Utilities

Bond proceeds will help fund construction of a $500 million natural gas-fired combined cycle generating facility.

Lawmakers agreed to get bids for the state-owned utility, although a final decision on a sale won’t be made until 2020.

The Austin City Council voted Thursday to issue $470 million in debt to purchase an East Texas biomass power plant that has only one customer, the city itself.

The sale of a city-owned broadband provider in Burlington, Vermont, concluded a tumultuous decade-long financial crisis that underscored the challenges of local governments trying to execute municipally run enterprises that compete against the private sector.

The agreement represents the culmination of decades-long negotiations between Idaho, Oregon, and Idaho Power.

Westinghouse, the former contractor for the utility’s failed nuclear reactor project, filed a lawsuit to recover property it says the state-owned utility is withholding.

Tuesday's election demonstrated Normanites' deep reservations about funding and maintaining stormwater projects via a bond and utility fee.

City officials say their citizens' buy-in will lead them to success in a sector where other municipalities struggled in competition with corporate providers.

Moody's Investors Service downgraded one public electric utility and assigned negative outlooks to three after reviewing potential wildfire liability exposure.

The company that bought Vernon's power plant is suing the city in a case over whose fault it is that the plant operated below full capacity.