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Dynegy Releases Illinois Power Agency Capacity Procurement Event Results

The Illinois Commerce Commission reported that Dynegy is one of the winning suppliers of the Illinois Power Agency's MISO Zone 4 capacity procurement event.

According to a media release, the capacity procured in this process was for planning years 2017/2018 and 2018/2019. While each winning bidder will receive their bid price the overall weighted average price for the winning bids was $143.20 and $137.25 per megawatt-day, respectively. Total capacity to be provided by the winning suppliers is 1,389 megawatts (MW) for 2017/2018 and 465 MWs for 2018/2019.

Per the auction rules, Dynegy's share of the awarded MW and the clearing prices is not being disclosed and remains confidential. For planning year 2017/2018, Dynegy has sold a total of 1,288 MW of capacity from its MISO coal segment, excluding IPH, for a total of approximately $45.8 million.

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THE DAILY VIEW

  • Alexandra Scarborough
    Papyrus Joins Forces with Designer Lela Rose

    Papyrus is looking to bring the “elegance and style” of fashion to its greeting cards via a new designer collaboration series.

    According to a release, the collaboration marks the first time a fashion design house and greeting card brand have joined forces to develop a custom greeting card collection.

    Papyrus said it is partnering with American fashion designer Lela Rose to introduce the series. Rose will feature her "sophisticated yet modern style" in the debut card and gift collection, slated to launch during New York Fashion Week. The collection will be available in New York City Papyrus stores and select retailers in September, with availability expanding to all Papyrus locations and retailers in October.

    "The fashion designer collaboration series is a celebration of the commitment Papyrus has to the arts, including a focus on the fashion industry, quality craftsmanship and trend-forward design," said Christy Kaprosy, President of Papyrus-Recycled Greetings. "We are delighted to have Lela Rose's elegant line lead the first Papyrus fashion designer collaboration program, and we are excited to bring more fashion designers to our loyal customers in the future."

    The company noted the collection, which draws inspiration from some of Rose's recent runway designs, consists of 16 cards and five gift accessories, including gift bags, gift tissue, roll wrap and a gift tag set. It also will be available online at papyrusonline.com

    "I'm thrilled to be the first designer to collaborate with Papyrus on their exclusive new fashion series," said Lela Rose. "This is a unique way to showcase our designs, silhouettes and prints, and extend the brand into a new category."

 

 

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