Expenditures for Growth: Infrastructure, Partnerships & New Funding - Research Report on Dominion, FirstEnergy, OGE Energy, Entergy, and Cemig

News provided by

Mar 19, 2013, 08:00 ET

NEW YORK, March 19, 2013 /PRNewswire/ --

Today, Wall Street Source announced new research reports highlighting Dominion Resources, Inc. (NYSE: D), FirstEnergy Corp. (NYSE: FE), OGE Energy Corp. (NYSE: OGE), Entergy Corporation (NYSE: ETR), and Companhia Energetica de Minas Gerais Cemig (NYSE: CIG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dominion Resources, Inc. Research Report

Energy producer and transporter Dominion announced on March 11 that it has signed a purchase and sale agreement for three merchant generation power stations with a subsidiary of funds controlled by Energy Capital Partners. Proceeds of the sale of the power stations are to be invested in regulated business and reduce debt needs. Upon approval of the Federal Energy Regulatory Commission and Hart-Scott-Rodino antitrust clearance, the sale is expected to close in the second quarter of 2013. The Full Research Report on Dominion Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/a536_D]

FirstEnergy Corp. Research Report

Toledo Edison, a subsidiary of FirstEnergy, intends to spend around $11 million in 2013 for further enhancement of the electrical system and reliability in northwest Ohio. Major projects lined up for the company this year include upgrading distribution circuits, replacing underground cables, inspecting and replacing poles, and ongoing vegetation management. The planned infrastructure projects are designed to help maintain the system to benefit the company's customers while helping prepare its system for future load growth. Toledo Edison also expects its solid record of keeping the power flowing to continue. 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.wallstsource.com/r/full_research_report/0655_FE]

OGE Energy Corp. Research Report

With combined assets of $11 billion, OGE Energy, CenterPoint Energy, and ArcLight have entered into an agreement to form a master limited partnership to form a substantial, growth-oriented midstream company. The partnership, to be managed by a general partner whose governance will be shared by CenterPoint Energy and OGE Energy on a 50/50 basis, will benefit from exposure to gathering and processing activities in high-growth basins and stability of substantial interstate pipeline business. Completion of the partnership is expected to close in the second or third quarter of 2013, subject to customary regulatory approvals and certain third-party consents. The Full Research Report on OGE Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/2073_OGE]

Entergy Corporation Research Report

As part of Entergy's 100^th anniversary, the company is looking to identify environmental improvement projects to support through its shareholder-funded Environmental Initiatives Fund. The projects that Entergy is looking to support include the ones that provide registered greenhouse offsets, offer the development of innovative solutions to climate change impacts, or target coastal and wetlands restoration. The company is working with American Carbon Registry and America's Wetland Foundation to disseminate the news to a wide range of potential partners. The Full Research Report on Entergy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/9574_ETR]

Companhia Energetica de Minas Gerais Cemig Research Report

Brazil-based Cemig has recently signed the final contract with Suzano for the sale of the latter's 17.89 percent interest in the Capim Branco Energia Consortium, for an agreed price of R$320 million. Of this total, the percentage relating to Cemig, of 30.30 percent, is around R$97 million. The transaction was announced on December 28, 2012 and completion is subject to the approval of the Brazilian electricity regulator Aneel and the Brazilian monopolies authority Cade. The Full Research Report on Companhia Energetica de Minas Gerais Cemig - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/2a94_CIG]

Consider Wall Street Source

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Joe Thomas
Email: [email protected]
Main: +1-310-496-8071 (North America)

SOURCE Wall Street Source