Dynergy CFO to settle fraud charges
The Securities and Exchange Commission announced the settlement with the former finance chief, Robert Doty Jr., who agreed to pay a civil fine of $120,000 and restitution of $200,000 plus $56,560 in interest. Doty also was barred for five years from serving as an officer, director or accountant of any public company.
Two other former Dynegy executives, former vice president of taxation Gene Foster and former in-house accountant Helen Sharkey, also settled the SEC's charges.
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Nova Scotia Power says it now generates 30 per cent of its power from renewables
HALIFAX - Nova Scotia's private utility says it has hit a new milestone in its delivery of electricity from renewable resources.
Nova Scotia Power says 30 per cent of the electricity it produced in 2018 came from renewable sources such as wind power.
The utility says 18 per cent came from wind turbines, nine per cent from hydroelectric and tidal turbines and three per cent by burning biomass.
However, over half of the province's electrical generation still comes from the burning of coal or petroleum coke. Another 13 per cent come from burning natural gas and five per cent from imports.
The utility says…
