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News Breaks
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October 29, 2009
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| 08:11 EDT |  | TEG |
| theflyonthewall.com: | Integrys Energy to sell wholesale natural gas marketing busines | | Integrys Energy Group announced that its nonregulated subsidiary, Integrys Energy Services, Inc., has signed an agreement to sell its wholesale natural gas marketing business in a two-part transaction. The first part of this transaction involves substantially all of Energy Services' wholesale natural gas marketing business, which generated physical volumes of 445.6 Bcf in 2007 and 594.9 Bcf in 2008. Closing for this part of the deal is anticipated by the end of Q4 of 2009, and is expected to reduce collateral support requirements by $290M. The second part of this transaction includes 11.5 Bcf of storage contracts. Between now and April 2011, Integrys Energy Services will provide the buyer with fee-based services related to approximately 8 Bcf of the 11.5 Bcf total retained storage contracts. The remaining 3.5 Bcf of the retained storage will be divested in the normal course of business and is expected to be completed in Q1 of 2010. Other financial terms and conditions are not being disclosed at this time. :theflyonthewall.com |
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February 10, 2012
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| 12:01 EDT | | TEG |
| theflyonthewall.com: | enXco Service signs O&M agreement with Wisconsin Public Service Corp. | | enXco Service, an EDF Energies Nouvelles Company, has signed a multi-year Operations and Maintenance Agreement with Wisconsin Public Service Corporation, a subsidiary of Integrys Energy, for the Crane Creek Wind Farm. Crane Creek Wind Farm, a 99 megawatt wind project is comprised of 66 General Electric n(GE) 1.5-MW wind turbines. Under the terms of the O&M Agreement, enXco Service Corp. will provide complete O&M for the turbines and 24/7 remote monitoring and fault resets from its fully NERC compliant Operations Control Center. :theflyonthewall.com |
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February 9, 2012
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| 08:01 EDT | | TEG |
| theflyonthewall.com: | Integrys Energy expands services | | Integrys Energy Services, a subsidiary of Fortune 500® Integrys Energy Group announced the expansion of its energy supply services within Washington DC, Maryland and Virginia to include natural gas for commercial and industrial customers. Integrys Energy Services is currently one of the leading local suppliers of commercial, industrial, and residential natural gas and electricity because of price competitiveness, commitment to customer relationships, and national reputation. :theflyonthewall.com |
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