Parsippany-based PBF Logistics LP has made another “drop-down” deal, it said Tuesday, acquiring the Toledo Storage Facility in Ohio from a subsidiary of PBF Energy for $150 million.
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Energy
Hillsborough water infrastructure company names CEO
Natural Systems Utilities LLC, a distributed water infrastructure company, has named Robert D. Dixon its chief executive officer, it announced Monday.
Read More »N.J. energy provider expands footprint in Florida with natural gas acquisition
Supreme Energy Inc., an Orange-based full-service energy provider, announced Monday that it will acquire Southern State Gas LLC, a Florida-based natural gas provider, for an undisclosed price.
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BPU again rejects Fishermen’s Energy project
The New Jersey Board of Public Utilities voted Friday to again reject a project put forth by Cape May-based Fishermen's Energy for a 25-megawatt wind farm three miles off the coast of Atlantic City.
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NRG sets lofty sustainability goals at groundbreaking of new green HQ
The fruits of Economic Development Authority's tax incentives for NRG Energy came to bear as the energy giant held a groundbreaking for its new 130,000-square-foot headquarters at Carnegie Center in Princeton on Thursday. It was an event the company also used to unveil its lofty sustainability plans.
Read More »PSEG declares quarterly dividend
Public Service Enterprise Group on Tuesday declared its quarterly dividend for the fourth quarter of 2014.
Read More »South Jersey Industries unit wins Virginia contract
South Jersey Industries announced Monday that its South Jersey Resources Group unit will supply fuel management services to a Virginia natural gas generating station.
Read More »NRG Energy names first CEO of its Home division
NRG Energy on Thursday announced that its NRG Home unit will have its first CEO and president, effective Dec. 1.
Read More »Former Alcatel-Lucent chairman takes over as CEO of Mass. company
A Massachusetts company has named a new CEO and president: the former chairman of Alcatel-Lucent, the company formed in 2006 by the merger of Alcatel and Murray Hill-based Lucent Technologies.
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Bringing military discipline to business practices
Frank Libutti is all about the mission — and as a retired U.S. Marine Corps lieutenant general who served from 1966 to 2001, he brings that level of focus and attention to his dealings as president and CEO of PS&S Global.
Read More »Astrodyne acquires Hackettstown-based power supplies manufacturer
Astrodyne Corp., a Mansfield, Massachusetts-based developer of specialized power solutions, announced Thursday that it has acquired Hackettstown-based TDI Power.
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Private-sector cleanup experts playing key role at Roche site
From gas stations to dry cleaners to old industrial buildings, a 5-year-old state program is streamlining environmental cleanups at more than 10,000 sites in New Jersey.
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