Bonneville Power Administration

2023 home sales at Reed's Crossing by Newland in Hillsboro, Oregon, soar past projections

Retrieved on: 
Tuesday, December 19, 2023

HILLSBORO, Ore., Dec. 19, 2023 /PRNewswire-PRWeb/ -- When 2023 began, homebuilders at Reed's Crossing by Newland had planned to sell at least 120 homes for the year within the 474-acre South Hillsboro development. With just weeks left before the end of the year, that number has exceeded projections and is on track to nearly double — to 230.

Key Points: 
  • HILLSBORO, Ore., Dec. 19, 2023 /PRNewswire-PRWeb/ -- When 2023 began, homebuilders at Reed's Crossing by Newland had planned to sell at least 120 homes for the year within the 474-acre South Hillsboro development.
  • With just weeks left before the end of the year, that number has exceeded projections and is on track to nearly double — to 230.
  • Since Reed's Crossing broke ground in late 2018, six homebuilders have sold 1,074 homes, with up to 16 additional units anticipated to sell in the remainder of December 2023.
  • "Reed's Crossing has reached an exciting turning point, with the Town Center and more outdoor amenities coming to fruition," said Peterson.

Columbia-Snake River Irrigators Association Supports Lower Snake River Litigation Agreement

Retrieved on: 
Thursday, December 14, 2023

The CSRIA supports this action because dam breaching is effectively off the table for any conceivable future. The centerpiece for the Agreement is that the Tribes are trading dam breaching for new power resources dollars. On paper, the Tribes would be allowed to count new green resources developed under their Pacific NW Tribal Energy Program, for replacement power resources--the means to agree upon this allocation process or to implement it are for future determination, with Congressional review. In the meantime, resources may be developed to serve new regional power loads, with new revenues created.

Key Points: 
  • KENNEWICK, Wash., Dec. 14, 2023 /PRNewswire/ -- According to the Columbia-Snake River Irrigators Association, the Federal Administration has reached an agreement with the Biological Opinion (BiOp) Litigation Plaintiffs to bring close to thirty years of court action pressing for Lower Snake River (LSR) Dam breaching.
  • The Plaintiffs, EarthJustice et al., Oregon, and in association with the Tribes, have accepted a Commitments Agreement with new actions posed by the U.S. Dept.
  • As a Defendant-Intervener, the Columbia-Snake River Irrigators Association (CSRIA) has informed the Plaintiffs and Defendants that the Irrigators will support the Commitment Agreement, now on its way to U.S. District (OR) Federal Judge Michael Simon for final approval.
  • The centerpiece for the Agreement is that the Tribes are trading dam breaching for new power resources dollars.

Reed's Crossing by Newland welcomes Holt Homes as its sixth and newest builder

Retrieved on: 
Thursday, November 9, 2023

HILLSBORO, Ore., Nov. 9, 2023 /PRNewswire-PRWeb/ -- Reed's Crossing by Newland, Oregon's largest mixed-use master-planned community, announces that Holt Homes, a trusted name in new construction homes for over three decades in Oregon and Southwest Washington, is the newest and sixth builder to join the community. Starting November 11, Holt Homes invites the public to visit its Reed's Crossing model home and sales office, located at 4016 SE Link Lane, Hillsboro.

Key Points: 
  • HILLSBORO, Ore., Nov. 9, 2023 /PRNewswire-PRWeb/ -- Reed's Crossing by Newland , Oregon's largest mixed-use master-planned community, announces that Holt Homes , a trusted name in new construction homes for over three decades in Oregon and Southwest Washington, is the newest and sixth builder to join the community.
  • Starting November 11, Holt Homes invites the public to visit its Reed's Crossing model home and sales office, located at 4016 SE Link Lane, Hillsboro.
  • "With an unwavering commitment to craftsmanship, an experienced and dedicated team, and a focus on community livability, Holt Homes is a welcome addition to Reed's Crossing," said Eric Peterson, vice president of operations for Brookfield Properties.
  • Holt Homes will build 24 homes in the current and second phase of development at Reed's Crossing, including nine speculative properties currently under construction.

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

Retrieved on: 
Tuesday, October 10, 2023

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.

Scott Corwin Joins the American Public Power Association as President and CEO

Retrieved on: 
Wednesday, August 16, 2023

Washington, D.C.--(Newsfile Corp. - August 16, 2023) - Scott Corwin has joined the American Public Power Association as the association's president & CEO.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - August 16, 2023) - Scott Corwin has joined the American Public Power Association as the association's president & CEO.
  • Prior to NWPPA, he served as the executive director of the Public Power Council, advocating for public power's access to federal power from the Bonneville Power Administration.
  • "Having worked closely with APPA for many years, I have seen firsthand the great work it does on behalf of public power," said Corwin.
  • APPA represents public power before the federal government to protect the interests of the more than 49 million people that public power utilities serve, and the 96,000 people they employ.

Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, joins Hydrostor as Special Advisor to the Board

Retrieved on: 
Wednesday, May 17, 2023

TORONTO, CANADA, May 17, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution provider, announced today the appointment of Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, as a Special Advisor to the Hydrostor Board.

Key Points: 
  • TORONTO, CANADA, May 17, 2023 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading global long duration energy storage (LDES) solution provider, announced today the appointment of Richard Glick, former Chairman of the US Federal Energy Regulatory Commission, as a Special Advisor to the Hydrostor Board.
  • Chairman Glick was nominated to serve on the Federal Energy Regulatory Commission by President Donald Trump in August 2017 and confirmed by the U.S. Senate on November 2, 2017.
  • He was subsequently designated to Chair the Commission by President Joseph Biden on January 21, 2021.
  • “Long Duration Energy Storage infrastructure is going to play an increasingly critical role in the transition to a reliable clean energy future.

Hydrostor Announces Advisory Board to Accelerate Deployment of Long Duration Energy Storage Infrastructure

Retrieved on: 
Wednesday, November 30, 2022

TORONTO, CANADA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading long-duration energy storage solution provider, announced today the members of its newly formed Advisory Board.

Key Points: 
  • TORONTO, CANADA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hydrostor Inc. (Hydrostor), a leading long-duration energy storage solution provider, announced today the members of its newly formed Advisory Board.
  • The foundation members bring a wealth of knowledge from the energy industry and will support Hydrostors mission to enable the energy transition through the international deployment of critical energy infrastructure, using Hydrostors long duration advanced compressed air energy storage (A-CAES) solution.
  • Judith (Judi) Johansen, Independent Hydrostor Board Member, noted The formation of the Advisory Board is an indication of Hydrostors growing market presence and ambitious energy infrastructure build-out targets.
  • We look forward to further demonstrating the complimentary role A-CAES plays with existing energy systems and skillsets, and positioning Hydrostor as a leading long duration energy storage provider.

New Fire-Retardant Technology Tested at Department of Energy's Bonneville Power Administration Demonstrates Ability to Self-Extinguish Flames from a Lightning Strike

Retrieved on: 
Wednesday, October 26, 2022

MARINA DEL REY, Calif., Oct. 26, 2022 /PRNewswire/ -- Prior to earning patent #11441076 for its fire prevention coating formula by the U.S. Patent and Trademark Office last month, Sunseeker Enterprises, Inc. DBA Sun FireDefense is publicly announcing the results of a test that used the same fire retardant with the Department of Energy's Bonneville Power Administration. An engineering and technical service report titled "Evaluation of Wood Pole Fire Retardant Treatment" energized two field-aged cedar poles with a simulated lightning strike which resulted in the "treated pole burning less vigorously and self-extinguishing more quickly." The test was significant in that the heat of a lightning strike is approximately 50,000 degrees in comparison to a typical wildfire, which is approximately 1400 degrees and the application for which the spray formula was developed and patented. The test results were authored by J.G. Hildreth, who was assisted by R.S. Dizon and it reviewed by S. Khem of the Bonneville Transmission Line Technical Services group.

Key Points: 
  • Dizon and it reviewed by S. Khem of the Bonneville Transmission Line Technical Services group.
  • They then energized both poles from a 460-kV winding of Bonneville Fog Chamber test transformer.
  • Fire suppression systems can prevent wildfires from sparking events; this test shows that our product may be an effective tool.
  • The line was inspired by some of the most influential experts in aerospace, firefighting, and electric power generation.

NextEra Energy Resources and Portland General Electric celebrate first-in-the-nation combined clean energy facilities

Retrieved on: 
Wednesday, September 28, 2022

LEXINGTON, Ore., Sept. 28, 2022 /PRNewswire/ -- Today, state and local leaders joined NextEra Energy Resources, LLC, and Portland General Electric (PGE) to celebrate the commissioning of the first utility-scale energy facilities in North America to co-locate wind, solar and battery storage, generating renewable power for customers. 

Key Points: 
  • NextEra Energy Resources, LLC (together with its affiliated entities, "NextEra Energy Resources") is a clean energy leader and is one of the largest wholesale generators of electric power in the U.S., with approximately 24,600 megawatts of total net generating capacity, primarily in 38 states and Canada as of year-end 2021.
  • The business operates clean, emissions-free nuclear power generation facilities in New Hampshire and Wisconsin as part of the NextEra Energy nuclear fleet.
  • NextEra Energy Resources, LLC is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE).
  • Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon.

Javier Fernandez elected to Ameritas board of directors

Retrieved on: 
Thursday, September 22, 2022

LINCOLN, Neb., Sept. 22, 2022 /PRNewswire/ -- L. Javier Fernandez, president & chief executive officer of the Omaha Public Power District, has been elected to the Ameritas Mutual Holding Company board of directors, Ameritas President and CEO Bill Lester announced.

Key Points: 
  • LINCOLN, Neb., Sept. 22, 2022 /PRNewswire/ -- L. Javier Fernandez, president & chief executive officer of the Omaha Public Power District, has been elected to the Ameritas Mutual Holding Company board of directors, Ameritas President and CEO Bill Lester announced.
  • L. Javier Fernandez, OPPD, has been elected to the Ameritas Mutual Holding Company board of directors.
  • Fernandez also will serve as a director for Ameritas Holding Company and Ameritas Life Insurance Corp.
    "Javier's business and financial acumen will be a great asset as Ameritas continues developing growth strategies for the future," Lester said.
  • Ameritas is a marketing name for Ameritas Mutual Holding Company and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York.