|
News
|
LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.
Read more
|
|
LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation
Read more
|
|
|
Industry News
Mirant Restating Earnings, Mentions Bankruptcy
LCG, Nov. 8, 2002--The deregulated power developer and energy trader Mirant will file revised financial statements for the second quarter, following the discovery of what it it says are accounting errors, during an audit by its new accountant, KPMG LLP.The company said that a filing for bankruptcy protection is a possibility, dependent on whether or not it is able to refinance its debt. It stated that its amended 10-Q filing, expected in December, will show a $220 million loss, revised from an earlier loss of $152 million. Mirant will also have re-audits of its statements from the years 2001 and 2000 conducted.James Peters, speaking to Dow Jones Newswires, said "Mirant is confident in its business prospects. However, given the fact that we started a re-audit, it's prudent that Mirant cautions its shareholders of risks associated with the re-audit process." Bankruptcy protection would most likely be sought if payments on $4.5 billion in consolidated debt were to have to be accelerated.As parts of KPMG's audit, it found that Mirant's marketing and risk management operations did not properly disclose the nature of the company's positions due to a lack of internal controls and poor coordination between those business units' activities and the general ledger. Mirant is installing a new trading system which it expects will minimize delays in reporting.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
