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LS Power Adding Gas-Fired Capacity as Part of PJM Initiative

March 17, 2025

LS Power, a development, investment, and operating company focused on the North American power and energy infrastructure sector, on March 14 announced it has applied to build about 700 MW of new generation supply as part of PJM’s Reliability Resource Initiative (RRI), which is designed to expedite connecting shovel-ready, high-reliability projects to the grid.

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Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment

January 1, 2025

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Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio […]

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GE Vernova Turbines Part of Upgrade at Japan Gas-Fired Power Plant

October 8, 2024

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The Nanko Power Plant in Osaka, Japan, will be upgraded with new gas turbines from GE Vernova. The 1,800-MW station, which was commissioned in late 1990, is replacing three boilers […]

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Humankind – this is earth – we have a problem Part 3

July 18, 2024

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Yes, I’m going to spend the entire week reviewing the results of the Resources for the Future Climate Insights 2024 Report and with good reason. Many might read the report and think “this is good” the vast majority of people are thinking “green.” However, that isn’t what I see at all. In fact, the more I dig into the results the worse I believe they are. ..
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If it’s Broke – Fix it: Part 2

January 5, 2024

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Mercifully, this is my final post on COP. Previous posts outlined the many flaws in the process. Yesterday’s post offered five recommendations to fix it. Today, we’ll list my final recommended fixes. For the masochists among you, who wish to read the entire series of COP posts, below is a link to yesterday’s post which includes links to all the “what’s wrong..
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AECOM Sells Power Business as Part of Restructuring

October 17, 2020

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The post AECOM Sells Power Business as Part of Restructuring appeared first on POWER Magazine.

AECOM has announced the closing of the sale of its Power construction business to affiliates of CriticalPoint Capital LLC. Terms of the deal were not disclosed.

The Los Angeles, California-based infrastructure consulting firm, which this month announced a restructuring plan, earlier this year closed on the $ 2.4 billion sale of its Maryland-based Management Services business—which provides consulting services to the government sector—to New York-based private equity firms American Securities and Lindsay Goldberg.

“The sale of the Power construction business marks another milestone in the successful execution of our transformation into a higher-margin, lower-risk Professional Services business,” said Troy Rudd, AECOM’s CEO, in an Oct. 16 news release. “We have built significant momentum in our business and continue to advance efforts to align our organization around a global structure that fosters a culture of collaboration, better connects our expertise and focuses on our best growth opportunities.…