Fitch Downgrades Homer City Funding, LLC Pass-Through Bonds to 'B'; Negative Watch
Business Wire Fri, 23 Mar 2012 14:43 PM PDT
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded Homer City Funding, LLC's (HCF) $300 million and $530 million Pass-Through Bonds to 'B' from 'BB-'. The downgrade reflects ongoing challenges at the project as a merchant coal facility in a low energy price environment as well as the impending $700 million-$750 million of capital needed to fund emissions controls. The Negative Watch on the ... |
NRG settlement to fund CA car charging network
CBS 47 Fresno Fri, 23 Mar 2012 14:34 PM PDT
LOS ANGELES (AP) â€" California Gov. Jerry Brown says a $120 million settlement with NRG Energy Inc. will fund a statewide network of electric-car charging stations. The settlement announced Friday stems from claims against NRG's predecessor company, Dynegy, involving costs of long-term power contracts signed during California's energy crisis a decade ago. The governor says the money will fund at ... |
Most actively traded companies on the TSX, TSX Venture Exchange markets
Brandon Sun Fri, 23 Mar 2012 14:33 PM PDT
NAL Energy Corp. (TSX:NAE). Oil and gas. Up 46 cents, or 5.90 per cent, at $8.26 on 7,324,878 shares. Pengrowth Energy Corp. (TSX:PGF). Oil and gas. Down 17 cents, or 1.7 per cent, at $9.78 on 2,993,435 shares. Pengrowth announces plans to take over NAL for $1.9 billion, including debt. |
Stocks rebound on energy sector, euro gains
Reuters via Yahoo! Finance Fri, 23 Mar 2012 14:32 PM PDT
The euro rose and world stocks rebounded on Friday, lifted by shares in energy and basic materials, as concerns about global growth were set aside by investors who saw further gains in this year's rally. ... |
With SoCal Plant Offline, Energy Shortages Possible this Summer
FOX40 Sacramento Fri, 23 Mar 2012 14:31 PM PDT
The San Onofre nuclear plant has been shut down since Jan. 31, but when warm summer weather arrives, officials warn, Southern California could face energy shortages. California energy officials are working to stave off the potential for summer power shortages if the San Onofre Nuclear Generating Station remains out of service. |
“The Power Source†â€" Week 3: Power vs. Soul
CBS Pittsburgh Fri, 23 Mar 2012 14:30 PM PDT
The Power began their maiden voyage in the Arena Football League against their cross-state rivals at CONSOL Energy Center last year, which is where they will meet again Friday in the 2012 home opener. |
Market bounces back from 3-day losing streak
Reuters via Yahoo! News Fri, 23 Mar 2012 14:30 PM PDT
NEW YORK (Reuters) - Stocks rose in light volume on Friday, buoyed by rising energy and basic materials shares, as the S&P 500 kept showing resilience even as it posted its second negative week so far this year. The benchmark S&P 500 slipped 0.5 percent for the week. In an indication of the rally's strength and consistency, that was the S&P's worst performance since the last week of December. In ... |
Agreement reached on electric vehicle charging network in California
The Sacramento Bee Fri, 23 Mar 2012 14:28 PM PDT
The California Public Utilities Commission and Princeton, N.J.-based NRG Energy Inc. have entered into an agreement for NRG to build an electric vehicle charging network throughout California, representing an investment of about $100 million over the next four years. |
Stocks End Losing Week With Rally
My9 WWOR-TV New Jersey Fri, 23 Mar 2012 14:28 PM PDT
US stocks ended a losing week on a more optimistic note Friday, helped by a rally in energy and cyclical shares as buyers bought into recent weakness and benefited from a falling dollar. |
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