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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:01 EDTNEE, DTEDTE Energy buys Brookfield Township wind park from NextEra Energy
DTE Energy (DTE) has exercised its option to purchase one of the two Pheasant Run wind parks from a subsidiary of NextEra Energy Resources (NEE). The 75-megawatt Pheasant Run II wind park in the Thumb area's Huron County will be renamed the Brookfield Wind Park as a result of the purchase. Operating since earlier this year, it will shut down for one to two weeks to accomplish the ownership transition and convert the communication infrastructure. A subsidiary of NextEra Energy Resources will continue to own and operate Pheasant Run I, the energy from which will continue to be purchased by DTE Energy.
News For DTE;NEE From The Last 14 Days
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November 19, 2014
13:01 EDTDTEDTE Energy announces expansion in Bluestone system
DTE Energy (DTE) and Southwestern Energy Co. (SWN) signed an agreement to significantly expand their relationship centered on the Bluestone Pipeline and in-field gathering system. The new gathering agreement increases the infrastructure footprint associated with DTE Energy's gathering assets by approximately 50% in Susquehanna County, Pa. This agreement also increases Southwestern's transportation capacity on the Bluestone Pipeline. The 44.5-mile Bluestone Pipeline can deliver approximately 0.8 Bcf/day of gas to both the Millennium Pipeline in Broome County, N.Y., and the Tennessee Gas Pipeline in Susquehanna County, and is currently increasing its capacity to 1.0 Bcf/d by mid-2016.

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