NORTHEAST UTILITIES: Expects Court Argument on DOE Appeal in ‘08

The U.S. Department of Energy’s appeal over the decision of the Court of Federal Claims in the action tagged Yankee Companies v. U.S. Department of Energy is expected to be argued before the Court of Appeals in 2008.

Northeast Utilities’…

NORTHEAST UTILITIES: Con Edison Merger Dispute Settled in March

Northeast Utilities, on March 13, 2008, entered into a settlement agreement with Consolidated Edison Inc. settling all claims under the civil lawsuit between both parties relating to the proposed but unconsummated merger.

On March 5, 2001, Con Edison advised the…

NORTHEAST UTILITIES: WMECO’s 2007 Transition Cost Filing Pending

The schedule for reviewing Western Massachusetts Electric Company’s 2007 transition cost reconciliation filing will be set by the Massachusetts Department of Public Utilities (DPU) at a later date, according to Northeast Utilities’ Form 10-Q dated Aug. 6, 2008.

WMECO is…

NORTHEAST UTILITIES: Awaits Ruling on CTA/SBC Reconciliation Bid

Northeast Utilities, in its Form 10-Q dated Aug. 6, 2008, disclosed that it expects a decision from the Connecticut Department of Public Utility Control by the end of 2008, regarding its Competitive Transition Assessment (CTA) and System Benefits Charge (SBC)…

NORTHEAST UTILITIES: Awaits Ruling on Procurement Fee Rate Case

A date for the new draft decision in The Connecticut Light and Power Company’s procurement fee rate proceedings docket has not yet been determined by the Connecticut Department of Public Utility Control.

CL&P is a Northeast Utilities subsidiary.

CL&P was…

NORTHEAST UTILITIES: Yankee Gas & NRG Claims Settled in February

The competing claims filed by Yankee Gas Services Company and NRG Energy, Inc. were settled in February 2008, under a settlement agreement entered into by the parties.

Yankee Gas is a Northeast Utilities subsidiary.

On Oct. 9, 2002, NRG informed Yankee Gas…

NORTHEAST UTILITIES: CL&P’s Settlement w/ NRG Approved Last Jan.

The Connecticut Department of Public Utility Control, on Jan. 28, 2008, issued a final decision in The Connecticut Light and Power Company’s rate case proceeding in which it also approved the confidential settlement between CL&P and NRG Energy, Inc.

CL&P is…

CLOUD PEAK ENERGY: Decker in Dispute with MMS on Coal Royalties

Decker Coal Company, a joint venture in which Cloud Peak Energy Inc. owns a 50% interest, remains engaged in disputes with the Minerals Management Service (MMS) related to collection of royalties on coal produced from federal coal leases.

The MMS, a…

DIAMOND FOODS: CPUC Approval of Settlement with PG&E Pending

The settlement between Diamond Foods, Inc. and PG&E resolving the breach of contract dispute stemming from the Company’s decision to cease operating its cogeneration facility is subject to approval by the California Public Utilities Commission.

PG&E’s complaint filed on Feb. 3,…

AES CORP: 2009 Hearing Set for AESEC Arbitration v. Contractor

The final hearing is scheduled to begin in June 2009, on the arbitration initiated by AES Corp.’s subsidiary, AES Energia Cartagena SRL (AESEC), against Initec Energia SA, Mitsubishi Corporation, and MC Power Project Management, SL (Contractor).

In July 2007, AESEC received…

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