Wednesday , 17 December 2025

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Massachusetts taps rival utility for ‘blast recovery’

Bloomberg The Massachusetts governor declared a state of emergency after explosions along a natural gas distribution system operated by NiSource Inc. killed one person and injured more than 25 others. He tapped another utility owner to oversee the recovery. Eversource Energy would now be “in charge,” Governor Charlie Baker said. The move came after local officials criticised the operator of …

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AltaGas considers Canadian IPO in shift to US after WGL deal

Bloomberg AltaGas Ltd. is intensifying its shift towards the US, following up its $4.6 billion takeover of Washington utility WGL Holdings Inc. with a plan to spin off its Canadian assets through an initial public offering. The IPO and a debt repayment from the new company would deliver $770 million in cash proceeds to AltaGas, which plans to use the …

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Europe to make up quarter of global wind power in 5 years

Bloomberg Europe’s installed wind power capacity is seen ballooning to 258 gigawatts, or about a quarter of the world’s entire output, within five years. European wind project developers will install an average of 17 gigawatts of capacity, or the equivalent of 17 nuclear reactors, annually for the next half decade, lobby group Wind Europe said in its Outlook to 2022 …

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