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WindAction | Avangrid pulls plug on Park City Wind contracts; to pay $16.07M in termination fees

“After exploring all potential solutions to the financial challenges facing the project, and engaging in good-faith and productive discussions with Connecticut state officials regarding these challenges, it is clear the best path forward for Park City Wind is in the termination of the Power Purchase Agreements and a rebid of the project,” says the statement, issued at 7:41 p.m. ...According to filings with the Public Utilities Regulatory Authority, Avangrid will pay terminati...
United States Iberdrola Group Massachusetts Department Of Public Utilities Public Utilities Regulatory Authority Eversource Energy Park City Wind

RWE Aktiengesellschaft (OTCMKTS:RWEOY) Hits New 1-Year Low at $34.08

RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $34.08 and last traded at $34.48, with a volume of 72625 shares traded. The stock had previously closed at $35.60. Analyst Ratings Changes Separately, AlphaValue lowered RWE Aktiengesellschaft to […]
United States United Kingdom Coal Nuclear Get Free Report Stock Down North America

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Five Key Charts to Watch in Global Commodities This Week

(Bloomberg) -- At a time when crude prices are once again flirting with $100 a barrel on Saudi Arabia-led OPEC+ supply cuts, the Middle East will play host to the region’s largest energy conference. But unlike in years past, oil won’t be top of the agenda. Instead, the focus will be on the energy transition under the title “Decarbonising. Faster. Together.” Elsewhere, the offshore wind industry will gather in Boston for a two-day summit, while the US shale patch strug...
United States Sierra Nevada Saudi Arabia United Arab Emirates Bloomberg Businessweek Joe Biden
Source: yahoo.com

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