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Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Cinergy Buys Two Enron Merchant Plants

LCG, March 26, 2001Cinergy Corp. said on Friday its Cinergy Capital & Trading Inc. subsidiary has completed the purchase of two merchant power plants in the Southeastern U.S. from Enron North America for an undisclosed sum.

The two plants acquired by Cinergy are a 494 megawatt natural gas-fueled facility in Brownsville, Tenn., 45 miles northeast of Memphis, and a 504 megawatt power plant, also gas-fired, in Caledonia, Miss., on the Alabama border about 15 miles from Columbus.

Cinergy said in a news release that the two companies had signed a definitive agreement on the plant sale last December and that regulatory approvals have now been received.

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