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The case shows how easy it is for companies to manipulate regional transmission organization capacity auctions and underscores the need for stronger safeguards, said a consumer watchdog.
Dynegy, which came out of its own bankruptcy in 2012, hasn’t stood around under Flexon, who took over as CEO in 2011. Last month, the company announced plans to purchase 17 power plants through ...
Dynegy, an energy company, said Friday that it has agreed to sell itself to the Blackstone Group for $4.7 billion, including debt, in one of the largest leveraged buyouts of the year.
Dynegy "still has some serious financial issues," said Michael Worms, an energy analyst in New York for investment banking firm Gerard Klauer Mattison. Article continues below this ad ...
Dynegy announced the proposed deals last year, valuing them at more than $6 billion, to nearly double its generation capacity to almost 26,000 megawatts. The company was set to be focused on more ...
Dynegy would have more than 20,000 megawatts of generating capacity from 31 power plants in 15 states. LS Power is contributing about 8,300 megawatts, which it said is predominately contracted.
Dynegy shares fell 12 cents, or 1.6 percent, to close at $7.40. The level hit depths below the $6.70 level, its 52-week low, and then started bouncing back along with the rest of the market.
Dynegy and Enron Corp. raised investors' hopes late Friday with the announcement of a merger agreement between the two companies. Enron's long-term bonds rallied after Moody's didn't downgrade ...
IRVING, Texas, July 14, 2021 /PRNewswire/ — Dynegy ranked No.1 in overall excellence, price competitiveness, and ease of doing business, as part of Energy Research Consulting Group’s (E… ...
Former Dynegy executive Jamie Olis arrives with his wife, Monica, for his sentencing in an accounting fraud case. Supporters wearing yellow ribbons filled the Houston courtroom.
Dynegy shareholders overwhelmingly approved the $2.2 billion merger with power plant developer LS Power today. The votes cast by investors in favor of the deal represented 78 percent of the Class ...
Specifically, Dynegy makes reference to, and incorporates herein by reference, the section entitled “Risk Factors” in its most recent Form 10-K and subsequent reports on Form 10-Q.