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New York Issues Offshore Wind Solicitation

LCG, November 9, 2018--The Governor of New York yesterday announced a solicitation for 800 MW or more of new offshore wind projects to supply renewable energy to New York to combat climate change. The New York State Energy Research and Development Authority (NYSERDA) issued the Request for Proposals (RFP), which is the first key step in New York's plan to install 2,400 MW of offshore wind projects by 2030.

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Xcel Energy to Acquire Mankato Energy Center from Southern Power

LCG, November 8, 2018--Xcel Energy and Southern Power, a subsidiary of Southern Company, earlier this week announced an agreement for Southern Power to sell the Mankato Energy Center to Xcel Energy for $650 million. The completion of the sale, subject to regulatory approval and other closing conditions, is expected to be mid-2019.

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Industry News

Atmos to Sell City Gas System in South Carolina

LCG, Oct. 12, 2000Atmos Energy Corp. said yesterday it has agreed to sell its natural gas distribution system in Gaffney, S.C., to Piedmont Natural Gas Co. for about $5.8 million.

The system, which Atmos operated through its United Cities Gas Co. subsidiary, serves some 5,100 customers in northernmost South Carolina. Piedmont Natural Gas said it intends to keep the local Gaffney office and retain existing employees.

Robert W. Best, Atmos chief executive, said "We are pleased to be able to consummate this sale to a company of Piedmont's excellent reputation and know that they will continue to provide safe and reliable gas service to the Gaffney area."

Ware F. Schiefer, who heads Piedmont Natural Gas, said his company "will provide the residents and businesses of Gaffney with the same reliable and safe natural gas service they were accustomed to receiving from Atmos Energy."

The transaction is subject to regulatory approval and is expected to close by the end of this year.

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