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ABC News (Free subscription) | 11/11/2009
Virginia regulators approve natural gas rate agreement with Allegheny Energy Allegheny Energy - Business - United States - Energy - Oil and Gas
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MarketIntelligenceCenter.com (Free subscription) | 11/11/2009
Allegheny Energy (AYE) was downgraded today by analysts at Citigroup and the stock is now at $22.84, down $0.22 (-0.95%) on volume of 1,570,564 shares traded. The analysts reduced AYE to Hold from Buy. Over the last 52 weeks the stock has ranged from a low of $20.32 to a high of $35.97. Allegheny Energy stock has been showing support around $22.76 and resi...
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Center for Environment, Commerce & (Free subscription) | 11/11/2009
Potomac Edison plans to restart its proposal to build the Potomac-Appalachian Transmission Highline (PATH) in Frederick County and will file a new application with the Maryland Public Service Commission to build. On Sept. 9, the Maryland Public Service Commission rejected Potomac Edison's application for PATH because it would not be built by an electric company operating within Maryland, as state law...
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Business Wire (Free subscription) | 11/11/2009
GREENSBURG, Pa.--(BUSINESS WIRE)--Allegheny Energy, Inc. (NYSE: AYE) announced today that the Virginia State Corporation Commission has approved, without modification, an agreement between the company and the commission staff regarding the recovery of purchased power costs for the 12-month period ending June 30, 2010. Provisions of the agreement took effect on November 1. At that time, the bill for...
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The Washington Times (Free subscription) | 05/11/2009
RICHMOND -- The Virginia Supreme Court upheld permits for construction of a multistate power line Thursday, rejecting a claim by the project's opponents that state regulators ceded too much authority to the federal government. The court unanimously ruled that the State Corporation Commission's approval of the Virginia portion of the line was supported by evidence that the project is an acceptable solution...
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Business Wire (Free subscription) | 04/11/2009
GREENSBURG, Pa. & COLUMBUS, Ohio--(BUSINESS WIRE)--Allegheny Energy (NYSE: AYE) and American Electric Power (NYSE: AEP) announced today that their affiliates have filed a response to a motion by the Staff of the West Virginia Public Service Commission (PSC) to dismiss an application to build the Potomac-Appalachian Transmission Highline (PATH). In today’s filing, the PATH applicants agree...
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San Fransisco Chronicle (Free subscription) | 02/11/2009
(11-02) 11:29 PST Charleston, W.Va. (AP) -- Allegheny Power says it has invested $156 million in infrastructure improvements and other projects in West Virginia over the past two years. The projects include $71 million to install new service... West Virginia - United States - Associated Press - Allegheny Energy - Charleston South Carolina
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Business Wire (Free subscription) | 02/11/2009
GREENSBURG, Pa.--(BUSINESS WIRE)--Allegheny Power, the electric distribution business of Allegheny Energy, Inc. (NYSE: AYE), announced that the Pennsylvania Public Utility Commission has approved a portfolio of energy efficiency and conservation plans that will help customers save energy and meet the goals of Pennsylvania’s Act 129. In response to Pennsylvania’s Act 129, which requires...
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Business Wire (Free subscription) | 02/11/2009
GREENSBURG, Pa.--(BUSINESS WIRE)--Allegheny Power, the energy delivery business of Allegheny Energy, Inc. (NYSE: AYE), is completing $156 million in infrastructure improvements and new construction in West Virginia over the past two years. Allegheny works year-round to ensure reliable electric service for its customers, including more than 500,000 homes and businesses in The Mountain State. “Our...
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Madd Money (Free subscription) | 30/10/2009
MetLife, First Solar, Goodyear, Exxon, Proctor & Gamble, Allergan, American Electric Power Co Inc., Allegheny Energy Inc., Motorola, Sprint Insurance and financial services provider MetLife Inc. (NYSE: MET) reported its third-quarter results yesterday after the market close, posting a $620 million quarterly loss for the third quarter in a row. The company said it was burdened [...]
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