Southern Co.’s Southern Power wholesale energy provider unit is selling the Nacogdoches Generating Facility to community utility Austin (Texas) Energy for $460 million, Kallanish Energy reports.
Luisa Palacios, Citgo Petroleum’s recently appointed chairwoman, reassured the energy industry this week the Houston-based refiner remains reliable, despite the political and economic crisis that’s crippled its parent, Venezuela’s national oil company, PDVSA.
