Generation
CIM Group, a real estate and infrastructure owner, operator, lender and developer, and Novva Data Centers, a data center company, announced on March 5 that they recently closed a new commitment of $2 billion in financing from J.P. Morgan and Starwood Property Trust to complete the build-out of Novva’s 175-MW Salt Lake City data center.
Electricity Markets
The Bonneville Power Administration has issued its day-ahead market draft policy direction that concludes BPA should participate in a day-ahead market and pursue participation in Southwest Power Pool’s Markets+, BPA said on March 5.
An overview of the steps to take and resources available to educate and inform your strategic decision making as you prepare your utility for the future.
Community Engagement
Customer trust in the community-owned Eugene Water & Electric Board is on the rise, according to results from EWEB’s 2024 customer survey.
Workforce
Salt River Project’s state-of-the-art Technology Innovation Lab in Arizona offers the public power utility’s employees a wide variety of hands on training opportunities.
Generation
New Fortress Energy Inc. in March announced a one-year extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority.