Archive for the ‘ENERGY – Market Sector’ Category

Fitch gives Mississippi Power a negative outlook due to Kemper plant

GULFPORT — Fitch Ratings has affirmed the issuer default rating (IDR) and security ratings for Southern Company, and has affirmed the IDRs and debt ratings for Southern Company’s subsidiaries. The rating outlook for all of the subsidiaries is stable, except for Mississippi Power, which remains negative. Fitch wrote: “The key near-term uncertainty at Mississippi Power […] [...]

MBJ’s Mississippi Marketplace begins Friday as it celebrates 31st year with new name

by Published: September 18,2014

Tags: Business, JACKSON, marketplace, Mississippi, NEWS, Trade Mart

The MBJ Business Marketplace gets under way today at the Mississippi Trade Mart at the fairgrounds in Jackson with a new name and new features. EVENT TICKET (Download, fill out and get FREE admission to the MBJ Business Marketplace) Formerly the Mississippi Business & Technology EXPO, the revamped and renamed Marketplace still is the largest […] [...]

Callon Petroleum stock sale for acquisitions raises $122M

NATCHEZ — Callon Petroleum Co. has raised $122 million from a stock sale, with plans to use the proceeds to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company announced it has sold 14.38 million shares at $9 per share, paying about $7 […] [...]

CenterPoint Energy consolidates 3 smaller offices into one

by Published: September 15,2014

Tags: Business, energy, Mississippi, NEWS

CenterPoint Energy employees are settling in after moving in July to the company’s new location at 300 Executive Park Boulevard in Byram. The new building has 10,000 square feet of office space and 3,000 feet of warehouse space. There also is a training room and conference room for the staff’s use. “We consolidated the Brookhaven, […] [...]

Entergy again makes top 10 for economic development efforts

NEW ORLEANS — For the seventh consecutive year, Entergy Corporation has been named one of the nation’s top 10 utilities in economic development for 2013 by Site Selection magazine. The company was chosen for its efforts to help attract nearly $21 billion in projects, which could result in as many as 9,200 jobs across its […] [...]

TVA lowering Pickwick reservoir to inspect dam due to earthquake concerns

NORTHEAST MISSISSIPPI — The Tennessee Valley Authority is lowering the water level at Pickwick Landing Reservoir to test the soundness of the dam there. According to the utility, a recent dam inspection showed the possibility that an earthen portion of the dam could be damaged by a large earthquake. The reservoir is located about 120 […] [...]

Callon Petroleum to sell shares to fund acquisition in Texas

NATCHEZ — Callon Petroleum Company is selling stock to pay for new oil and gas properties it plans to buy in the Permian Basin of west Texas. The Natchez-based company will sell 12.5 million shares, giving the brokerages underwriting the sale the option to buy up to another 1.875 million shares. At current prices, Callon […] [...]

PSC approves waiver of utility deposits for domestic violence victims

JACKSON — Mississippi regulators have approved a plan to let victims of domestic violence delay paying utility deposits for 60 days as a way to help victims move away from abusers even if they don’t have enough money to pay deposits. The Public Service Commission voted 3-0 yesterday to approve the waiver, a month after […] [...]

Regulators to look at electric power co-ops’ books

JACKSON — Regulators will review the books of Mississippi’s 25 electric power associations to try to determine whether they are holding money that should instead flow back to customers. The Mississippi Public Service Commission voted 3-0 yesterday for its own legal staff and the freestanding Public Utilities Staff to conduct a joint review, with an […] [...]

Presley calling for investigation of electric power associations

JACKSON — Northern District Public Service Commissioner Brandon Presley wants the utility regulator to investigate whether some electric power associations are holding money they should refund to their member-owners. Presley, a Democrat, said yesterday that he plans to ask the Public Service Commission at its meeting today to launch a formal inquiry. Michael Callahan, CEO […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments