South Field Energy Breaks Ground for 1,182-MW Power Plant

LCG, May 16, 2019--South Field Energy LLC announced yesterday its groundbreaking for an 1,182-MW, combined-cycle electric generating facility in Columbiana County, Ohio. The natural gas-fired facility is scheduled to commence operations in mid-2021 and represents a $1.3 billion investment.

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Exelon to Shut Down Three Mile Island by September 30, 2019

LCG, May 10, 2019--Exelon Generation announced Wednesday that Three Mile Island Generating Station Unit 1 (TMI) will shut down by September 30, 2019. The Nuclear Regulatory Commission (NRC) had approved back in 2009 a 20-year extension for the nuclear energy facility through 2034.

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Industry News

TransAlta to Acquire Wind Developer

LCG, Oct. 28, 2001--Vision Quest Windelectric Inc., a Calgary-based owner and operator of wind turbine power plants, will be acquired by TransAlta Corp., possibly by the end of the year.

The current wind turbine portfolio of Vision Quest has a total maximum capacity of 44 megawatts. It would become an independently operated unit within TransAlta, which already has an investment in the company.

TransAlta, an unregulated power generator and marketer, plans to acquire Vision Quest's C$32 million debt, and will conduct due diligence and await regulatory approval on the deal. It intends to generate over 10% of its power output from renewable sources as part of a long-term strategy.
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