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Met-Ed wins $90 million rate hike, residential customers rates to increase more than 10 percent
2015-04-11 04:59:02| Energy - Topix.net
State regulators approved a settlement Thursday that lowers the rate increase sought by Metropolitan Edison Co. but still raises bills for residential customers by more than 10 percent.
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rate
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rates
KCS to invest $19 million on Beaumont Subdivision
2015-04-10 16:47:29| Railroads - Topix.net
Kansas City Southern Railway Co. , the U.S. subsidiary of Kansas City Southern, announced yesterday it will spend $19 million this year to improve infrastructure on its Beaumont Subdivision line between Texas and Louisiana to help grow capacity, as well as maintain and enhance safety on the Class I's cross-border network.
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beaumont
Santa Barbara to Get $12 Million in Grid Improvement Work
2015-04-10 16:17:00| Transmission & Distribution World
Spending twice the amount it did in the past two years, Southern California Edison (SCE) is making $12 million in grid improvements in downtown Santa Barbara and surrounding communities over the next two years as part of infrastructure-investment projects that began earlier this year. read more
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improvement
ABB Wins $900 Million Order to Connect Norwegian and German Power Grids
2015-04-10 15:58:00| Transmission & Distribution World
ABB has won orders worth around $900 million from a consortium comprising utilities Statnett and TenneT as well as promotional bank KfW read more
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power
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german
Retailer Majestic Wine is to buy online rival Naked Wines for up to 70 million.
2015-04-10 10:03:24| Beverages - Topix.net
Naked Wines, founded in 2008, runs a crowd funded business where around 300,000 subscribers help fund over 130 independent winemakers in 14 countries in exchange for access to exclusive wines at preferential prices. It generated sales of A 74 million last year, up 40% on a year ago, but made a loss of A 3.3 million.
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