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Tag: 25b
EPA's carbon rule could spur $2.5B in power line investment
2015-03-19 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: As coal-fired power plants go offline under U.S. EPA's Clean Power Plan, building new power lines to bring renewable energy to customers could spur $1.5 billion to $2.5 billion in investment over the next five years, according to an analysis by the consulting group ICF International. The firm said the figure is a conservative estimate, based on calculating what new transmission might be necessary in the system of the Midcontinent Independent System Operator (MISO) and then extrapolating those levels...
Tags: line
power
investment
rule
Kimberly-Clark makes pension change to save $2.5B
2015-02-23 19:24:11| Paper - Topix.net
Transferring responsibility for its pension benefit payments will save Kimberly-Clark Corp. around $2.5 billion without hurting the company's financial outlook, the Irving-based company said Monday in a press release. Kimberly-Clark said it will transfer the responsibility for its U.S. employees' pension payments to Prudential Insurance Co.
Tags: save
change
makes
pension
Exxon Mobil plans $25B LNG investment for B.C.
2015-01-12 19:06:32| Chemicals - Topix.net
This Jan. 30, 2012 photo, shows the sign for the ExxonMobil Torrance Refinery in Torrance, Calif. Exxon Mobile reports quarterly financial results before the market opens on Thursday, April 25, 2013.
Tags: plans
investment
mobil
lng
AmerisourceBergen to spend $2.5B on MWI Veterinary Supply
2015-01-12 15:02:23| Biotech - Topix.net
Pharmaceutical distributor AmerisourceBergen is spending about $2.5 billion to expand its reach into veterinary medicine with the purchase of MWI Veterinary Supply. AmerisourceBergen Corp. says it will pay $190 in cash for each share of MWI, a premium of 8 percent to the closing price of MWI shares on Friday, the last day before the deal was announced.
Tags: supply
spend
veterinary
25b
Utilities terminate contract for $2.5B Cape Wind project
2015-01-07 23:32:35| Energy - Topix.net
The decision by two major utilities to terminate their contracts to buy power from the proposed $2.5 billion wind farm in Cape Cod waters could kill the project, according to supporters and detractors of the plan. National Grid and NStar - a subsidiary of Northeast Utilities - said Tuesday they ended their contracts because Cape Wind missed a Dec. 31 deadline set out in the 2012 deals to obtain financing and begin construction, and had chosen not to put up financial collateral to extend the deadline.
Tags: project
contract
wind
utilities