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Energy Capital in talks to buy Calpine

Bloomberg Energy Capital Partners, the private equity firm that owns the largest stake in US power generator Dynegy Inc., is now in advanced talks to buy its rival Calpine Corp., according to people familiar with the matter. Energy Capital may announce a deal to buy the Houston-based company as soon as next week, said the people, who asked not to ...

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Solar energy boost in N Carolina sends wind to the sidelines in US

Bloomberg North Carolina passed a clean-energy bill that could spur a wave of new solar projects in the country’s second-biggest solar state — but at the expense of wind. House Bill 589, which Governor Roy Cooper has signed, places a moratorium on new wind development through December 2018. The law creates a competitive bidding process that will bring more than ...

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Trump may have to boost biofuel as court deals blow to oil

Bloomberg The Trump administration may have to reconsider its proposal from earlier this month to curb biofuel use after a US appeals court in Washington ruled that the Environmental Protection Agency doesn’t have the authority to cut quotas while citing inadequate domestic supply. The unanimous ruling by a three-judge panel comes amid conflicting legal challenges to actions taken by the ...

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