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October 8, 2010
Sempra Energy and The Royal Bank of Scotland announced yesterday that they have agreed to sell most of the remaining assets of RBS Sempra Commodities, including the North American wholesale gas and power trading business, to JP Morgan Ventures Energy Corp. for approximately $220 million.
October 5, 2010
The FirstEnergy Corp.-Allegheny Energy merger, "will reduce retail competition, not enhance it, and may lead to higher competitive prices for electricity, directly harming PEC [Potomac Edison] ratepayers," Maryland PSC Staff said in testimony in the FirstEnergy-Allegheny merger proceeding (Case 9233…
September 30, 2010
Two Pennsylvania ALJs have denied West Penn Power and FirstEnergy Corp.'s joint motion in limine to exclude from the record in their merger proceeding before the PUC certain expert testimony filed on behalf of Direct Energy Services.
