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Press Release - Date: March 20, 2019
NISC Acquires Electrical Distribution Design, Inc.
Acquisition boosts NISC’s Engineering & Operations offerings

Lake Saint Louis, Mo., March 1, 2019 – To better serve its Members, National Information Solutions Cooperative (NISC), a leading provider of software solutions to utility and telecommunication companies, has acquired Electrical Distribution Design, Inc. (EDD).

EDD is a private corporation headquartered in Blacksburg, Va., that provides advanced engineering modeling somore
NOVEC and D. E. Shaw Renewable Investments (DESRI) Partner on 300-MW of Solar Facilities in PJM
Press Release - Date: February 21, 2019
NOVEC to Purchase Renewable Energy from 300-MW of Solar Facilities within the PJM Territory through an Agreement with D. E. Shaw Renewable Investments (DESRI)

The D. E. Shaw Group:
DESRI commercial inquiries — Hy Martin, hy.martin@deshaw.com
Press inquiries — Amanda Ely, amanda.ely@deshaw.com

Contact: NOVEC Public Relations, 1-888-335-0500, communica

MANASSAS, VA. — Northern Virginia Electric Cooperative (NOVEC) and D. E. Shaw Renewable Investments (DESRI) recently reached an agreement for NOVEC to purchase approximately 300 megawatts (MW) of electrical energy output from solar facilities owned by DESRI. NOVEC selected DESRI from among multiple bidders to provide the cooperative with additional renewable resources.

“This agreement with DESRI is another step toward meeting our customers’ expectations for more renewable energy in NOVEC’s resource mix. Purchasing the output from these new solar facilities will be a valuable addition to our energy supply,” says NOVEC President and CEO Stan Feuerberg.

The agreement between NOVEC and DESRI formalizes the partnership to develop and construct solar-electric generation facilities within the Dominion/PJM footprint. PJM is a regional transmission organization that serves 13 states, including Virginia, and the District of Columbia.

“This addition of solar generated electricity will become NOVEC’s largest source of renewable energy. Additionally, its projected cost is competitive with the marketplace for comparable on-peak energy,” says Gil Jaramillo, Manager, portfolio optimization and business development.

DESRI owns and operates solar facilities across the United States and has additional facilities in development and under consideration. The planned facilities that would sell energy to NOVEC are expected to consist of ground-mounted solar panels that track the sun’s movement throughout the daylight hours to produce an estimated 300 peak MW of electricity. These in-development solar facilities are expected to achieve commercial operation by 2023.

“The solar plants are a welcome addition to NOVEC’s current 60 MW of renewable resources that include hydroelectric, woody biomass, solar, and landfill methane gas recovery,” says John Rainey, Director, origination and plant operations.
“The DESRI team is thrilled to partner with NOVEC to bring low-cost solar power to Virginia residents,” says David Zwillinger, DESRI President. “We are committed to growing the renewable energy economy in the region.”

The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. They are also expected to create 250 jobs during construction with an emphasis on hiring from local communities.

“NOVEC’s strategy is to continue improving our environmental footprint through the addition of new renewable energy sources that are not only clean, but also affordable. The partnership with DESRI does just that,” says Feuerberg.

Press release -- https://www.novec.com/About_NOVEC/News_Release/nr021919.cfm

NOVEC, headquartered in Manassas, Virginia, is a not-for-profit corporation that provides electricity to more than 170,000 metered customers in Fairfax, Fauquier, Loudoun, Prince William, Stafford, and Clarke counties, the City of Manassas Park, and the Town of Clifton. It also supplies natural gas and energy products and services to consumers in the Washington, D.C., region. The utility serves more customers than any other Virginia electric co-op and is the 11th largest electric cooperative in the U.S. as measured by retail customers. For more information, visit www.novec.com.

About D. E. Shaw Renewable Investments:
D. E. Shaw Renewable Investments, L.L.C. (DESRI) and its affiliates acquire, own, and manage long-term contracted renewable energy assets in North America. DESRI's portfolio of renewable energy projects currently includes 31 wind and solar projects that represent more than 1,600 MW of aggregate capacity. DESRI is a member of the D. E. Shaw group, a global investment and technology development firm with more than $50 billion in investment and committed capital as of December 1, 2018, and offices in North America, Europe, and Asia. Please visit www.deshaw.com for more information about the D. E. Shaw group.more
Press Release - Date: December 17, 2018
Bellwether Management Solutions has been selected by Weakley County Municipal System, in Martin, TN, to provide AMI Meter Installation and Project Management services as part of Weakley County's Smart Grid Project. The deployment of 21,000 meters will begin in December of 2018 and is anticipated to be complete in December of 2019.
Press Release - Date: November 28, 2018
Central Service Association and Professional Computer Systems Announce Collaboration

TUPELO, MS and DENISON, IA – November 30, 2018 – Central Service Association (CSA), a member-owned technology cooperative based in Tupelo, Miss., has reached an agreement to purchase the assets of Professional Computer Systems, Co. (PCS), based in Denison, Iowa. This agreement will expand both the product offerings and service area for each company.

The two companies serve a combined 160+ utilitiesmore
The Arbor Day Foundation’s Energy-Saving Trees and Community Canopy Programs Launches Fall Planting Season
Press Release - Date: October 18, 2018
Lincoln, Nebr. (October 18, 2018) – The Arbor Day Foundation announced today the beginning of its fall tree planting initiatives through its Energy-Saving Trees and Community Canopy programs. Through these two community-based consumer education programs more than 27,000 trees will be distributed by 29partners including utility companies, cities, states, nonprofits and corporate partners across the United States bringing the total number of trees placed in homeowner’s, customers, communities and more

8144 Walnut Hill Lane, Suite 905
Dallas, TX  75231
United States
Phone: 972-852-2704

Exceleron is North America’s leading utility prepay and payment service company, with over 60 utility customers and 300,000 active consumers served. To date, Exceleron’s MyUsage® s… More >

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