The decisions enable two mothballed power plants totaling over 300-MW of capacity to potentially return to service in PJM, addressing capacity needs.

The split decision seeks to strike a balance between incentivizing transmission development with consumer protection, setting a potential precedent for future projects.

The settlement calls for Talen’s generators to bid into PJM’s capacity market, with any revenues to offset customer costs.

BofA’s acquisition makes it a top GenOn owner, alongside distressed debt and private equity investor Strategic Value Partners and investment management firm MacKay Shields.

The acquisition would expand NextEra’s retail presence in half a dozen states spanning across the Eastern U.S. including New York, Ohio, and Florida.

Virginia’s data center boom is sparking a heated interstate dispute over how to assign costs for billions of dollars in grid upgrades.

PJM has designated the multi-state transmission project portfolio as essential to address reliability issues and growing data center loads by 2030.

The Japanese auto giant looks to completely divest its equity interest in the two facilities.