Over half of the electricity purchased by large customers in Texas now comes from competitive suppliers rather than the local utility, a panel of Texas energy suppliers revealed Tuesday at an energy forum sponsored by XENERGY in Austin.
Centrica, Britain's biggest electricity and gas supplier said it agreed to acquire NewPower Holdings, the US company of which Enron owns 43 per cent, for $130m.
The UK's Centrica PLC Monday said it will acquire the energy services operations of Canada's Enbridge Inc. for $1 billion (Can.) cash. Centrica presently has more than 1.3 million gas customers in Canada and the US. In addition, it has signed up 600,000 electricity customers in Ontario in advance of market opening at the beginning of May.
British multi-utility Centrica plc, today announced that its subsidiary British Gas Trading Limited had entered into an agreement with Enron's UK administrators, PricewaterhouseCoopers, to acquire its energy customer business and certain of its assets at a cost of £96.4m ($138m) in cash.
London Electricity, the UK utility owned by Electricité de France (EdF), Monday confirmed that it was buying the distribution assets of Eastern Electricity - part of the TXU group. The deal, which also includes TXU's West Burton coal-fired power plant and the 50 per cent interest in network maintenance company 24seven, it does not already own, values the assets at £1.8bn ($2.6bn) and will be subject to EU approval.
ScottishPower has joined forces with retailer Sainsbury's to supply them with gas and energy for a new energy service to be launched today. Sainsbury's will become the first UK supermarket to have its own electricity and gas retail product.
UK utility giant Centrica PLC is preparing to make a push in the deregulating Texas electric retail market, believing it will succeed despite the departure of some other big names from the market.
Enmax Power Corp. ... Williams Cos. Inc. ... BC Gas Utility Ltd ... Rapids Power LLC ... Blandin Paper Co. ... Tennessee Valley Authority ... American Superconductor Corp. ... GE Industrial Systems ... CMS Energy Corp. ... OG&E Electric Services ... ScottishPower PLC ... Centrica PLC ... Southern LNG Inc.
In a lease deal worth £173.5m ($252m), the UK's largest electricity and gas supplier, Centrica, has acquired plant operating leases for two East Anglia power plants with combined capacity of 705 MW, from Eastern Energy's US owner, TXU.
El Paso Corp. ... Port of Houston Authority ... Ashland Inc. ... Atlanta Gas Light Co. ... Calpine Corp. ... FPL Energy LLC ... ScottishPower PLC ... PacifiCorp ... Centrica PLC ... TXU Corp ... Star Gas Partners LP ... ProvEnergy Oil ... Ecopetrol ... Texaco Inc.