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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:01 EDTDTE, NEEDTE 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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September 30, 2014
08:46 EDTDTEItron, DTE Energy announce collaboration for smart city demonstration project
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September 29, 2014
08:02 EDTDTEFord investing over $25M to install LED lighting in manufacturing facilities
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07:22 EDTDTEDTE Energy repeats FY14 operating EPS view $4.20-$4.40, consensus $4.40
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September 25, 2014
14:56 EDTNEEBerkshire, CenterPoint, others exploring bids for Oncor, Bloomberg reports
Berkshire Hathaway (BRK.A), CenterPoint Energy (CNP), Hunt Consolidated, and NextEra Energy (NEE) have signed confidentiality agreements to explore potential bids for Energy Future Holdings Corp.'s electricity distributor, Oncor, Bloomberg says, citing people familiar with the matter. NextEra Energy's bid for Oncor earlier this year valued Oncor at more than $17.5B, Bloomberg added. A total of ten potential bidders have signed confidentiality agreements. Reference Link
September 21, 2014
13:14 EDTNEEBidding now open on Energy Future Holdings's rights to Oncor, WSJ says
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September 18, 2014
11:01 EDTDTEDTE Energy's Echo Wind Park begins commercial operation
DTE Energy's Echo Wind Park has reached commercial operation. The Echo Wind Park in Huron County adds another 112 megawatts to DTE Energy's renewable energy portfolio, or enough to power 52,000 homes. The wind park, primarily in Oliver and Chandler townships in Michigan's Thumb area, is sited on nearly 16,000 acres. The wind park is the fourth to be owned and operated by DTE Energy.
September 17, 2014
07:36 EDTNEEWolfe Research to hold a conference
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