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Spanish company buying US utility serving northeast for $3B

2015-02-26 14:21:54| Energy - Topix.net

Spain's leading electricity and natural gas utility, Iberdrola, says it will buy the northeastern U.S. utility company UIL Holdings Corp. in a deal valued at about $3 billion. Iberdrola SA and UIL say in a statement that the deal values UIL shares at $52.75, including $10.50 to be paid in cash for each share.

Tags: company spanish buying serving

 

Ohio utility regulators reject AEP plan for coal plants

2015-02-26 14:21:53| Energy - Topix.net

Ohio utility regulators have rejected an American Electric Power proposal to guarantee profitability from two of its aging coal plants. Commissioners declined to authorize a plan to cover the costs of generating electricity from the company's share of the Ohio Valley Electric Corporation, which includes which includes power plants in southeastern Ohio and southeastern Indiana.

Tags: plan ohio plants utility

 
 

WIN-911 Software Announces Release of SCADAlarm Conversion Utility

2015-02-26 11:31:44| Industrial Newsroom - All News for Today

AUSTIN, Texas, -- WIN-911 Software, the world's largest provider of alarm notification software, has announced the availability of a new utility designed to help migrate configuration and tag data from the popular SCADAlarm software into the WIN-911 software package. This means that SCADAlarm users can easily...

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Iberdrola acquires UIL for $3bn to form new power and gas utility in US

2015-02-26 01:00:00| Power Technology

The US unit of Iberdrola has signed a $3bn deal to buy UIL Holdings and create a new publicly-traded entity.

Tags: in us form power

 

Utility Drone Future in the Balance?

2015-02-24 23:29:00| Transmission & Distribution World

Commercial drone regulation could limit the usefulness of drones for utilities. What do we need to know and do to secure our future use of this technology? read more

Tags: future balance utility drone

 

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