TransCanada Trying to Flip Power Plant
Six weeks ago, TransCanada Corp. closed a deal to buy a power plant in Pennsylvania. On Thursday, the company put it back up for sale. The 704-megawatt Ironwood natural gas-fired power complex that TransCanada bought for $657 million from Talen Energy Corp. is back on the block as the company looks for ways to finance another acquisition worth 15 times more, the company said Thursday. In fact, the company’s putting a whole set of U.S....
A Smarter, Sleeker Hybrid From Toyota
Back in the dark days of automotive history, fuel was cheap and plentiful and Detroit dinosaurs ruled the Earth. Then the Prius came along, offering the first practical hybrid solution, and became the bestselling car in California. Almost a decade later, fuel is cheap and plentiful again, and a changed world awaits the latest iteration of the world’s most successful hybrid. Since the debut of the original, the road has become busy...
A Great Hybrid Gets Even Better
Toyota Prius is easy to mock. It’s shaped like a clog, has an eye-crossing split window hatch, is as fun to drive as a hot dog cart and it is the vehicle of choice for many cabbies, who are unequivocally the worst drivers on the road. The main reason the Prius gets mocked, however, is because it is the very best at what it was made to do: get people to their destination using the least amount of gas possible. The fourth-generation...
Study: Region Doesn’t Need More Natural Gas
Boston — The New England region does not need additional natural gas pipelines to maintain a reliable flow of energy for the next 15 years, according to a study commissioned by Massachusetts Attorney General Maura Healey and released Wednesday. The report concludes that the region will be able to meet electricity needs through 2030, even on the coldest of winter days, “with or without electric ratepayer investment in new natural gas...
Mass. Company Buys Patten’s Gas
North Haverhill, N.H. — Massachusetts-based Osterman Propane is continuing its push into the Upper Valley with the purchase of Patten’s Gas, the propane supplier and appliance store on Brushwood Road. The acquisition follows by a month Osterman’s purchase of Perry’s Oil Service in Bradford, Vt. Terms for both deals were not disclosed. “Basically an opportunity arose with Osterman buying Perry’s,” said Alvin Fadden, the former...
