Latest Iowa Stored Energy Park Stories

2011-04-18 11:39:00

HOUSTON, April 18, 2011 /PRNewswire/ -- Haddington Ventures, L.L.C. and Eureka Resources, LLC, announced today that Haddington has made a strategic investment in Eureka, a wastewater treatment company based in Williamsport, Pennsylvania. The investment was made through Haddington Energy Partners IV LP, a private equity fund managed by Haddington. Eureka Resources provides cost-effective wastewater treatment and disposal solutions that reduce the environmental impact of natural gas drilling...

2011-02-09 14:51:00

HOUSTON, Feb. 9, 2011 /PRNewswire/ -- Haddington Ventures, L.L.C. announced today that it has entered into an exclusive agreement with Continental Gas Storage BV (CGS) to purchase that Company's wholly-owned subsidiary, Continental Gas Storage Deutschland GmbH (CGSD), through Haddington Energy Partners IV LP, a private equity fund managed by Haddington. The proposed transaction is subject to further due diligence by Haddington and is expected to close by mid-year 2011. Once closed, the...

2010-11-11 10:08:00

SALT LAKE CITY, Nov. 11, 2010 /PRNewswire/ -- Magnum Gas Storage, LLC, announced today that Michael McGarvey has joined the Company's management team as Vice President of Gas Storage Sales. In his new position, Mr. McGarvey will be responsible for the overall coordination, functional management and leadership of Magnum's gas storage marketing and sales activities and will lead development and execution of its marketing plan and sales strategy. Prior to joining Magnum, Mr. McGarvey...

2010-07-15 19:01:00

HOUSTON, July 15 /PRNewswire/ -- Haddington Ventures, L.L.C., announced today that it has entered into a definitive agreement to sell the Bobcat Gas Storage assets and development project to Spectra Energy Corp. (NYSE: SE) for $540 million. The Bobcat Gas Storage Project was developed by Port Barre Investments, LLC, which is owned by members of management, Haddington Energy Partners III LP, a private equity fund managed by Haddington Ventures, L.L.C., and GE Energy Financial Services, the...

2009-11-23 09:00:00

HOUSTON, Nov. 23 /PRNewswire/ -- Haddington Ventures, L.L.C., announced today that CAES Development Company, LLC, a portfolio company of Haddington's managed funds, has sold to FirstEnergy Generation Corp., a subsidiary of Akron, Ohio-based FirstEnergy Corp. (NYSE: FE), the rights to the Norton Energy Storage Project, a compressed air energy storage (CAES) facility under development in Norton, Ohio. "We are very pleased to have reached an agreement with FirstEnergy for their acquisition...

2008-08-27 03:00:45

PSEG Global and energy storage innovator Michael Nakhamkin have formed Energy Storage and Power, a joint venture to exclusively market, license and support the development and supervise project execution of the second generation compressed air energy storage technology. The compressed air energy storage (CAES) technology stores off-peak energy, in the form of compressed air in an underground reservoir, and releases this energy during peak hours. The CAES technology can reportedly be used...

2008-07-15 03:00:34

By Blankinship, Steve Alabama's Mclntosh Unit 1 was an early CAES adopter. It was almost inevitable that Texas would see one of the first big grid glitches induced by a growing reliance on wind capacity. Late during the afternoon of Tuesday, February 26, the Electric Reliability Council of TexasERCOT-cut service to a handful of large customers in the Houston area after losing 1,400 MW of wind power over the previous three hours. During those hours wind production fell from more than 1,700...

Word of the Day
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'