Natural gas inventories rise less than expected
Natural gas stockpiles rose 70 billion cubic feet in the week ended June 26 to 2.721 trillion cubic feet signaling demand for the gas increased, the U.S. Energy Department reported. The figure was less than analysts expected.
Exelon Corp. raises offer to buy NRG
Exelon Corp., the largest nuclear power generator in the U.S. raised its offer to acquire NRG Energy Inc. by 12 percent to $7.45 billion, saying this is its best and final offer.
NACEL's fifth wind farm in Texas
NACEL Energy Corporation entered into a long term wind development rights agreement for its Leila Lakes power generation facility, the company's fifth wind power project in Texas. NACEL expects to generate 20 Megawatts of power from this project.