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Private Equity Firms Make Bad TXU Investment, Get $528 Million Anyway [1]

The Texas-based energy company TXU was, under the Bush administration, supposed to be the cutting edge of a coal resurgence. The 2007 leveraged buyout of TXU is widely regarded to be one of the worst deals in private equity history. But the firms that led it -- KKR, TPG, and Goldman Sachs -- made money with big fees even as the company tumbled toward financial ruin.

Disasters [2]
Energy & Fuel [3]
Public [4]
National (U.S.) [5]
Source: New York [6], 10/23/2012
  • Read more about Private Equity Firms Make Bad TXU Investment, Get $528 Million Anyway [1]

"Frack Site Near Pennsylvania Nuclear Plant" [7]

"SHIPPINGPORT, Pa. -- Chesapeake Energy has a permit to frack just one mile from the Beaver Valley Nuclear Power Station in Shippingport. Whether that is cause for alarm, experts can’t say."

Disasters [2]
Energy & Fuel [3]
Nuclear Power & Radiation [8]
Public [4]
Mid-Atlantic (DC DE MD PA VA WV) [9]
Source: Shale Reporter [10], 10/22/2012
  • Read more about "Frack Site Near Pennsylvania Nuclear Plant" [7]

"Scientists Link Deep Wells To Deadly Spain Quake" [11]

"MADRID -- Farmers drilling ever deeper wells over decades to water their crops likely contributed to a deadly earthquake in southern Spain last year, a new study suggests. The findings may add to concerns about the effects of new energy extraction and waste disposal technologies."

Disasters [2]
Energy & Fuel [3]
Public [4]
Europe [12]
Source: AP [13], 10/22/2012
  • Read more about "Scientists Link Deep Wells To Deadly Spain Quake" [11]

Journalists Detained at Texas Protest of Keystone XL Pipeline [14]

The two New York Times journalists were working on private land with the permission of the landowner, near Winnsboro in northeast Texas, when they were detained, according to the online energy publication FuelFix. The 78-year-old owner of the land, who objects to the routing of the pipeline across it, was also arrested for trespassing on her own land.

SEJ Publication Types: 
WatchDog TipSheet [15]
Topics on the Beat: 
Journalism & Media [16]
Energy & Fuel [3]
Activism [17]
Region: 
Southwest (AZ NM OK TX) [18]
Visibility: 
Public [4]
  • Read more about Journalists Detained at Texas Protest of Keystone XL Pipeline [14]

Mich. Pipeline Fight: Frustration Builds Over Elected Leaders' Silence [19]

"Amid puzzling indifference shown by elected officials over Enbridge's pipeline plans, townships are stepping up, opponents say—and giving them some hope."

David Hasemyer reports for InsideClimate News October 17, 2012. [20]

SEE ALSO:

10/19/2012
Energy & Fuel [3]
Environmental Politics [21]
Public [4]
Great Lakes (IL IN MI MN OH WI) [22]
Source: ,
  • Read more about Mich. Pipeline Fight: Frustration Builds Over Elected Leaders' Silence [19]

"Alberta's New Pollutant-Monitoring Agency To Look Beyond Oil Sands" [23]

"CALGARY -- The ugly scars left on the northern Alberta landscape by the oil sands have prompted calls from around the world for an independent body to gather data on the ecological damage wrought by the energy industry."

Energy & Fuel [3]
Environmental Health [24]
Environmental Politics [21]
Pollution [25]
Public [4]
Canada [26]
Source: Toronto Globe & Mail [27], 10/19/2012
  • Read more about "Alberta's New Pollutant-Monitoring Agency To Look Beyond Oil Sands" [23]

Keystone Pipe Shut Down Temporarily Due To 'Possible Safety Issues' [28]

"KANSAS CITY, Mo. -- A federal agency says TransCanada Corp. has temporarily shut down its existing Keystone pipeline after tests showed 'possible safety issues.'"

Energy & Fuel [3]
Public [4]
National (U.S.) [5]
Source: Huffington Post [29], 10/19/2012
  • Read more about Keystone Pipe Shut Down Temporarily Due To 'Possible Safety Issues' [28]

"Can Big Wind Wake From Its Recurring Nightmare?" [30]

"As the wind industry clamors to renew a key tax credit (again), industry leaders explore how to break free from the boom-bust cycle the subsidy has them trapped in."

Economy & Business [31]
Energy & Fuel [3]
Public [4]
National (U.S.) [5]
Source: Grist [32], 10/18/2012
  • Read more about "Can Big Wind Wake From Its Recurring Nightmare?" [30]

"Green Crude: The Quest to Unlock Algae’s Energy Potential" [33]

"A host of startup companies are pursuing new technologies that they claim will soon lead to large-scale commercialization of biofuels made from algae. But questions remain about the viability and environmental benefits of what its developers are calling 'green crude.'"

Energy & Fuel [3]
Public [4]
National (U.S.) [5]
Source: YaleE360 [34], 10/17/2012
  • Read more about "Green Crude: The Quest to Unlock Algae’s Energy Potential" [33]

"LG&E To Replace Cane Run Plant Eight Months Early" [35]

"Running out of room to dump coal waste and facing thousands of dollars in fines over blowing ash, Louisville Gas and Electric Co. on Monday said it plans to shut down its Cane Run power plant in May 2015, eight months earlier than expected, to replace it with a natural-gas fired plant."

Energy & Fuel [3]
Economy & Business [31]
Public [4]
SE (AL AR FL GA KY LA MS NC PR SC TN) [36]
Source: Louisville Courier-Journal [37], 10/17/2012
  • Read more about "LG&E To Replace Cane Run Plant Eight Months Early" [35]

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Source URL:https://www.sej.org/category/topics-beat/energy?page=999

Links
[1] https://www.sej.org/headlines/private-equity-firms-make-bad-txu-investment-get-528-million-anyway [2] https://www.sej.org/category/topics-beat/disaster [3] https://www.sej.org/category/topics-beat/energy [4] https://www.sej.org/taxonomy/term/81 [5] https://www.sej.org/category/region/national [6] http://nymag.com/daily/intel/2012/10/pe-firms-make-bad-investment-earn-528-million.html [7] https://www.sej.org/headlines/frack-site-near-pennsylvania-nuclear-plant [8] https://www.sej.org/category/topics-beat/nuclear-power/radiation [9] https://www.sej.org/category/region/national/mid-atlantic [10] http://www.shalereporter.com/industry/article_fcd5b9cc-1a35-11e2-9cdc-0019bb30f31a.html [11] https://www.sej.org/headlines/scientists-link-deep-wells-deadly-spain-quake [12] https://www.sej.org/category/region/international/europe [13] http://www.contracostatimes.com/environment/ci_21823132/scientists-link-deep-wells-deadly-spain-quake [14] https://www.sej.org/publications/watchdog-tipsheet/journalists-detained-texas-protest-keystone-xl-pipeline [15] https://www.sej.org/category/sej-publication/watchdog-tipsheet [16] https://www.sej.org/category/topics-beat/journalism/media [17] https://www.sej.org/category/topics-beat/activism [18] https://www.sej.org/category/region/national/southwest [19] https://www.sej.org/headlines/mich-pipeline-fight-frustration-builds-over-elected-leaders-silence [20] http://insideclimatenews.org/news/20121017/mich-pipeline-fight-frustration-builds-over-elected-leaders-silence [21] https://www.sej.org/category/topics-beat/environmental-politics [22] https://www.sej.org/category/region/national/great-lakes [23] https://www.sej.org/headlines/albertas-new-pollutant-monitoring-agency-look-beyond-oil-sands [24] https://www.sej.org/category/topics-beat/environmental-health [25] https://www.sej.org/category/topics-beat/pollution [26] https://www.sej.org/category/region/international/canada [27] http://www.theglobeandmail.com/news/politics/albertas-new-pollutant-monitoring-agency-to-look-beyond-oil-sands/article4619887/ [28] https://www.sej.org/headlines/keystone-pipe-shut-down-temporarily-due-possible-safety-issues [29] http://www.huffingtonpost.com/2012/10/18/transcanada-keystone-pipeline-shut-down_n_1982478.html?utm_hp_ref=green [30] https://www.sej.org/headlines/can-big-wind-wake-its-recurring-nightmare [31] https://www.sej.org/category/topics-beat/business [32] http://grist.org/business-technology/can-big-wind-wake-from-its-recurring-nightmare/ [33] https://www.sej.org/headlines/green-crude-quest-unlock-algae%E2%80%99s-energy-potential [34] http://e360.yale.edu/feature/green_crude_the_quest_to__unlock_algaes_energy_potential/2582/ [35] https://www.sej.org/headlines/lge-replace-cane-run-plant-eight-months-early [36] https://www.sej.org/category/region/national/southeast [37] http://www.courier-journal.com/article/20121015/NEWS01/310150057/LG-E-to-replace-Cane-Run-plant-eight-months-early?odyssey=tab%7Cmostpopular%7Ctext%7CFRONTPAGE [38] https://www.sej.org/category/topics-beat/energy?page=998 [39] https://www.sej.org/category/topics-beat/energy?page=995 [40] https://www.sej.org/category/topics-beat/energy?page=996 [41] https://www.sej.org/category/topics-beat/energy?page=997 [42] https://www.sej.org/category/topics-beat/energy?page=1000 [43] https://www.sej.org/category/topics-beat/energy?page=1001 [44] https://www.sej.org/category/topics-beat/energy?page=1002 [45] https://www.sej.org/category/topics-beat/energy?page=1003 [46] https://www.sej.org/category/topics-beat/energy?page=1148