Duke Energy IURC Edwardsport decision a key positive, says Bernstein Bernstein said IURC Edwardsport settlement decision is a significant positive for Duke as it reduces uncertainty regarding the ultimate cost of the project.
FERC requests additional information to process Dynegy acquisitions applications Dynegy (DYN) announced that the Federal Energy Regulatory Commission, FERC, issued a letter requesting additional information to process the applications filed with FERC on September 11 for approval of Dynegy’s acquisition of Duke Energy Midwest Generation (DUK) assets and retail business and EquiPower Resources and Brayton Point Holdings assets. The company plans to respond fully within the 30-day period however, due to this request for additional information, we do not expect the transactions to close by the end of the first quarter 2015. Dynegy, Duke and Energy Capital Partners remain committed to closing the transactions as quickly as possible. The only regulatory approval remaining is from FERC.