Utility regulators keep wind power negotiations alive AUGUSTA, Maine- Utility regulators moved one step closer Wednesday to entering into a long-term contract with developers hoping to sell power generated by a wind project in Somerset County. The Maine Public Utilities Commission voted 2-1 to modify and approve the terms of an agreement with NextEra Energy Resources LLC to ensure that the state is getting the...
Source: The Associated Press
| By: By ALANNA DURKIN, Associated Press
This is our next big growth area: Solar CEO After posting disappointing earnings this week, Vivint Solar's CEO says he's excited about the company's move into the commercial solar business.
| By: Re-Essa Buckels
HIGHLIGHTS-Hedge funds cut eBay, Leonard Green hot on Shake Shack NEW YORK, May 15- Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC and Farallon Capital Management, trimmed some of their equity exposure in eBay Inc, but kept high positions in the e-commerce company's shares during the first quarter, according to regulatory filings. MD Sass Investors Services Inc liquidated its position in eBay,...
| By: Sam Forgione
UPDATE 1-SunEdison's emerging market unit files for IPO May 7- TerraForm Global Inc, formed by solar company SunEdison Inc to own and operate some of its power plants in emerging markets, filed with U.S. regulators for an initial public offering of its class A common shares. SunEdison is following in the footsteps of NRG Energy Inc, which listed a unit holding some of its wind and natural gas assets in 2013..