Puget Sound Energy

Willdan Selected for Sixth Consecutive Time to Deliver Puget Sound Energy Small Business Program

Retrieved on: 
Wednesday, January 17, 2024
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Willdan Group, Inc. (NASDAQ: WLDN) announced today that Puget Sound Energy (PSE) has awarded Willdan an $18 million contract to continue delivering their Small Business Direct Install program.

Key Points: 
  • Willdan Group, Inc. (NASDAQ: WLDN) announced today that Puget Sound Energy (PSE) has awarded Willdan an $18 million contract to continue delivering their Small Business Direct Install program.
  • This contract includes the direct installation of energy efficiency measures to PSE’s electric and gas small business customers, with an additional focus on small lodging and agricultural businesses for the new program cycle.
  • “Small business owners are historically underserved and don’t typically have the time needed to access utility services and programs,” said Penny Kyser, Program Manager of PSE’s Small Business Energy Efficiency program.
  • The Small Business Direct Install program focuses on these customers by providing no-cost energy services as well as raising their awareness of PSE rebate programs available to them.

NEWS RELEASE: Energy Northwest’s next-generation new nuclear feasibility gets a $10M boost with Puget Sound Energy investment

Retrieved on: 
Wednesday, January 10, 2024
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RICHLAND, Wash., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Energy Northwest today announced an agreement with Bellevue-based Puget Sound Energy to accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.

Key Points: 
  • RICHLAND, Wash., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Energy Northwest today announced an agreement with Bellevue-based Puget Sound Energy to accelerate the agency’s program examining the feasibility of developing and deploying a next-generation nuclear energy facility.
  • The agreement, a $10 million investment by Puget Sound Energy in Energy Northwest’s new nuclear project feasibility phase, will guide future participation and investment decisions.
  • This collaboration does not obligate Puget Sound Energy to any future financial commitment nor signify an ownership interest in a developed project.
  • “Our clean energy future depends on finding reliable resources that produce energy when customers need it without emitting greenhouse gases,” said Mary Kipp, president and CEO of Puget Sound Energy.

Capital Power completes acquisition of 50.15% interest in the Frederickson 1 Generating Station

Retrieved on: 
Thursday, December 28, 2023
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EDMONTON, Alberta, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) successfully completed the acquisition of a 50.15% interest in the Frederickson 1 Generating Station (“Frederickson 1” or the “Facility”), a 265-megawatt (MW) natural gas-fired combined-cycle generation facility in Pierce County, Washington.

Key Points: 
  • EDMONTON, Alberta, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (“Capital Power”) successfully completed the acquisition of a 50.15% interest in the Frederickson 1 Generating Station (“Frederickson 1” or the “Facility”), a 265-megawatt (MW) natural gas-fired combined-cycle generation facility in Pierce County, Washington.
  • The facility was acquired from Atlantic Power & Utilities for US$97.5 million, subject to working capital adjustments.
  • Capital Power financed the transaction using cash on hand and its credit facilities.
  • As part of the ownership agreement with PSE, Capital Power will operate and maintain the facility and will receive an annual management fee under the operating arrangement with PSE.

Kimberly Harris joins Ameren Board of Directors

Retrieved on: 
Monday, December 18, 2023
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ST. LOUIS, Dec. 18, 2023 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) announced today that Kimberly J. Harris has been elected to the Ameren board of directors, effective Jan. 1, 2024.

Key Points: 
  • ST. LOUIS, Dec. 18, 2023 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) announced today that Kimberly J. Harris has been elected to the Ameren board of directors, effective Jan. 1, 2024.
  • Harris brings extensive senior leadership experience to the Ameren board of directors.
  • "We are excited to have Kimberly join Ameren's board of directors," said Martin J. Lyons, chairman, president and chief executive officer of Ameren.
  • Harris earned a Juris Doctor from Arizona State University and Bachelor of Arts in political science from San Diego State University.

Puget Sound Energy announces clean energy wind project

Retrieved on: 
Thursday, December 7, 2023
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BELLEVUE, Wash., Dec. 7, 2023 /PRNewswire/ -- Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana.

Key Points: 
  • PSE to build a 248 MW utility-scale wind project in Stillwater County, Montana
    BELLEVUE, Wash., Dec. 7, 2023 /PRNewswire/ -- Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana.
  • Puget Sound Energy announces clean energy wind project.
  • The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources that PSE is acquiring as it works toward Washington state's ambitious clean energy laws.
  • "PSE is undergoing one of the largest clean energy transformations of any utility in the country," said Mary Kipp, president and CEO of Puget Sound Energy.

FirstEnergy Appoints Two Senior Executives to Accelerate Transformation into Premier Electric Utility

Retrieved on: 
Tuesday, November 21, 2023
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AKRON, Ohio, Nov. 21, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Wade Smith has been named president, FirstEnergy Utilities, and Toby L. Thomas has been named chief operating officer of FirstEnergy, effective Dec. 18 and Nov. 30, respectively. The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility. Both leaders will report directly to President and Chief Executive Officer Brian X. Tierney.

Key Points: 
  • The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility.
  • As president, FirstEnergy Utilities, Smith will oversee the company's state businesses – Ohio, Pennsylvania, New Jersey and a combined West Virginia/Maryland division – as well as its stand-alone transmission companies.
  • Thomas joins FirstEnergy after more than two decades at American Electric Power (AEP), where he most recently served as senior vice president – AEP Energy Delivery.
  • In 2021, Smith joined Pacific Gas & Electric as senior vice president of Electric Operations, leading electric transmission and distribution system operations and maintenance, generation, and project management and construction teams for the company's electric operations.

AutoGrid and Puget Sound Energy Combat Climate Change with Virtual Power Plants

Retrieved on: 
Monday, November 13, 2023
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REDWOOD CITY, Calif., Nov. 13, 2023 /PRNewswire/ -- AutoGrid, the industry leader in harnessing distributed energy resources (DERs) for flexible capacity, today announced an expanded partnership with Puget Sound Energy (PSE), Washington state's largest utility, on a virtual power plant (VPP) solution built on the AutoGrid Flex™ platform.

Key Points: 
  • The complexity of managing the energy grid through the clean energy transition involves balancing renewables with reliability and ensuring a stable energy supply even in the face of varying conditions.
  • "With AutoGrid, we'll be able to engage our customers like never before to use energy as efficiently as possible, because the cleanest form of energy is the energy you don't use."
  • "AutoGrid is honored to join forces with PSE to demonstrate the power of harnessing distributed energy resources to create a clean, more resilient, and cost-effective grid," said Ruben Llanes, CEO, AutoGrid.
  • "Our partnership will not only help PSE achieve its goals but set a standard to collectively accelerate progress toward a sustainable energy future."

Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station

Retrieved on: 
Tuesday, October 10, 2023
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EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).

Key Points: 
  • EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).
  • Capital Power will finance the transaction using cash on hand and its credit facilities.
  • Frederickson 1 is a 265 MW natural gas-fired combined-cycle generating facility in Pierce County, Washington.
  • “We are pleased to acquire this high-quality facility in the Pacific Northwest,” said Avik Dey, President and CEO of Capital Power.

Climate Pledge Arena is First Arena to Achieve International Living Future Institute's Zero Carbon Certification

Retrieved on: 
Monday, October 16, 2023
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SEATTLE, Oct. 16, 2023 /PRNewswire/ -- Climate Pledge Arena and the International Living Future Institute (ILFI) today announce that the arena has achieved Zero Carbon Certification.

Key Points: 
  • "Our Zero Carbon certification recognizes highly energy efficient buildings that are designed and operated to fully account for their carbon emissions impacts," said ILFI CEO Lindsay Baker.
  • This is a significant undertaking, especially for as large and complex a project as Climate Pledge Arena.
  • "Climate Pledge Arena's ILFI Zero Carbon certification should be an inspiration to every future arena project worldwide because we now know anything is possible, and this is so incredibly necessary."
  • In securing the naming rights of the historic arena in June 2020, Amazon named it Climate Pledge Arena as a regular reminder of the importance of acting to fighting climate change.

Puget Sound Energy and Invenergy Partner to Advance Washington's Clean Energy Transition

Retrieved on: 
Wednesday, July 12, 2023
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BELLEVUE, Wash. and PORTLAND, Ore., July 12, 2023 /PRNewswire/ -- Puget Sound Energy (PSE), Washington state's largest utility, and Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, announced the signing of a 15-year power purchase agreement (PPA) between PSE and Invenergy's Vantage Wind Energy Center in Ellensburg, Washington. The agreement enables PSE to acquire 90 MW of clean energy per year, beginning in 2025.  

Key Points: 
  • The agreement enables PSE to acquire 90 MW of clean energy per year, beginning in 2025.
  • The agreement moves PSE closer to its commitment of meeting its 2030 clean energy target and helps PSE comply with the state's clean energy policies, which are some of the most ambitious in the nation.
  • As one of the largest developers of clean and renewable energy projects in the world, Invenergy brings extensive experience to the partnership.
  • "This exciting partnership will deliver more clean, cost-effective energy to Washington residents while advancing the state's vital energy goals."