New Projects, Proposed Mergers, and Expanded Offerings - Research Report on Duke Energy, PNG, DTE Energy, FirstEnergy, and Calpine PR Newswire NEW YORK, September 2, 2013 NEW YORK, September 2, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting Duke Energy Corp. (NYSE: DUK), PAA Natural Gas Storage, L.P. (NYSE: PNG), DTE Energy Co. (NYSE: DTE), FirstEnergy Corp. (NYSE: FE), and Calpine Corporation (NYSE: CPN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Duke Energy Corp. Research Report On August 26, 2013, Duke Energy Corp. (Duke Energy) announced that the Company is funding $312,000 in Ivy Tech Corporate College scholarships to start five regional training programs to train workers for the skills which the manufacturers describe as critical for their workforce. Duke Energy informed that it will collaborate with Ivy Tech and local government from Bloomington/Bedford, Connersville/Richmond, Kokomo, and Shelbyville, to develop eight-week advanced manufacturing programs designed after an Ivy Tech initiative in La Fayette. According to the Company, its grant will fund 120 scholarships of $2,600 each and recipients must at least be 18 years old and residents of Duke Energy-served Indiana countries. Duke Energy added that the Lafayette program will receive a share of the Duke Energy Workforce Development scholarships. The Full Research Report on Duke Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d2b2_DUK] -- PAA Natural Gas Storage, L.P. Research Report On August 27, 2013, PAA Natural Gas Storage, L.P. (PNG) announced that the independent directors of the Board of Directors of PNG's general partner has received a proposal from Plains All American Pipeline L.P. in (PAA), to acquire all of PNG's outstanding publicly held common units through a unit-for-unit exchange. According to PNG, PAA' proposal carries a consideration of 0.435 common units of PAA for each issued and outstanding publicly held PNG common unit in a transaction that will be structured as a merger of PNG with a wholly owned subsidiary of PAA, which represents a value per PNG common unit of $22.74 based on the trailing 10-day average closing price of PAA's common units through August 26, 2013. The Company stated that PAA currently owns c. 28.2 million common units of PNG, which represents c.46% of PNG's issued and outstanding common units. The Full Research Report on PAA Natural Gas Storage, L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2508_PNG] -- DTE Energy Co. Research Report On August 20, 2013, DTE Energy Co (DTE Energy) announced that its subsidiary, DTE Gas is providing pipeline-quality natural gas to its residential customers as part of its commitment to renewable energy. DTE Energy stated that this initiative is part of the BioGreenGas program of DTE Gas, contributed to the development of pipeline quality natural gas at the Sauk Trail Hills landfill in Canton, Michigan. Mark Stiers, DTE Gas' Vice President of Gas Sales and Supply, stated, "Our customers are as concerned about the environment as we are. They have asked us for a renewable energy option on the gas side of the business." DTE Energy informed that Residential natural gas customers can subscribe to the program for $2.50/month and DTE Gas is the first utility in Michigan as well as one of the first in the country to develop such program for residential customers. The Full Research Report on DTE Energy Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/24df_DTE] -- FirstEnergy Corp. Research Report On August 28, 2013, FirstEnergy Corp.'s (FirstEnergy) subsidiary, West Penn Power announced that it has placed a new 138-kilovolt (kV) transmission line in service which was designed to strengthen its regional transmission network, accommodate future load growth, and maintain reliable electric service for customers in Greene County, Pennsylvania. According to FirstEnergy, the 14-mile transmission line connects Kirby, Pennsylvania with a substation in Monongalia County, West Virginia. The Company stated that though a majority of the line is located in the West Penn Power service area, it expects the West Virginia portion of the line to benefit customers of Mon Power, another subsidiary of First Energy. According to the Company, the project is worth $20 million and began in spring of 2012. FirstEnergy further stated that the line is also connected with a large 500kV substation near Mt. Morris in Greene County through a new transformer that was installed separately for $8.5 million. The Full Research Report on FirstEnergy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0655_FE] -- Calpine Corporation Research Report On August 13, 2013, Calpine Corporation (Calpine) announced that it has successfully started commercial operations at its Russell City Energy Center and Los Esteros Critical Energy Facility, located in the San Francisco Bay area. Calpine informed that when combined, the plants bring online more than 900 megawatts of natural gas-fired power generation capacity, and the full power output of both plants will be delivered to Calpine's customer - Pacific Gas and Electric Company (PG&E), which will also supply the natural gas fuel under 10-year power purchase agreements. The Company stated that it owns 75% of the project (464 mw of dispatchable capacity) while GE Energy Financial Services, a unit of General Electric (GE) owns the remaining share. The Full Research Report on Calpine Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7eb1_CPN] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. http://www.analystscorner.com SOURCE Analysts' Corner Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
New Projects, Proposed Mergers, and Expanded Offerings - Research Report on Duke Energy, PNG, DTE Energy, FirstEnergy, and
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