Category — Business Developments

On October 16, 2011, Kinder Morgan, Inc. (“Kinder Morgan”) and El Paso Corporation (“El Paso”) announced that Kinder Morgan will be buying El Paso for approximately $38 billion (including outstand debt), creating the largest natural gas pipeline and storage company in the country. [Read more →]

On October 18, 2011, SolarWorld Industries America Inc. (“SolarWorld”) filed a petition with the International Trade Commission (“ITC”) and the Department of Commerce (“Commerce”) alleging that crystalline silicon solar cells and panels imported from China are being sold at an unfair value in the U.S.  This practice is referred to as “dumping.”  The petition also alleges that imports from China are benefitting from unlawful government subsidies. [Read more →]

On October 5, 2011, the Obama Administration announced that it would “accelerate” permitting and construction of seven proposed electric transmission lines.  These projects will serve as pilot demonstrations of streamlined processes and increased cooperation among federal, state and tribal authorities.  [Read more →]

On September 30, 2011, FERC conditionally approved the proposed merger between Duke Energy Corporation (“Duke”) and Progress Energy, Inc. (“Progress”) (together, “Applicants”).  FERC “conditionally approved” the proposed merger, imposing conditions on the Applicants related to horizontal market power. [Read more →]

On September 20, 2011, Brian Harrison, and W.G. “Bill” Stover, Jr., asserted through counsel their intention to invoke their Fifth Amendment rights under the United States Constitution at a September 23, 2011 hearing before the House Energy and Commerce Committee, Subcommittee on Oversight and Investigations.  Harrison is currently Chief Executive Officer of Solyndra, Inc. (“Solyndra”) and Stover is Senior Vice President and Chief Financial Officer.  [Read more →]