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updated: Tue Jul 08, 2008 01:17 am

Energy East News

News on Energy East continually updated from thousands of sources around the net.

Tuesday Jul 8 | Rochester Democrat and Chronicle

Merger possible for company in bid to take over RG&E parent

For at least the second time since Iberdrola SA launched a takeover bid for the parent of Rochester Gas and Electric Corp., the Spanish utility is the subject of merger talks in Europe.

Comment?

Related Topix: Energy, Spain, World News,

Fri Jul 04, 2008

Times-Transcript

Boost to carrying capacity

Power Upgrades to Maine's grid could help N.B. transmit electricity to rest of New England B1 Ben Shingler Telegraph-Journal Two private utilities companies in Maine say their plans for a $1.9 billion overhaul ...

Comment?

Related Topix: Energy, Aroostook County, ME, Millinocket, ME, Maine

Thu Jul 03, 2008

R News

Henrietta Chamber Hosts Networking Fair

Analysts Want Iberdrola Wind Energy Commitment New York utility analysts say Iberdrola, S.A. should have to make a binding commitment to spend $2 billion developing wind energy in the state if it is allowed to ...

Comment?

Related Topix: Energy, Rochester, NY

Tue Jul 01, 2008

The Business Review (Albany)

PSC staff gives tepid support for Iberdrola's bid for Energy East

Staff at the Public Service Commission now say Iberdrola could be permitted to own wind farms as part of its $4.5 million bid to buy Energy East Corp.

Comment?

Related Topix: Energy

Sun Jun 29, 2008

Buffalo News

Wind power investment may fly away

It's coming down to the wire for Iberdrola SA's $4.6 billion bid to buy the company that owns New York State Electric & Gas Corp., and all eyes are on the state's Public Service Commission.

Comment?

Related Topix: Energy, Maine, NY

Mon Jun 23, 2008

The Business Review (Albany)

Iberdrola

Iberdrola Distribucion Electrica, S.A.U. Company Profile - View Iberdrola Distribucion Electrica, S.A.U. Company Information Company Profiles > Iberdrola Distribucion Electrica, S.A.U. Profile Iberdrola ...

Comment?

Related Topix: Energy, Paper, Albany International CorpDE

Sat Jun 21, 2008

Blogging Stocks

Analyst upgrades: AIG, EAS and BRGYY

MOST NOTEWORTHY: American International Group, Energy East and BG Group Plc were today's noteworthy upgrades: Citigroup upgraded shares of American International Group to Buy from Hold on valuation as they see ...

Comment?

Related Topix: American International Group, Insurance, Energy

Thu Jun 19, 2008

Albany Times Union

Schumer wants to meet with Garry Brown

In a move that puts increasing pressure on state regulators to approve Iberdrola SA's $4.5 billion acquisition of Energy East Corp., U.S. Sen.

Comment?

Related Topix: Energy, US Politics, Charles Schumer, US News, US Senate, Democrat, Maine, NY

Tue Jun 17, 2008

Rochester Democrat and Chronicle

PSC hinders Iberdrola SA takeover

My phone rang Friday morning and, at the other end of the line, Sandy Parker's voice was full of frustration.

Comment?

Related Topix: Energy

Thu Jun 05, 2008

The Business Review (Albany)

Iberdola plans $2B NY investment if PSC approves Energy East acquisition

Spanish utility giant Iberdrola wants to invest $2 billion developing wind power farms across New York state, the company said today.

Comment?

Related Topix: Energy, Science / Technology, Alternative Energy, Albany Metro, Albany, NY, Paper, Albany International CorpDE

Tue Jun 03, 2008

PressConnects.com

Wind company promises NY $2 billion in development

A company based in Spain is promising to invest $2 billion in wind energy in New York over the next five years if regulators approve its purchase of Energy East Corp.

1 comment

Related Topix: Energy, Maine, NY, Rochester, NY, Albany, NY

Wed May 21, 2008

The Post-Standard

PSC, Iberdrola still divided

Spanish energy company Iberdrola has promised to cut power and gas rates by $55 million a year if state regulators allow the company to buy two Upstate utilities.

Comment?

Related Topix: Energy

Sun May 18, 2008

GuruFocus.com

Energy East Corp. (EAS): Jean-Marie Eveillard Initiates Holdings in EAS

Gurus Trades with EAS: Click to exclude managers not in the List of Gurus. *The price and date might not be the actual time and price at which the transactions were made. via GuruFocus.com

Comment?

Related Topix: Energy

Tue Apr 29, 2008

Customer Interaction Solutions

Connecticut Department of Public Utility Control Approves Financing...

“By utilizing otherwise wasted energy from pressure differentials on our natural gas system, this initiative achieved the highest rating in the second round of Connecticut's Clean Energy Fund Project 150.”

Energy East Corporation and FuelCell Energy, Inc. , a leading manufacturer of high efficiency ultra-clean power plants for commercial, industrial and utility customers, announced that the Connecticut Department ... via Customer Interaction Solutions

Comment?

Related Topix: Energy, Electronics, Milford, CT

Wed Apr 23, 2008

Times Union

Wind assets put deal at risk

“New York ratepayers could be harmed by substantially overpaying for wind generation if vertical market power is exercised. The remedy therefore remains full divestiture of all Energy East and Iberdrola generating assets”

It appears that wind energy is still holding up Iberdrola SA's $4.5 billion acquisition of Energy East Corp. via Times Union

Comment?

Related Topix: Energy, Lewis County, NY, East Greenbush, NY

Mon Apr 21, 2008

The Star Online

Reports of tornadoes in Cleveland County

Updated 10:21: Sue Beam, a spokeswoman for Duke Energy, said there are about 400 total outages in Cleveland, Lincoln and a little of Gaston counties. via The Star Online

Comment?

Related Topix: Lincoln County, NC, Energy, Cleveland County, NC, Crouse, NC

Sat Apr 19, 2008

The Gazette

Public Service argues utility takeover proposal

“The reason you can't own [a wind farm] in your own service territory, from our perspective, is you control the transmission and distribution systems.”

Spanish utility company Iberdrola SA wants to acquire regional utility Energy East Corp. via The Gazette

Comment?

Related Topix: Energy, Saratoga County, NY, Rensselaer County, NY, New York

Thu Apr 17, 2008

Press & Sun-Bulletin

Energy East declares dividend

REGION Energy East Corp. said its board of directors declared a quarterly dividend of 31 cents a share on the company's common stock, payable May 15 to holders of record at the close of business April 28. via Press & Sun-Bulletin

Comment?

Related Topix: Energy

Wed Apr 16, 2008

Rochester Democrat and Chronicle

Energy East buyer wary of PSC

“If the regulator's demands are unreasonable, we'll rethink the deal”

State regulatory issues may derail the purchase of Rochester Gas & Electric's parent company by a Spanish energy giant. via Rochester Democrat and Chronicle

Comment?

Related Topix: Spain, World News, Energy, Rochester, NY

Tue Apr 08, 2008

Business Standard

`Meeting capacity addition target a big challenge`

In a homecoming of sorts, Jairam Ramesh has taken over as the minister of state for power. via Business Standard

Comment?

Related Topix: Energy

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