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Recently in Public Power Current
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Generation
Capital Power, which is headquartered in Canada, has entered into an memorandum of understanding with Apollo Funds to form an investment partnership to pursue the acquisition of merchant U.S. natural gas generation assets, with total potential committed equity of up to $3 billion.
Reliability
The House of Representatives on Dec. 11 passed H.R. 3898, the Promoting Efficient Review for Modern Infrastructure Today (PERMIT) Act, by a vote of 221-205.
Workforce
New York Gov. Kathy Hochul recently announced $40 million in new annual workforce development funding over the next four years from the New York Power Authority (NYPA) to develop the workforce needed to support advanced nuclear energy in Upstate New York.
Reliability
Arizona public power utility Salt River Project ranked third nationwide among electric utilities serving more than 500,000 customers for reliability performance, according to the U.S. Energy Information Administration (EIA), SRP recently reported.
Bonds and Financing
Texas public power utility Kerrville Public Utility Board on Dec. 12 announced that its inaugural Public Facility Corporation bond issuance, supporting the construction of KPUB’s new 122-megawatt natural gas-fired generation facility, has been named the 2025 Small Issuer Financing Deal of the Year by The Bond Buyer.
Transmission
A study that finds that the western U.S. and Canada electricity grid is significantly underutilized in many areas could help steer new data centers, industrial plants, and major generating projects toward corridors and regions with available headroom, avoiding long waits for new transmission lines and interconnection approvals.
Generation
Secretary of Energy Chris Wright recently visited the Ice Harbor Dam in Washington State with Bonneville Power Administration Administrator and CEO John Hairston and Brigadier General William Hannan Jr.
Generation
The Omaha Public Power District recently celebrated the completion of its Standing Bear Lake Station with a ribbon-cutting event.