Journal Record Business Briefs: February 1, 2012

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Journal Record Business Briefs: February 1, 2012


Record, Journal, THE JOURNAL RECORD


Atlantic Power invests in wind farmEL RENO - Atlantic Power Corp. has invested $23 million of late-stage development capital to own 51 percent of Canadian Hills Wind.Canadian Hills is the owner of the Canadian Hills Project, a 298.45-megawatt wind power project in the late stages of development in Canadian County.Apex Wind Energy Holdings, a wind power developer based in Charlottesville, Va., is the project developer. The project has long-term power purchase agreements for 250.45 megawatts and negotiations are under way for a similar power purchase agreement for the remaining 48 megawatts. The Oklahoma Municipal Power Authority has agreed to buy 49.2-megawatt agreement. In late January, Southwest Electric Power Co. of Shreveport, La., agreed to buy 201.25 megawatts from Canadian Hills Wind.Construction is expected to begin by April with commercial operations expected to start in November.Atlantic Power, based in Boston, owns power generation projects that sell electricity to utilities and other large commercial customers under long-term power purchase agreements.-- Staff report

Thorstenberg joins Port of Muskogee MUSKOGEE - Brien Thorstenberg, vice president, Ardmore Development Authority, has been hired as director of business and economic development for the Port of Muskogee. Effective Feb. 27, Thorstenberg will lead the Port of Muskogee's recently expanded business development effort, which includes management of the city of Muskogee's economic development program. Prior to joining the Ardmore Development Authority in 2003, Thorstenberg served as a manufacturing extension agent with the Oklahoma Alliance for Manufacturing Excellence.Thorstenberg is a graduate of Oklahoma State University and has a master of business administration degree from Southeastern Oklahoma State University. Thorstenberg is secretary of the Governor's Economic Development Team and treasurer of the Oklahoma Economic Development Council.-- Staff report

57 counties see jobless rates riseOKLAHOMA CITY - Unemployment rates increased in December in 57 of Oklahoma's 77 counties, the Oklahoma Employment Security Commission reported Wednesday.Three counties had jobless rates of less than 3 percent - Roger Mills, 2.7 percent; Ellis, 2.8 percent; and Dewey, 2.9 percent.Four counties had jobless rates for December of more than 9.5 percent - Latimer, 10.5 percent; Hughes, 9.8 percent; McCurtain, 9.7 percent; and Okmulgee, 9.6 percent.Oklahoma County, the state's largest county, had a jobless rate for December of 5.9 percent, up from 5.7 percent in November but down from 6.4 percent in December 2010.Tulsa County, the state's second-largest county, had a jobless rate for the month of 6.4 percent, up from 6.3 percent in November, but down from 7.1 percent for December 2010.-- Staff report

Hydraulic fracturing debate set at TUTULSA - Hydraulic fracturing will be the topic for the fourth annual Chesapeake Energy Lecture on Tuesday at the University of Tulsa Allen Chapman Activity Center.The University of Tulsa College of Law and the National Energy Policy Institute will present the lecture. Lunch begins at 11:30 a.m., and the program begins at noon.The invitation-only event will include a point-and-counterpoint discussion on hydraulic fracturing with geoscientists David Hughes and Terry Engelder. TU College of Law Vice Dean Gary Allison will be the moderator.Engelder, a professor in the geosciences department at Penn State University, has experience in the Marcellus gas shale play. He has served on the staffs of the U.S. Geological Survey, Texaco and Columbia University.Hughes is president of Global Sustainability Research Inc., a consultancy for research on energy and sustainability issues. The Chesapeake Energy Lecture Series is a component of the Chesapeake Scholars Program, a partnership between the TU College of Law and Chesapeake Energy Corp. …

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Journal Record Business Briefs: February 1, 2012
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