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Released April 05, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
Emera Completes Sale of New England Power Plants - Canadian energy company Emera (TSX:EMA) has closed the $590 million sale of its three natural gas-fired power plants in New England to Revere Power LLC, an affiliate of The Carlyle Group (NASDAQ:CG). Bridgeport is a 560-megawatt (MW) plant in Connecticut. Rumford Power is a 265-MW plant in Maine, and Tiverton Power generates 283 MW in Rhode Island. (Plants 1033700, 1034225, 1029426) (Kallanish Energy)
LNG
Venture Global Starts Construction on Louisiana LNG Plant - Venture Global LNG Incorporated has started construction at its Calcasieu liquefied natural gas (LNG) plant in Louisiana after receiving authorization, a senior company executive said on Thursday. (Project 300181515) (Reuters)
FINANCIAL
Targa Closes $1.6 Billion Bakken Sale - Targa Resources (NYSE:TRGP) has closed a $1.6 billion deal to sell a minority stake in its Bakken Shale assets in North Dakota. Targa confirmed on Thursday that the company closed a deal to sell 45% of its subsidiary Targa Badlands LLC to funds managed by New York-based GSO Capital Partners and Blackstone Tactical Opportunities. (Fuel Fix)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
POWER
Emera Completes Sale of New England Power Plants - Canadian energy company Emera (TSX:EMA) has closed the $590 million sale of its three natural gas-fired power plants in New England to Revere Power LLC, an affiliate of The Carlyle Group (NASDAQ:CG). Bridgeport is a 560-megawatt (MW) plant in Connecticut. Rumford Power is a 265-MW plant in Maine, and Tiverton Power generates 283 MW in Rhode Island. (Plants 1033700, 1034225, 1029426) (Kallanish Energy)
LNG
Venture Global Starts Construction on Louisiana LNG Plant - Venture Global LNG Incorporated has started construction at its Calcasieu liquefied natural gas (LNG) plant in Louisiana after receiving authorization, a senior company executive said on Thursday. (Project 300181515) (Reuters)
FINANCIAL
Targa Closes $1.6 Billion Bakken Sale - Targa Resources (NYSE:TRGP) has closed a $1.6 billion deal to sell a minority stake in its Bakken Shale assets in North Dakota. Targa confirmed on Thursday that the company closed a deal to sell 45% of its subsidiary Targa Badlands LLC to funds managed by New York-based GSO Capital Partners and Blackstone Tactical Opportunities. (Fuel Fix)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
