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NextEra Energy Completes Purchase from Southern Company of Ownership Interests in Two Florida Power Plants

LCG, December 5, 2018--NextEra Energy announced yesterday that it completed the acquisition of Southern Company's indirect ownership interests in the Stanton and Oleander natural gas power plants in Florida. The acquisition was previously announced in May of this year.

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Emera to Sell Three Combined-Cycle Power Plants in New England

LCG, November 29, 2018 --Emera Inc., headquartered in Halifax, Nova Scotia, announced this week that it has agreed to sell three natural gas-fired electric generating facilities that it owns in New England to the investment firm Carlyle Group for $590 million. The combined electric generating capacity of the three facilities is approximately 1,100 MW. The acquisition is expected to close in first quarter 2019.

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Industry News

Fuel Cell Energy to Make Power at Sewage Facility

LCG, Jan. 25, 2001Fuel Cell Energy Inc. said this morning that it had signed a deal with King County, Wash., to install a one megawatt fuel cell at a county sewage treatment plant in Renton as a demonstration project partly funded by the U.S. Environmental Protection Agency.

The $18.8 million cost of the two-year demonstration project at the South Wastewater Treatment Facility will be borne equally by Duel Cell Energy and King County, the company said. The amount of money kicked in by the EPA was not disclosed.

According to Jerry Leitman, chief executive of Fuel Cell Energy, the installed fuel cell will convert methane gas produced by the treatment plant's digester into electricity. "This project will demonstrate the versatility of fuel use with the 'Direct Fuel Cell', as well as its capability to produce more electricity than other technologies using the same quantity of fuel," he said.

King County Executive Ron Sims offered "This is an important project as we look to meeting our future power needs in this new era of higher priced electricity."

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