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Florida Public Service Commission Votes on Peoples Gas Base Rate Increase

Posted by Dana in May 8th 2009

The Florida Public Service Commission (FPSC) voted to increase Peoples Gas System’s base rates for the first time since 2003, effective June 18. Peoples Gas will continue to collect annual interim rates of $2.38 million that were granted in October 2008 until the time permanent rates go into effect. President Bill Cantrell said, “Peoples Gas [...]

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Eagle Rock Energy Partners, L.P. Announces Voluntary Reduction in Distribution Rate to Enhance Liquidity Position

Posted by Dana in May 1st 2009

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) (“Eagle Rock” or the “Partnership”) announced the following: * In order to enhance its liquidity position, the Partnership has instituted a voluntary, temporary reduction in its quarterly distribution rate from $0.41 to $0.025 per common unit; * The Partnership’s borrowing base under its senior secured credit facility has been [...]

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