Genie Energy Ltd. announced Monday that its Genie Retail Energy division has acquired Mirabito Natural Gas from Angus Energy for $3 million, plus Mirabito’s working capital.
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Energy
Morristown renewable energy company acquires 2 hydro facilities in Maine
Morristown-based Eagle Creek Renewable Energy announced it has acquired approximately 30 MW of hydroelectric facilities from Madison Paper Industries.
Read More »Energy investing in New Jersey is a worthy consideration
Changes are afoot in the New Jersey energy sector, possibly meaning new investment opportunities.
Read More »PSEG proposes 2.7B upgrade to gas distribution system 5-year project to create 3,000 new jobs
New Jersey’s largest power and gas supplier, Public Service Electric and Gas Co., is looking to spend $2.7 billion over the next five years, or $540 million per year, to replace a quarter of its outdated cast iron pipe system.
Read More »Newark’s Lime Energy names new COO
Lime Energy, a Newark-based provider of energy efficiency products and services, has named a new chief operating officer, it announced recently.
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Update N.J. business named finalist for U.S. Chamber of Commerce honor
TerraCycle Inc., the Trenton-based recycler of nontraditional waste products, has been named a finalist in the U.S. Chamber of Commerce’s “Dream Big Small Business of the Year Award” competition, the chamber announced recently.
Read More »NRG launches transformation of company, intending to strengthen earnings
Princeton-based power company NRG Energy has launched a “transformation plan” designed to bolster its financial picture, it announced Wednesday.
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JCPL announces changes to its leadership team
Jersey Central Power & Light, a FirstEnergy Corp. subsidiary, announced Monday some changes to its leadership team.
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Outgoing PSEG president forsees a change in how customers are charged for delivery of service
New Jersey residents should only have to pay for the equipment they are borrowing every month — not power usage.
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Ralph LaRossa leaving PSEG for new role leading PSEG Power
Ralph LaRossa is leaving his post as president and chief operating officer of Public Service Electric & Gas for a new position in the Public Service Enterprise Group family, PSEG announced Friday.
Read More »Linde announces production joint venture with Air Products
Bridgewater-based Linde North America Inc. announced a new joint venture with Air Products to build a large-scale air separation unit and industrial gas liquefier in New York.
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JCPL completes 124M Monmouth transmission line project
Jersey Central Power & Light’s $124 million Oceanview Reinforcement Project has gone into service, the utility announced Tuesday.
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