Chugach Electric Association Newswire

Chugach Electric Association Newswire

Comprehensive Real-Time News Feed for Chugach Electric Association.

Results 1 - 20 of 40 in Chugach Electric Association

  1. Some questions over MLandP purchaseRead the original story

    Friday Nov 9 | Petroleum News

    During a Regulatory Commission of Alaska public meeting on Nov. 7 officials from Chugach Electric Association and Municipal Light & Power talked to the commissioners about the status of the proposed purchase of ML&P by Chugach Electric, and answered some commission questions about the takeover deal.....

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  2. Energy & Sustainability M&A Activity - November 2018Read the original story w/Photo

    Thursday Nov 8 | JD Supra

    ... October 1, 2018: Municipal Light & Power reached a definitive agreement to be acquired by Chugach Electric Association for $1 billion. October 1, 2018: W Energy Partners was acquired by Northern Oil and Gas for an undisclosed amount. The ...

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  3. Tight pool delayedRead the original story

    Oct 13, 2018 | Petroleum News

    In an Oct. 5 letter to the Regulatory Commission of Alaska, Mark Johnson, general manager of Municipal Light & Power, and Lee Thibert, CEO of Chugach Electric Association, told the commission that they have decided to pause efforts to implement the economic dispatch of electrical power in Southcentral Alaska, pending the completion of work on the planned purchase of ML&P by Chugach Electric. The managers said that it would be difficult to determine how the ML&P acquisition might impact the power pooling arrangements required for economic dispatch until the acquisition had been completed.

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  4. Terms agreed for sale of MLandPRead the original story

    Oct 6, 2018 | Petroleum News

    Chugach Electric Association and the Municipality of Anchorage have released a proposed term sheet, setting out the provisions for the sale of municipality-owned electric utility Municipal Light & Power to Chugach Electric Association, Chugach Electric announced Sept.

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  5. Eklutna hydro power a piece of puzzle as Chugach, ML&P refine saleRead the original story w/Photo

    Oct 3, 2018 | Alaska Journal of Commerce

    Power from the Eklutna hydroelectric plant on the Knik River is part of the pending deal between Chugach Electric Association and Anchorage Municipal Light & Power for Chugach to acquire the utility. The two own a combined 83.3 percent of the plant with Matanuska Electric Association holding the remaining 16.7 percent.

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  6. Anchorage, cooperative finalize terms of $1B utility saleRead the original story w/Photo

    Oct 1, 2018 | Fairbanks Daily News-Miner

    Anchorage and the Chugach Electric Association have worked out the terms for the $1 billion deal to buy the city-owned electric utility.

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  7. Anchorage, cooperative finalize terms of $1B utility saleRead the original story w/Photo

    Sep 30, 2018 | The Wichita Eagle

    Anchorage and the Chugach Electric Association have worked out the terms for the $1 billion deal to buy the city-owned electric utility. The Anchorage Daily News reports city attorney Rebecca Windt-Pearson says Anchorage and the association have been negotiating the nuances of the deal for Municipal Light and Power since voters authorized the sale in April.

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  8. Anchorage, Chugach Electric release terms sheet for $1 billion ML&P dealRead the original story w/Photo

    Sep 28, 2018 | Anchorage Daily News

    The sale of Anchorage's city-owned electric utility, Municipal Light & Power, hit a major milestone Friday when the city of Anchorage and the buyer, Chugach Electric Association, released the outcome of negotiations on the $1 billion deal. The final agreement comes five months after voters authorized the sale in April.

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  9. Railbelt utilities continue work toward unified structureRead the original story w/Photo

    May 30, 2018 | Alaska Journal of Commerce

    From left to right, Anchorage Municipal Light and Power General Manager Mark Johnston, Chugach Electric Association CEO Lee Thibert, Matanuska Electric Association General Manager Tony Izzo, Anchorage Mayer Ethan Berkowitz and former Chugach Electric Association Board Chair Janet Reiser discuss a power sharing deal on Jan. 30, 2017, in Anchorage. There is less alignment among the major Railbelt utilities on the concept of forming a unified transmission company to better ship power among the six companies.

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  10. CINGSA plans upgradesRead the original story

    May 18, 2018 | Petroleum News

    ... a precedent for this type of review, given that in 2010 the commission had granted a request by Chugach Electric Association for cost recovery assurance for the construction of the Southcentral Power Project power generation facility in Anchorage. ...

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  11. Alaska Railroad painting contract helps launch new businessRead the original story w/Photo

    Apr 28, 2018 | Fairbanks Daily News-Miner

    ... War II Anchorage population, it was initially jointly owned by the Alaska Railroad and Chugach Electric Association. The coal burners were converted to natural gas in 1967. Then the plant was retired from service in 1985, and the building was sold ...

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  12. Alaska Railroad painting contract helps launch local businessRead the original story w/Photo

    Apr 18, 2018 | Alaska Journal of Commerce

    ... War II Anchorage population, it was initially jointly owned by the Alaska Railroad and Chugach Electric Association. The coal burners were converted to natural gas in 1967. Then the plant was retired from service in 1985, and the building was sold ...

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  13. What others say: House Bill 382 putting healthy pressure on Railbelt utility groupsRead the original story w/Photo

    Apr 6, 2018 | Peninsula Clarion

    ... states. Executive officers of GVEA, Matanuska Electric Association, Homer Electric Inc., and Chugach Electric Association, signed the letter in opposition of the bill. Whether HB 382 fails this session or succeeds, it's presence has likely nudged ...

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  14. Anchorage elections results favor BerkowitzRead the original story w/Photo

    Apr 4, 2018 | APRN

    ... Logan said. Voters overwhelmingly approved the sale of utility Municipal Light and Power to the Chugach Electric Association, and opted for all seven bonds on the ballot. In school board races, Denna Mitchell and Elisa Snelling have commanding ...

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  15. Initial results show Anchorage voters allowing city to sell ML&P to ChugachRead the original story w/Photo

    Apr 3, 2018 | Anchorage Daily News

    Initial results in Tuesday's election showed Anchorage voters approving a proposition that allows the city to move forward on a deal to sell its power utility. Passage of the proposition allows the city to move forward with the estimated $1 billion sale of its utility, Municipal Light & Power, to the member-owned cooperative Chugach Electric Association.

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  16. Regulators approve ML&P rate increase to pay off Plant 2ARead the original story w/Photo

    Apr 2, 2018 | Anchorage Daily News

    ... not particularly affect Prop. 10, a proposal on Anchorage's city ballot to sell the utility to Chugach Electric Association. Voting in the election ends Tuesday. Julie Hasquet, a spokeswoman for Chugach Electric Association, said the utility didn't ...

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  17. Forcing them to work together: House Bill 382 putting healthy pressure on Railbelt utility groupsRead the original story w/Photo

    Apr 1, 2018 | Fairbanks Daily News-Miner

    ... states. Executive officers of GVEA, Matanuska Electric Association, Homer Electric Inc., and Chugach Electric Association, signed the letter in opposition of the bill. Whether HB 382 fails this session or succeeds, it's presence has likely nudged ...

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  18. ML&P merger and the Chugach Electric solar projectRead the original story w/Photo

    Mar 9, 2018 | KSKA

    Voters will decide over the coming weeks if Anchorage will have one electric utility or two. On the next Hometown Alaska , join us as we explore the reasons behind the proposed sale of Municipal Light and Power to Chugach Electric Association and ask your questions, including the impact on rates, taxes, jobs and energy.

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  19. City, Chugach Electric promote Anchorage utility sale while trying to soothe concernsRead the original story w/Photo

    Mar 6, 2018 | Anchorage Daily News

    ... to decide whether to OK the sale of city-owned Municipal Light & Power, the proposed buyer, Chugach Electric Association, has launched a $245,000 advertising campaign in hopes of convincing people it's a good idea. But at public meetings and in ...

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  20. Public meeting on ML&P sale set for tonightRead the original story w/Photo

    Mar 5, 2018 | Anchorage Daily News

    ... official Facebook page, and recorded. The Berkowitz administration has proposed selling ML&P to Chugach Electric Association, the member-owned cooperative that provides power to much of the Anchorage Bowl. The price tag is about $1 billion. A ...

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