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FERC has allowed a Singaporean government-owned investment firm to claim a 20% stake in Duke Energy Indiana over the concerns of public consumer groups.
Backed by state leaders, Charlotte, N.C.-based Duke Energy (NYSE:DUK) on Monday rejected hedge fund Elliott Management’s proposal to break up the company into three regionally focused, publicly traded utilities. Elliott — whose management of funds invested in Duke make it one of the company’s top 10 investors, it claims —...
FERC last week partially accepted PJM’s compliance filing to amend its tariff regarding the station power monthly netting provision. The commission ruled that PJM’s new subsection 1.7.10(d)(iv) of the tariff largely addressed requested clarifications required by a September 2020 order that ruled that generating facilities that are not online and...
