Wall-based New Jersey Resources’ board of directors declared Wednesday a quarterly dividend on its common stock of $0.42 per share.
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Energy
JCPL expands substation in West Amwell
Morristown-based Jersey Central Power & Light announced Monday it plans to build a $10 million substation expansion in West Amwell Township to enhance service reliability and meet growing electricity demands in the area.
Read More »PBF Logistics LP princes initial public offering
Parsippany-based PBF Logistics LP, a master limited partnership formed by subsidiaries of PBF Energy Inc., announced Thursday it has priced an initial public offering of 13.75 million common units at $23.00 per unit.
Read More »American Water reports solid first quarter results
Voorhees-based American Water Works Company Inc., the largest publicly-traded U.S. water and wastewater utility company, reported Wednesday positive results for the first quarter 2014.
Read More »Unilever USA partners with NRG Energy to address global climate concerns
Unilever USA announced its partnership with NRG Energy yesterday to demonstrate the importance of collaboration when addressing global climate concerns.
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Feds OK 47 million for N.J. offshore wind project amid clash with state regulators
An offshore wind energy project near Atlantic City has been awarded up to $47 million in federal funding, only weeks after being rejected by New Jersey regulators and faced with new doubts after several years of planning.
Read More »NRG Yield Inc. reports net income of 18M, raises quarterly dividend by 6 percent
Princeton-based NRG Yield Inc. reported Tuesday that its first quarter 2014 net income was $18 million, or $0.17 per diluted Class A common share.
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PSEG, state regulators settle on 1.2 billion ‘Energy Strong’ grid-hardening project
A deal with state regulators will allow Public Service Electric and Gas to move ahead with its high-profile Energy Strong program—first proposed with a $3.9 billion price tag—to harden its utility infrastructure in the wake of Hurricane Sandy.
Read More »Sealed Air reports Q1 net sales of 1.8B
Elmwood Park-based Sealed Air Corporation announced Wednesday financial results for the first quarter of 2014.
Read More »Exelon to acquire Mays Landing-based Pepco Holdings
Chicago-based Exelon Corporation and Pepco Holdings Inc., headquartered in Mays Landing, announced Wednesday that they have signed an agreement to combine the two companies in an all-cash transaction.
Read More »PBF Logistics LP launches IPO
Parsippany-based PBF Logistics LP, a master limited partnership formed by subsidiaries of PBF Energy Inc., announced Wednesday that it has launched an initial public offering of 13.75 million units.
Read More »Bel reports Q1 net earnings, revenue increases to 82.6M
Jersey City-based Bel Fuse Inc. announced Wednesday preliminary financial results for the first quarter of 2014 that ended on March 31.
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