Cinergy News

Cinergy Corp., American Electric Power Co., Xcel Energy Inc., Southern Co. and the Tennessee Valley Authority must defend a lawsuit by eight states seeking a reduction in carbon-dioxide emissions, an appeals court said.

Zimtu Capital Corp. is pleased to announce that it has acted as a property vendor in Weststar Resources Corp.'s acquisition of the Silver Creek and Simonette Lithium Brine Properties in Alberta, and as a finder in Canadian International Minerals Inc.'s acquisition of the Deadhorse Creek Rare Earth Property in Ontario.

Henry Lafferty, senior independent non-executive director, becomes Non-executive Chairman with immediate effect.

And the N.C. Utilities Commission also says it will not consider sanctions against Duke for now.

Duke Energy named Lynn Good its chief financial officer on Tuesday, replacing David Hauser, who will become chairman and chief executive of FairPoint Communications.

For the past 18 months, Good has been group executive and president of Duke's commercial businesses.

Friday, May 29, 2009 Ind. Decisions - "Duke Energy Ordered to Shut Indiana Coal Power Units" Andrew M. Harris reports for Bloomberg News : Cinergy Corp., now part of Duke Energy Corp., was ordered by a U.S. judge to shut three Indiana power-station units for federal Clean Air Act violations incurred during renovations more than 17 years ago.

Duke Energy Corp. has won three favorable rulings but has lost two others in a legal dispute with the Environmental Protection Agency involving power plants in Ohio and Indiana.

INDIANAPOLIS - Cinergy Corp., the Cincinnati-based utility company acquired by Duke Energy Corp.

A federal jury returned a verdict that a major energy company violated clean-air rules at a coal-fired power plant along the Ohio River in southeast Indiana.