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Situated at Isla Grande, the Pagbilao Power Station began operations in 1993. [1] The power station was originally developed by Consolidated Electric Power Asia Ltd (CEPA), a subsidiary of Hopewell Holdings, CEPA was acquired by Mirant Philippines and was acquired by TeaM Energy, a joint venture of Japanese firms TEPCO and Marubeni, in 2007. [2]
GenOn Energy Holdings, [1] formerly Mirant Corporation, was a subsidiary of GenOn Energy, and is now a part of NRG Energy. The company was spun off from its former parent, Southern Company, on April 2, 2001. [2] The company was merged into GenOn Energy on 3 December 2010. [3] The company then became part of NRG Energy in December 2012. [4]
In 2006, the United States-based Mirant Corporation, facing a severe financial situation, announced that part of Mirant's restructuring efforts includes the intent to sell off their part ownership of PowerGen. Following that announcement, the government of Trinidad and Tobago placed the overall structure of T&TEC and PowerGen under review for ...
On April 11, 2010, RRI Energy and Atlanta-based Mirant Corp. announced an agreement to merge in a $1.6 billion all-stock deal, which created one of the largest independent power plant operators in the country. The new company, named GenOn Energy, would be based in Houston but led by Mirant's Chairman and CEO Edward Muller until 2013. At that ...
Mirant was merged into GenOn Energy in 2010, [4] and GenOn merged into NRG in 2012. [ 5 ] In 1991, the 900-foot (270 m)-long cooling water discharge channel from the power plant, which empties into the Potomac River, became the Dickerson Whitewater Course , a canoe and kayak training facility for the 1992 Olympic Games .
The global institution’s two main lenders — the World Bank, which lends to governments, and the International Finance Corporation, which lends to corporations such as Tata — have repeatedly failed to make sure people harmed by big projects get counted, an investigation by the International Consortium of Investigative Journalists has found.
The station was included in the Mirant spin-off from the Southern Company in April 2001. Mirant was merged into GenOn Energy in 2010, [7] and GenOn merged into NRG in 2012. [8] In 2013 NRG signaled that it planned to retire the Chalk Point Generating Station and Dickerson Generating Station in May 2017 but the plant held on for at least another ...
In Honduras, the business-lending arm of the World Bank aligned itself with a key player in a land dispute that has left more than 130 people dead, including Gregorio Chávez, a preacher who went out to tend his garden one day and didn’t come back. In the last decade, the International Finance Corp.’s lending and influence has soared, even as it has embraced financing methods that shield ...