First Reserve announced late last week it will acquire the 298 MW Kingfisher Wind power project located in Canadian and Kingfisher Counties in Oklahoma from Apex Clean Energy. The wind farm is expected to be completed this year. “First Reserve believes the project benefits from a strong, consistent wind resource. In addition, the firm expects… Keep reading →
With natural gas competing more strongly than ever with coal for power generation due to near commodity price parity, the mergers and acquisitions market for utilities has entered rarely charted territory.
Of the coal or natural gas utility merger and acquisition deals done in the last 18 months, there were probably 10 times that amount worked on but not closed, John Dingle, Partner at management consulting firm Thorndike Landing told the Platts Utility M&A Conference held June 25th – 26th in New York. Keep reading →
