Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

Reliant Resources Appoints New Board and CEO

LCG, August 12, 2003Houston-based Reliant Resources has appointed two new board members and a new chief executive officer.

Joel Staff, who served as chief executive officer of National Oilwell Inc., will take the place of Steve Letbetter, who stepped down from his position as CEO of Reliant in April.

Kirbyjon H. Caldwell, a senior pastor of the United Methodist Church, has been elected to a seat on Reliants Board of Directors. He has been involved with the Methodist church for over twenty years and is also currently taking part in the creation of a 234-acre planned community.

Steven L. Miller has also been chosen to join the Board. He is chairman and president of SLM Discovery Ventures and former CEO of Shell Oil Co. Before retiring from Shell Oil, he served 35 years with the company.

Reliant Resources will have a total of seven members on its Board of Directors, six of whom are non-employee directors.

Reliant also announced today that it will be cutting 650 jobs in an effort to reduce operating costs. 250 active jobs will be lost, 300 temporary and contract jobs will go, and 100 open positions will not be filled.

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