Latest news with #JasonRyan
Malaysian Reserve
6 days ago
- Business
- Malaysian Reserve
CenterPoint Energy sends large temporary emergency generation units to San Antonio to support state's energy needs and lower costs for Houston customers
Company delivers on unprecedented contribution of approximately $200 million of value to the State of Texas First five of the 15 large temporary emergency generation units deployed to San Antonio area to help address regional power generation shortfall Historic agreement with state and industry partners will help address Texas' power generation needs and lower bills for Houston-area customers by approximately $2 per month by 2027 HOUSTON, June 16, 2025 /PRNewswire/ — This weekend, as part of an effort to help the State of Texas meet its current and future energy needs, CenterPoint Energy announced that the first five of 15 large temporary emergency generation units began leaving the Greater Houston area to be deployed to the San Antonio region. To help with staging and installation in San Antonio, the units are departing Greater Houston in a series of three waves over the next two months. In total, CenterPoint will be providing 15 large temporary emergency generation units for up to two years as part of an unprecedented, Texas-driven solution reached in close collaboration over the last six months with the Electric Reliability Council of Texas (ERCOT), elected leaders, regulators and industry partners. In addition to helping reduce the risk of power generation shortfalls in San Antonio this summer and next, the cost of the deployed units will be removed from Houston-area customers' monthly bills, saving average CenterPoint customers approximately $2 per month by 2027. 'All Texans can be proud that this creative, collaborative solution is moving forward to help meet our great state's significant energy needs and improve reliability across Texas. This unprecedented contribution of value from CenterPoint to the state will help reduce the risk of energy shortfalls in San Antonio and will immediately lower monthly bills for our Houston-area customers. We look forward to successfully delivering the first five units and additional deliveries planned in the weeks ahead,' said Jason Ryan, Executive Vice President of Regulatory Services and Government Affairs. Key Facts: Delivering CenterPoint's Texas-Driven Generation SolutionIn early June, ERCOT, CenterPoint and industry partners signed final agreements to begin delivery of the 15 large temporary emergency generation units for up to a two-year service period in San Antonio starting this summer. The plan includes the following components: Lowering bills for Greater Houston-area customers: Costs associated with the large leased temporary emergency generation units will start coming out of rates for Houston electric customers in the coming months. By 2027, bills will be reduced by an estimated $2 per month for the average customer who uses 1,000 kWh/month. Meeting Texas' current and future energy needs: The 15 large units (27MW-32MW) will provide critical generation capacity in the Greater San Antonio area to help avoid the risk of shortfalls. The units each provide enough power for approximately 30,000 homes and were acquired following the devastation of Winter Storm Uri across Texas in 2021. Forgoing revenue and profit for 15 units: CenterPoint will receive no revenue or profit from the 15 large units based on the agreement with ERCOT. A video summary of the large temporary emergency generation units leaving the Greater Houston area and b-roll footage of one of the units sent to San Antonio this weekend can be found here: CNP Digital Asset Mgmt CenterPoint's role in the Texas electricity marketCenterPoint is an electric transmission and distribution company in the Texas market. The company does not own any power plants in Texas; other than the leased temporary generation units, CenterPoint does not generate any electricity in the state and does not purchase electricity on behalf of customers in Texas. It also does not have any electric customers in Texas outside the 12-county Greater Houston area. About CenterPoint Energy, Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit Forward-looking StatementsThis news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecast,' 'goal,' 'intend,' 'may,' 'objective,' 'plan,' 'potential,' 'predict,' 'projection,' 'should,' 'target,' 'will,' 'would' or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding effectiveness, timing and related matters to the movement of the large temporary emergency generation units, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other reports CenterPoint or its subsidiaries may file from time to time with the Securities and Exchange Commission. Investors and others should note that we may announce material information using SEC filings and the Investor Relations page of our website, including press releases, public conference calls, webcasts. In the future, we will continue to use these channels to distribute material information about the company and to communicate important information about the company, key personnel, corporate initiatives, regulatory updates, and other matters. Information that we post on our website could be deemed material; therefore, we encourage investors to review the information we post on the Investor Relations page of our website. For more information, contact:
Yahoo
6 days ago
- Business
- Yahoo
CenterPoint Energy sends large temporary emergency generation units to San Antonio to support state's energy needs and lower costs for Houston customers
Company delivers on unprecedented contribution of approximately $200 million of value to the State of Texas First five of the 15 large temporary emergency generation units deployed to San Antonio area to help address regional power generation shortfall Historic agreement with state and industry partners will help address Texas' power generation needs and lower bills for Houston-area customers by approximately $2 per month by 2027 HOUSTON, June 16, 2025 /PRNewswire/ -- This weekend, as part of an effort to help the State of Texas meet its current and future energy needs, CenterPoint Energy announced that the first five of 15 large temporary emergency generation units began leaving the Greater Houston area to be deployed to the San Antonio region. To help with staging and installation in San Antonio, the units are departing Greater Houston in a series of three waves over the next two months. In total, CenterPoint will be providing 15 large temporary emergency generation units for up to two years as part of an unprecedented, Texas-driven solution reached in close collaboration over the last six months with the Electric Reliability Council of Texas (ERCOT), elected leaders, regulators and industry partners. In addition to helping reduce the risk of power generation shortfalls in San Antonio this summer and next, the cost of the deployed units will be removed from Houston-area customers' monthly bills, saving average CenterPoint customers approximately $2 per month by 2027. "All Texans can be proud that this creative, collaborative solution is moving forward to help meet our great state's significant energy needs and improve reliability across Texas. This unprecedented contribution of value from CenterPoint to the state will help reduce the risk of energy shortfalls in San Antonio and will immediately lower monthly bills for our Houston-area customers. We look forward to successfully delivering the first five units and additional deliveries planned in the weeks ahead," said Jason Ryan, Executive Vice President of Regulatory Services and Government Affairs. Key Facts: Delivering CenterPoint's Texas-Driven Generation SolutionIn early June, ERCOT, CenterPoint and industry partners signed final agreements to begin delivery of the 15 large temporary emergency generation units for up to a two-year service period in San Antonio starting this summer. The plan includes the following components: Lowering bills for Greater Houston-area customers: Costs associated with the large leased temporary emergency generation units will start coming out of rates for Houston electric customers in the coming months. By 2027, bills will be reduced by an estimated $2 per month for the average customer who uses 1,000 kWh/month. Meeting Texas' current and future energy needs: The 15 large units (27MW-32MW) will provide critical generation capacity in the Greater San Antonio area to help avoid the risk of shortfalls. The units each provide enough power for approximately 30,000 homes and were acquired following the devastation of Winter Storm Uri across Texas in 2021. Forgoing revenue and profit for 15 units: CenterPoint will receive no revenue or profit from the 15 large units based on the agreement with ERCOT. A video summary of the large temporary emergency generation units leaving the Greater Houston area and b-roll footage of one of the units sent to San Antonio this weekend can be found here: CNP Digital Asset Mgmt CenterPoint's role in the Texas electricity marketCenterPoint is an electric transmission and distribution company in the Texas market. The company does not own any power plants in Texas; other than the leased temporary generation units, CenterPoint does not generate any electricity in the state and does not purchase electricity on behalf of customers in Texas. It also does not have any electric customers in Texas outside the 12-county Greater Houston area. About CenterPoint Energy, Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit Forward-looking StatementsThis news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will," "would" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding effectiveness, timing and related matters to the movement of the large temporary emergency generation units, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and other reports CenterPoint or its subsidiaries may file from time to time with the Securities and Exchange Commission. Investors and others should note that we may announce material information using SEC filings and the Investor Relations page of our website, including press releases, public conference calls, webcasts. In the future, we will continue to use these channels to distribute material information about the company and to communicate important information about the company, key personnel, corporate initiatives, regulatory updates, and other matters. Information that we post on our website could be deemed material; therefore, we encourage investors to review the information we post on the Investor Relations page of our website. For more information, contact: View original content to download multimedia: SOURCE CenterPoint Energy
RNZ News
13-06-2025
- Sport
- RNZ News
Former test lock Bryn Evans joins All Blacks as specialist lineout coach
Bryn Evans last played for the Highlanders three years ago. Photo: TREVOR COLLENS/AAP Former test lock Bryn Evans will join the All Blacks coaching team for 2025, as a specialist lineout coach. Just three years after retiring as a professional player, Evans has been rewarded for his contributions as an assistant coach at the Hurricanes and Hawke's Bay. He will join the All Blacks for their full 13-test calendar this year, before rejoining the Hurricanes for their 2026 campaign. All Blacks forward coach Jason Ryan said he and head coach Scott Robertson had been impressed by Evans' methods, which would provide a "point of difference". "He brings a unique skillset with his work with the Hurricanes and Hawke's Bay," Ryan said of Evans, 40. Bryn Evans debuts for the All Blacks against France. Photo: Simon Watts/Photosport "What I like is he's got a lateral thinking ability about him. He's an ex-lineout caller, and he had 12-plus years playing in the UK and France, which gives him a broad range of experience and an understanding of the northern hemisphere approach. "It's going to be a good complement for us. Bryn brings a skillset that I haven't got in terms of how they call lineouts, what pictures they see. "We believe it's a real point of difference having him, and making sure our skills are dialled in and leading the way in that area. "We believe having Bryn in this space, analysing us and the opposition, is just what we need." Evans played twice for New Zealand, coming off the bench in home tests against France in 2009. Meanwhile, in-form midfield back Peter Umaga-Jensen has announced he will leave the Super Rugby Pacific team with a year to run on his contract to take up a club deal in Japan. Peter Umaga-Jensen played one test for the All Blacks against Australia. Photo: John Cowpland/Actionpress The attack-minded Wellington provincial player debuted for the Hurricanes in 2018, going on to make 54 appearances in a tenure spoiled by injury. His only test appearance came off the bench against Australia in 2020, but he was unable to remain near the front of a logjam of contenders after that. Umaga-Jensen, 27, finished the current season on a high, scoring two tries in a final-round hammering of Moana Pasifika, including a brilliant 50m solo score. "I started here as a young fella chasing a dream and it's been an incredible ride ever since," he said. "I've made memories that will stay with me forever and built lifelong friendships that I'll always treasure. "One day, I hope I'll be sitting down with all the boys, sharing a beer and a laugh, as we look back on everything we experienced together." Umaga-Jensen has not disclosed which Japanese club he will join nor the length of his contract. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Yahoo
23-05-2025
- Business
- Yahoo
Look inside the new luxury 'treetop' hotels opening in Wisconsin Dells
Announced last summer, the Treetop Villas at Mirror Lake, a new resort in Wisconsin Dells, will officially open on June 2. Additionally, the Dawn Manor Restaurant, located next door, opens on May 23. Both the restaurant and "treetop" hotel are new projects from Uphoff Resorts, and will be managed by St. Paul-based Morrissey Hospitality. The "treetop" accommodations aren't full-on treehouses like the famous Tree Hotel in Sweden. They are, however, elevated and have trees running through the cabin designs in addition to an impressive view of the surrounding natural scenery, including Mirror Lake. View the 21 images of this gallery on the original article The Treetop Villas are a set of four luxury cabins, three of which have two bedrooms and a sleeper sofa that can house up to six guests. The fourth unit has four bedrooms and allows for up to 10 guests. All four spaces include a kitchen, gas fireplace, and wardrobes with ski and snowboard equipment. Additionally, each rental has a deck with lounge seating, a fire pit, and a lake-facing hot tub. 'The Wisconsin Dells area is famous for having unique lodging options, so we strove to create a guest experience that truly stands out from the rest,' says Jason Ryan, senior architect and partner of ADCI, which designed the rooms. 'Each treehouse was meticulously placed to utilize the natural cliffs and preserve as many trees as possible, giving the guest the best views into the natural surroundings." Rooms at the Treetop Villas, which are located at 413 S. Burritt Ave. in Baraboo, start at $250 per night in the two-bedroom accommodations and $1,250 per night in the larger one. While the address says Baraboo, it's just a five-minute drive to the heart of the waterparks in the Dells. Nearby, the same groups have opened the Dawn Manor Restaurant, a relocated Victorian estate that overlooks the lake. The three-story restaurant offers period-themed dining (and a gift shop, because this is the Dells). It was relocated from its original site a few miles away and reconstructed with seven themed spaces throughout the building. Each dining room pays "respect to the various people who came to know and be a part of the history of the manor," the company says in an announcement. That includes The 1855 Room on the main level, which pays homage to the year the home was built. 'I feel like I've played a small part in preserving history that would have otherwise been lost,' says Steve Uphoff, CEO of Uphoff Resorts. 'This has truly been a passion project, with every detail thoughtfully designed to honor the eras of the past. Creating this unique dining experience gives guests the chance to see, feel, taste and breathe in the history of this home for the first time and let the legacy live on.' View the 18 images of this gallery on the original article The menu was constructed by co-culinary director Jayson Pettit and executive chef and co-director Justin Daper. They've crafted a modern American menu that includes a beef and bacon meatloaf, prime rib, and a burger. Meanwhile, the bar program was developed by the Minneapolis-founded Tattersall Distilling, which is now primarily based in River Falls, Wis. The menu mixes classic cocktails and signature drinks. It also features three custom spirits from Tattersall that are exclusively available at the Dawn Manor: Vanderpoel Gin, Straight Rye Whiskey, and, since this is Wisconsin, a bottled Brandy Old Fashioned.
Yahoo
30-01-2025
- Business
- Yahoo
CenterPoint Energy settles rate case, will lower power costs for customers
More than six months after CenterPoint Energy came under fire for its response to Hurricane Beryl — and its proposal to raise its rates — Houston's main electricity company announced Wednesday that it reached a settlement that will lower customers' bills. Instead of the proposed rate increase that the company had requested shortly before Beryl made landfall, most CenterPoint Energy customers will have their average bill reduced by about $1 per month moving forward — pending approval from the Public Utility Commission of Texas. Centerpoint withdrew its rate increase proposal on Aug. 1 amid the Beryl backlash. 'Following customer feedback and constructive discussions with intervening parties over the last several months, this plan keeps our customers at the forefront and supports CenterPoint's ultimate goal of building the most resilient coastal grid in the country," Jason Ryan, CenterPoint's executive vice president of regulatory services and government affairs, said in a Wednesday statement. CenterPoint faced public outrage and sharp criticism from Texas lawmakers after more than 2 million households and businesses lost power after Beryl struck the city, prompting a public apology from the company's CEO. At least 23 people in Texas died from the storm and associated power outages. Beryl also caused about $1.2 billion to $1.3 billion in damages to CenterPoint's electrical infrastructure. Texas Gov. Greg Abbott criticized the utility for its response to Beryl, which left hundreds of thousands of customers in Houston without power nearly a week after the hurricane struck. In July, he said the state may have to reconsider how much territory CenterPoint could serve if the company didn't 'fix its ongoing problems.' CenterPoint serves more than 2.6 million customers across the greater Houston area and coastal communities like Galveston. In addition to calling on CenterPoint to create a detailed plan about how it would restore power, the governor also asked the PUC to investigate the utility's response. The PUC presented their findings in a November report that said customers had trouble getting reliable information during Beryl and recommended that lawmakers pass legislation requiring utility companies to provide information about power restoration during outages. The same investigation also recommended more than a dozen improvements to CenterPoint's emergency plans, communications and vegetation management. The PUC announced in November that it would also hire an outside company to audit CenterPoint, with results expected in April. In August, Attorney General Ken Paxton also opened a criminal investigation into CenterPoint to examine allegations of fraud, waste and improper use of taxpayer funds. After Beryl hit, CenterPoint President and CEO Jason Wells vowed to improve the company's communications and the electrical system's resiliency. In early August, CenterPoint launched a new outage tracker. The previous tracker had been offline for several months before Beryl struck. During its Beryl response, CenterPoint also faced criticism for not utilizing massive generators designed to help during extended power outages. The PUC had allowed CenterPoint to charge its customers to help pay for the $800 million needed to lease the generators and make a profit. In Wednesday's statement, CenterPoint said it 'would make no revenue or profit off of the temporary emergency generator proposal,' suggesting that customers would no longer be on the hook to help pay for the generators. The change comes after lawmakers, including Lt. Gov. Dan Patrick, called on the PUC to block CenterPoint from passing that cost onto its customers. CenterPoint is also proposing moving the emergency generators to the San Antonio area for two years starting this spring to help the Electric Reliability Council of Texas, which manages the state power grid, address any potential energy shortfalls this summer. The proposed change is subject to approval from ERCOT. Disclosure: CenterPoint Energy has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune's journalism. Find a complete list of them here.
