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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

Entergy Announces Possible Price and Volume Misreport

LCG, August 12, 2003Today the Entergy Corporation said that some of its employees may have inadvertently submitted incorrect price and volume data to industry publications.

Entergy said that prices might have been presented incorrectly, but the company had not found that employees tried to intentionally manipulate indices.

The corporation was ordered to give gas and electricity trading data to the Securities and Exchange Commission this April. Entergys records are still under review.

Today an Entergy spokeswoman also announced that the company plans to lay off roughly seven percent of its employees, or 1,000 people, in order to focus on the nuclear operations. Entergy hopes to eliminate the jobs by the end of the year through voluntary severance packages.

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