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PG&E Corp., parent company of Pacific Gas & Electric Co., saw its net income more than triple in its third quarter, compared with the same period in 2000. Meanwhile, PG&E [...]

Citing mounting losses, Exelon Corp. has in the past year laid off 1,500 employees of a subsidiary that once held promise of delivering big returns in the unregulated telecommunications and [...]

Oct. 29 * Enron Corp.'s shares fell to a seven-year low, and company officials say they are seeking a new line of credit because of Enron's plunging credit rating. The [...]

Denver-based Kestrel Energy reported that its total revenues plunged 22 percent in fiscal year 2001, which ended in June. Total revenues were $2.3 million this year, compared with $2.9 million [...]

PG&E Corp. and its wholly-owned utility, Pacific Gas and Electric Co., asked the U.S. Bankruptcy Court in San Francisco to allow it to split into separate corporate entities, as part [...]

* The state of California claims Pacific Gas & Electric owes it $180 million in underpayments that began when the state started buying power for the utility in April and [...]

Proposed alliance seen as catalyst for transmission infrastructure investments WESTBOROUGH--National Grid USA wants to import its parent company's money-making brand of electric-transmission grid management from the United Kingdom to the [...]

Mechanical Technology Inc. (Nasdaq: MKTY) reported net income of $10.08 million, or 27 cents a diluted share, on revenue of $2.26 million, for the third fiscal quarter ended June 30. [...]

Congratulations to Verizon Communications in Albany; Advanced Energy Conversions in Ballston Spa; Mechanical Technology Inc. in Albany; EPRI PEAC Corp. of Schenectady and Turbine Coatings Inc. in Schenectady. Those five [...]

An Albany-based energy technology research company is getting a $4.6 million boost from the federal government to help carry out a fuel-cell research project. Mechanical Technology Inc. (Nasdaq:MKTY) estimated the [...]

An average of four new business plans land on Robert A. Shinn's desk each week, and with $300 million to spend over the next five years, he's likely to see [...]

* Arizona Public Service Co., a subsidiary of Phoenix-based Pinnacle West Capital Corp., filed a shelf registration with U.S. regulators to periodically sell up to $500 million in mortgage bonds [...]

Fitch, the New York credit ratings service, has issued a strong evaluation of an upcoming OUC bond issue. Orlando Utilities Commission's pending $40 million bonds, series 2001A, are rated 'AA.' [...]

Talk to analysts today and you'll hear a similar theme: The market should be making a turn back upward within a few months. Michael L. Ingraham, research director with U.S. [...]

Charlotte-based Cogentrix Energy Inc. has completed financing for its $490 million Southaven Power project in Southaven, Miss., and is ready to start construction. The natural gas-fired electric generation plant is [...]

Pinnacle West Capital Corp. reported record earnings of $302.3 million in 2000, marking a 12 percent increase over the prior year. For the seventh consecutive year, Pinnacle West increased its [...]

When business historians train their eyes on Y2K, it shouldn't take them long to realize 2000 won't be fondly remembered. Many of the region's largest 150 publicly traded corporations on [...]

Mechanical Technology Inc. (Nasdaq: MKTY) reported a net loss of $2.8 million, or 8 cents a share, on revenue of $1.73 million for the second fiscal quarter ended March 31. [...]

After beating analysts' projections for the first quarter, global utility company TXU declared a regular dividend of 60 cents per share on its common stock. At the company's annual meeting [...]

Pacific Gas & Electric Co. revealed in a 10-Q filing this week that credit banks have called in $454 million worth of loans associated with several pollution control bonds, as [...]

Two power sellers have filed for bankruptcy California power sellers now owe nearly $350 million in unpaid electric bills to NRG Energy Inc. in connection with the power crisis in [...]

Fitch assigned an A- rating to SCANA Corp.'s new $300 million, 10-year medium-term note issuance yielding 6.88 percent The new offering is a takedown from an existing $1 billion shelf [...]

Niagara Mohawk Power Corp., a subsidiary of Niagara Mohawk Holdings Inc., (NYSE: NMK) declared dividends at prescribed rates for all series of its preferred stock. The Syracuse-based utility, which has [...]

CH Energy Group Inc. (NYSE: CHG) , the Poughkeepsie-based parent of Central Hudson Gas & Electric Corp., reported first-quarter net income of $18.3 million, or $1.12 a share. This compares [...]

San Francisco-based PG&E Corp., the beleaguered utility giant that filed for bankruptcy protection early last month, this week took a $1.1 billion charge against first-quarter results for unreimbursed wholesale-power costs [...]

Hewlett-Packard has customarily dominated the Largest Public Companies List in recent years, but this time around they'll have to settle for second place. Chevron defeated the computer hardware manufacturer for [...]

Earnings show significant improvement to Colorado's once-moribund industry Despite rising prices, Colorado's oil and gas industry remains a shadow of its 1980s self but quarterly reports from local energy companies [...]

Baltimore-based Constellation Energy Group Inc. reported that its earnings for the quarter ended March 31 were $111.8 million, or 74 cents per share, compared with $72.1 million, or 48 cents [...]

SLIPPERY ROCK -- Slippery Rock University is beginning construction of its new $1 million baseball complex. The park will seat between 1,200 and 1,500 and is expected to be ready [...]

Online wholesale energy trading reached $400 billion in 2000 and is likely-to hit $3.6 trillion in 2005, according to a recent study by Forrester Research, an independent firm based in [...]

Arizona's governor remiss in funding tech industry Dear Editor: The governor has a way of making her mistakes look like a flagging Arizona economy. But in reality it is her [...]

No one would pay more for one slice than for a whole pie. But that's how dozens of major companies and their subsidiaries are now being priced on Wall Street. [...]

Tuesday: PG&E Corp., the holding company controlling bankrupt utility Pacific Gas and Electric Co., lost $3.36 billion last year, dragged down by a $4.1 billion loss in 2000's final three [...]

Higher energy bills don't seem to have ignited a broad round of price increases at local businesses. But the pressure is on, everywhere from nursing homes and hotels to landlords, [...]

Unless mild weather makes us lucky, Greater Sacramento faces a hot, expensive summer peppered with rolling blackouts. It's not bad news for everyone, though. The major power generators are booming, [...]

San Francisco-based PG&E Corp., the parent company of bankrupt Pacific Gas & Electric Co., reported a net loss for 2000 of $3.4 billion. The loss stems from a $4.1 billion, [...]

It's time to put Philadelphia's most notorious utility out its misery -- and, in the process, perhaps help ease the pain for customers subjected to skyrocketing rates at the city-owned [...]

IBM is still Big Blue, but its size pales beside Enron Corp. On the just-released list of Fortune 500 companies, Houston-based Enron has displaced IBM among the seven largest U.S. [...]

Cash-strapped small energy generators may not be able to produce electricity during the critical summer months because Pacific Gas & Electric Co. and other utilities say they cannot afford to [...]

Charles Mueller Chairman, president and chief executive Ameren Corp. provides energy services to customers in Missouri and Illinois. The company had a profit of $457 million, or $3.33 per share, [...]

Florida Public Utilities Co., a distributor of natural and propane gas, received assistance from the Volusia County Economic Opportunity Fund for the consolidation of its Sanford and DeLand offices into [...]

A weekly report compiled from the proxy statement and annual report of a publicly held company based in the Capital Region or of major interest to Capital Region investors. CH [...]

The California Public. Utilities Commission cleared the way for possible increases in electric rates. The 4-1 PUC vote allows higher rates to pay back more than $3 billion the state [...]

Gov. Gray Davis unveiled a rebate plan for energy users who cut their consumption 20 percent during the summer months. Under the plan, customers would receive a 20 percent rebate [...]

PG&E Corp. announced it had borrowed $1 billion to pay for costs including a $116 million stockholder dividend, but said that none of the money would go to covering bills [...]

A barometer of the region's movers, shakers and fakers Charles Schwab [up] It's good to be kings. Co-CEOs Schwab and David Pottruck took a temporary pay cut earlier this year [...]

California's energy crisis is hitting home. PG&E NATIONAL ENERGY GROUP's plans to move 650 jobs and its headquarters from Bethesda to the TOWER COS.' new development in Rockville have hit [...]

Showalter The Showalter Group from Columbus, Ohio, has not been hired by Wisconsin Energy Corp. to help the Milwaukee-based company set up grass-roots lobbying groups, as reported in the Feb. [...]

Honolulu company Barnwell Industries reports quarterly net earnings of $1.52 million, up nearby $1 million from the previous year. Revenues increased to $7 million from $4.3 million. The spike in [...]