http://www.hvllc.com HVLLC Release RSS feed. . Copyright 2005, HVLLC Tendenci Membership Management Software by Schipul - The Web Marketing Company en-us noemail@hvllc.com Tue, 07 Sep 2010 12:02:27 GMT Release http://www.hvllc.com/en/rel/93/ Houston, Texas (November 23, 2009) – Haddington Ventures, L.L.C., announced today that CAES Development Company, LLC, a portfolio company of Haddington’s managed funds, has sold to FirstEnergy Generation Corp., a subsidiary of Akron, Ohio-based First Energy Corp. (NYSE:FE), the rights to the Norton Energy Storage Project, a compressed air energy storage (CAES) facility under development in Norton, Ohio. “We are very pleased to have reached an agreement with First Energy for their acquisition of this project,” said Haddington Managing Director John A. Strom. “The rapid growth in renewable wind energy is accelerating the need for additional bulk energy storage to support renewable integration, and the flexibility of CAES facilities to provide both regulation and load following services, combined with their low energy production costs, are unmatched by any other natural gas-fired generation resource.” Mr. Strom noted that Haddington leveraged its... http://www.hvllc.com/en/rel/93/ noemail@hvllc.com Mon, 23 Nov 2009 15:00:00 GMT