; Chris Crane Comments

Chicago-based energy producer and distributor Exelon Corp. (NYSE: EXC) has agreed to buy the parent company of mid-Atlantic regional electricity and gas provider Pepco for approximately $6.8 billion in cash, or $27.25 per share. The companies expect the transaction to close in either the second or third quarter of 2015 …

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Siemens to Supply 116 Wind Turbines for Green Power Plant

Siemens Energy will manufacture 116 wind turbines that Portland General Electric intends to use for a power plant to supply about 84, 000 U.S. households with renewable electricity. Components of the equipment to be installed at the 267-megawatt Tucannon River Wind Farm in Washington state will be fabricated at facilities …

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