El Paso CEO says no rush on Asian plant sale
"We don't feel under any particular pressure (to accelerate the divesture timetable), but if the market has indeed improved and those aren't part of our long-range plans for the company we would sell at the right price," Foshee told reporters at a luncheon.
A banking source told Reuters earlier that the U.S. natural gas producer and pipeline company would likely select a buyer for the fleet of power plants with a capacity of more than 4,000 megawatts by the end of March.
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WASHINGTON - The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today released a Notice of Intent announcing $550 million to support community-based clean energy in state, Tribal, and local governments — serving more than 250 million Americans. This investment in American communities, through the Energy Efficiency and Conservation Block Grant (EECBG) Program, will support communities across the country to develop local programming and deploy clean energy technologies to cut emissions, reduce consumers’ energy costs, and help meet President Biden’s goal of a net-zero economy by 2050.
“This funding is a streamlined and flexible tool for local governments to…
