Mississippi Business Journal » regulator

Trustmark gets approval to acquire Alabama bank

Associated Press — Fri, 25 Jan 2013 18:02:59 +0000

JACKSON — Trustmark Corporation and Mobile, Ala.-based BancTrust Financial Group Inc. has received full regulatory approval in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is expected to be effective as of the close of business Feb. 15. “We look forward to [...]

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Casino officials want tougher facility regulations

Associated Press — Wed, 23 Jan 2013 14:46:21 +0000

JACKSON — Mississippi regulators want new casinos to be sturdier and gambling space larger with better restaurants and hotels. And the Mississippi Gaming Commission is ready to put the new requirements in writing. The Sun Herald reports the Gaming Commission is accepting written comments on the regulations. Commission executive director Allen Godfrey says depending on [...]

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AP makes corrections to story on Entergy Nuclear

Associated Press — Tue, 15 Jan 2013 14:03:36 +0000

In a story Jan. 13 about the Vermont Yankee nuclear power plant, The Associated Press reported erroneously how much power the plant supplies to Vermont. The plant currently supplies a small fraction of Vermont’s power, not a third, as it used to before a contract expired last March. The story also erroneously reported when the [...]

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Entergy in court in Vermont over nuclear plant

Associated Press — Mon, 14 Jan 2013 13:27:36 +0000

JACKSON — The question of whether Vermont’s only nuclear plant can continue operating without the approval of state regulators goes before a federal appeals court today in a dispute that has gained increasing attention nationally about the boundaries of federal authority over a controversial power source. Entergy Nuclear Operations Inc. brought the issue to court. [...]

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Trustmark, BancTrust extend merger deadline into 2013

MBJ Staff — Tue, 09 Oct 2012 17:05:50 +0000

JACKSON — Trustmark Corporation and BancTrust Financial Group Inc. report the definitive agreement dated May 28, 2012, pursuant to which BancTrust would merge into Trustmark, has been amended to accommodate the closing of the merger in early 2013. As such, the latest possible closing date for the merger has been extended from Dec. 31, 2012, [...]

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Entergy files application with FERC for spin-off/merger

MBJ Staff — Thu, 27 Sep 2012 17:06:17 +0000

NEW ORLEANS — ITC Holdings Corp. and Entergy Corporation have filed a joint application with the Federal Energy Regulatory Commission (FERC) seeking approval for Entergy’s utility operating companies to spin off and merge their electric transmission businesses into a subsidiary of ITC. Upon closing of the transaction, ITC will become one of the largest electric [...]

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Arkansas officials promise Entergy quick decision on MISO

Associated Press — Wed, 26 Sep 2012 12:38:27 +0000

NEW ORLEANS — Arkansas regulators have promised to decide quickly whether Entergy Corp. has met the state’s conditions to join a regional transmission group, while the utility appears to have made progress toward satisfying regulators in Mississippi. New Orleans-based Entergy, which owns utilities in Arkansas, Louisiana, Mississippi and Texas, wants to join the Midwest Independent [...]

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Regulators want to know where gas is going

Associated Press — Mon, 10 Sep 2012 12:14:14 +0000

JACKSON COUNTY — A state regulatory panel wants to know why a distribution system in a south Mississippi community is losing large amounts of natural gas. The Sun Herald reports the Moss Point/Escatawpa Gas Distribution System is unable to account for 42 percent of its natural gas, resulting in $2.8 million in lost revenue last [...]

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Commissioner Presley to personally challenge ‘AT&T Law’

Associated Press — Thu, 05 Jul 2012 15:27:06 +0000

JACKSON — A Mississippi utility regulator says he will challenge a new law that removes most of the state’s remaining regulatory authority over AT&T. Brandon Presley, who represents north Mississippi on the Public Service Commission, tells the Northeast Mississippi Daily Journal he’ll file the lawsuit as a private citizen in Hinds County Circuit Court. “It [...]

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Gas utilities want regulators to approve previously unapproved rates

Associated Press — Fri, 22 Jun 2012 15:44:15 +0000

NORTH MISSISSIPPI — Six municipally owned natural gas utilities are asking state regulators to approve rates they’ve already been charging customers without approval. The Northeast Mississippi Daily Journal reports the requests have been filed with the Public Service Commission by utilities in Pontotoc, Batesville, Booneville, Holly Springs, New Albany and Walnut. Northern District Public Service [...]

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