bankruptcy – Page 3 – Thinking Port

Reports: PG&E Prepared to File Bankruptcy in Wake of Wildfires

January 13, 2019 admin bankruptcy, Bloomberg, California, Coal, Gas, gavin newsom, Legal & Regulatory, news, Nuclear, PG&E, Renewables, reuters, Technology, Wildfires

Credit to Author: Darrell Proctor| Date: Mon, 14 Jan 2019 03:37:19 +0000

Reports on Jan. 13 said giant California utility PG&E Corp. could notify its workers as soon as Jan. 14 that it’s preparing to file for bankruptcy. Bloomberg on Sunday said the San Francisco-based utility, which faces billions of dollars in liabilities as investigations into its role in a series of deadly wildfires continues, will notify […]

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Regulators Back Dominion Takeover of SCANA

December 17, 2018 admin AP1000, bankruptcy, Business, Coal, dominion energy, Gas, Legal & Regulatory, Legislative, news, Nuclear, ratepayers, Renewables, Santee Cooper, SCANA, sce&g, V.C. Summer, Vogtle, Westinghouse, workforce

Credit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:53:02 +0000

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

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Oglethorpe Agrees to Continue Vogtle Nuclear Project with Conditions; Final Vote Still to Come

September 26, 2018 admin bankruptcy, Business, dalton utilities, Georgia Power, jea, Legal & Regulatory, Legislative, meag power, news, Nuclear, oglethorpe power, Southern Company, southern nuclear, toshiba, Vogtle, Westinghouse

Owners of the beleaguered Plant Vogtle nuclear expansion project have voted—at least for now—to continue construction of two new AP1000 reactors at the site near Waynesboro, Georgia. Directors of the Municipal Electric Authority of Georgia (MEAG Power) and Oglethorpe Power on September 24 each agreed the oft-delayed and increasingly over-budget project should move forward, although […]

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