Iberdrola to buy out Avangrid in $2.6 B deal
The agreement comes after Avangrid abandoned an $8.3 billion deal to acquire US competitor PNM Resources in January.
The agreement comes after Avangrid abandoned an $8.3 billion deal to acquire US competitor PNM Resources in January.
1000 victims are each seeking up to $5 million for actual losses such as property damage, and up to $25 million for losses such as emotional distress.
The global market for transformer monitoring systems is expected to reach $5.3 B by 2030, at a CAGR of 8.5 %.
VRT signed an agreement for the design and supply of mobile substations with one of America’s utilities and has now shipped two mobile substations to America.
Hydro-Québec and Central Maine Power increased their offer to Maine as the two are eager to get transmission line approval to connect Quebec to New England’s grid.
Siemens introduces the offering that allows utilities and generation owners to lease a Plug & Play GSU Resilience Transformer for outage or emergency response.
USA: Twenty-eight utilities have recently joined the Regional Equipment Sharing for Transmission Outage Restoration (RESTORE) program, which allows participants to share electricity transmission equipment among utilities to aid in potential disaster recovery efforts.
Utilities implore gamers: Don’t look for Pikachu at substations
USA, Pennsylvania: Pennsylvania Power & Light (PPL) Electric Utilities completed the Northeast-Pocono Reliability Project, a $350 million investment in new substations and power lines made to boost regional reliability.
USA, Delaware: Large U.S. utilities are joining forces to fund the creation of a new Delaware company, Grid Assurance LLC., which will stockpile critical pieces of electrical equipment that can be rushed to power companies if they are hit by terrorist attacks, earthquakes or other disasters that could cause extended blackouts.