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Projects/Contracts 2007 P32



Duke Energy acquires Tierra Energy's wind development business
Duke Energy said that it has acquired the wind power development business of Tierra Energy, a wind power development company located in Austin, Texas, from Energy Investors Funds for an undisclosed amount.

PNM Resources to buy Houston-area plant
PNM Resources said its joint venture with a unit of Cascade Investment, L.L.C., will acquire the CoGen Lyondell Power Generation Facility, a combined-cycle plant, from Dynegy for approximately $467.5 million.

EDF to build Belgium's first offshore wind farm
EDF Energies Nouvelles, together with its partners in the C-Power consortium, is building Belgium's first offshore wind farm at Thornton Bank, 25 km off the country's coast.

Hitachi to build power plants for Electrabel
Hitachi Ltd has won a 300bn yen ($2.47bn) order for three large coal-fired power plants from French utility Electrabel.

Consumers Energy to buy 946 MW plant
Consumers Energy has signed an agreement to buy a 946 MW natural gas-fired power plant in Zeeland, Mich. from LS Power Group for about $517 million, or $546/kW.

GE and BP form alliance for hydrogen power technologies
GE and BP have formed a global alliance to jointly develop and deploy technology for at least five power plants that could reduce emissions of carbon dioxide.

BP abandons plans to build UK carbon capture plant
UK oil supermajor BP has abandoned plans to build a carbon capture and storage plant in Scotland, after a government energy review delayed a subsidy award.

Rockwood contracts with Salt River Project for two COSR systems
The Salt River Project of Phoenix, AZ has awarded Rockwood Materials Handling the contract to supply two Circular Overpile Stacker/Reclaimers (COSR) handling PRB Coal for the Springerville Unit 4 Plant in Springerville, AZ.

GE unit to invest in 196 MW hydroelectric project in British Columbia
GE Energy Financial Services will make its first equity investment in Canada with the construction of a run-of-river hydroelectric project in British Columbia developed by Plutonic Power Corporation.

Russia drops plan to build undersea power cable to Finland
United Power will give up its effort to build an undersea electric cable from Russia to Finland, according to the Finnish Broadcasting Company [YLE].

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