AES CORP: Irtysh to Face Kazakhstan’s Competition Committee

Irtysh Power and Light, LLP will assert its claims and defenses against the Competition Committee of the Ministry of Industry and Trade of the Republic of Kazakhstan in any formal proceeding, according to AES Corp.’s Form 10-Q dated Aug. 7,…

AES CORP: Electrobras’ Suit on Financing Deal in Brazil Pending

The suit filed in February 2008, by Companhia de Transmissao de Energia Eletrica Paulista (”CTEEP”) against AES Corp.’s subsidiary, Eletropaulo Metropolitana Electricidad de Sao Paulo S.A. (”Eletropaulo”), and Centrais Eletricas Brasileiras S.A. (”Eletrobras”) remains pending in the Fifth District Court…

AES CORP: SEB Continues Defending v. BNDES’ Collection Lawsuit

AES Corp.’s subsidiary, Southern Electric Brasil Participacoes, Ltda. (”SEB”), continues to defend against Brazilian National Development Bank (”BNDES”)’s collection suit.

In April 2004, BNDES filed a collection suit against SEB to obtain the payment of BRL3.3 billion (US$1.6 billion) under…

FIRSTENERGY CORP: FERC Has Yet to Rule on MISO’s June 25 Filing

A decision by the Federal Energy Regulatory Commission on the Midwest Independent Transmission System Operator, Inc.’s (MISO) June 25, 2008 compliance filing is expected this fall of 2008, according to FirstEnergy Corp.’s Form 10-Q dated Aug, 7, 2008.

On Oct. 1,…

ENTERGY CORP: Vermont Yankee Deal Approval Request in Discovery

Discovery is underway in the proceeding initiated by Entergy Nuclear Vermont Yankee and Entergy Nuclear Operations, Inc. on Jan. 28, 2008 relating to their request for approval from the Vermont Public Service Board relating to the credit support agreement for…

ENTERGY CORP: Suit v. Insurer on Hurricane Claim Ended Last July

Entergy Corp., in July 2008, has settled the lawsuit it had filed in the third quarter of 2007, against its other excess insurer on the Hurricane Katrina claim in the U.S. District Court for the Eastern District of Louisiana.

At issue…

AES CORP: UUT Dispute with City of Redondo Beach Settled in July

AES Corp. and Williams Power Co., Inc., in July 2008, reached a settlement with the City of Redondo Beach of California for the utility users’ tax (UUT) assessment.

In January 2005, the City of Redondo Beach issued an assessment against Williams…

ENTERGY CORP: NYPSC’s Approval on Reorganization Ruling Pending

Entergy Corp. continues to seek regulatory approval from the New York Public Service Commission relating to the petition filed by Entergy Nuclear FitzPatrick, Entergy Nuclear Indian Point 2, Entergy Nuclear Indian Point 3, Entergy Nuclear Operations, Inc., and corporate affiliate…

ENTERGY CORP: Bid for More Procedures Over FERC Ruling Pending

The motion proposing additional procedures on the remanded issues as filed by Entergy Louisiana, LLC and Entergy New Orleans, Inc. on July 17, 2008 is pending before the Federal Energy Regulatory Commission.

Entergy Louisiana, LLC and Entergy New Orleans, Inc. are…

AES CORP: Hydros to Appeal Competition Committee’s Damages Award

AES Corp.’s subsidiaries intend to file appeals with the Supreme Court of Kazakhstan regarding the damages awarded to the Competition Committee of the Ministry of Industry and Trade of the Republic of Kazakhstan.

In February 2007, the Competition Committee initiated administrative…

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