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NYPA, Alcoa Partner to Save Hundreds of Jobs at Massena, NY Operations Despite Major Production Curtailment
March 31, 2009
NEW YORK--(BUSINESS WIRE)--In an innovative example of a private corporation and a public entity partnering to retain jobs during the economic downturn, the New York Power Authority (NYPA) and Alcoa (NYSE:AA), the N.Y.-based aluminum company, today announced they have reached an agreement that will save hundreds of jobs at Alcoa’s smelters in Massena, New York in the near-term and preserve hundreds more under its planned long-term modernization project at the plant.
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Alcoa Reaches New Renewable Power Deal for Wenatchee, WA Smelter
July 15, 2008
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has reached agreement with the Chelan PUD on a new, clean-energy hydropower contract to supply its Wenatchee, Washington aluminum smelter through 2028.
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Alcoa to Temporarily Idle Half of Rockdale, TX Smelter Due to Local Power Supply Issues
June 19, 2008
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it will temporarily idle half the production at its Rockdale, Texas aluminum smelter.
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FERC Issues Annual License for Alcoa Yadkin Project
May 6, 2008
The Federal Energy Regulatory Commission (FERC) has issued an annual license for the Yadkin Hydroelectric Project operated by Alcoa Power Generating Inc. (APGI). The annual license mirrors the conditions of APGI's current license and will remain in effect until a new license for the Yadkin Project is issued.
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Alcoa, Government of Quebec Reach New Renewable Power Agreement For Three Smelters in Province
March 4, 2008
New Energy Arrangement Secures Power Through 2040, Enables $1.2 Billion Upgrade, Expansion of Baie Comeau Smelter; Accelerates Negotiations to Expand Deschambault Smelter
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Yadkin Stakeholders Finalize Relicensing Settlement Agreement
February 22, 2007
BADIN, N.C.--(BUSINESS WIRE)--Feb. 22, 2007--Alcoa (NYSE:AA) took another significant step forward in the federal relicensing process this week when stakeholders finalized a Relicensing Settlement Agreement (RSA) for the Yadkin Hydroelectric Project that operates along the Yadkin River in central North Carolina.
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Alcoa Invests in Serra do Facao Hydroelectric Project in Brazil
January 10, 2007
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that a shareholder agreement was concluded by the investors in the Serra do Facão hydroelectric plant, which formalizes the creation of a company to construct the power plant in São Marcos River, in Brazil’s central region.
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Alcoa Worldwide News
Read how Alcoa is making headlines around the world at its worldwide site.
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Alcoa Energy serves as Alcoa's energy center of excellence, securing long-term cost advantages for Alcoa's manufacturing and energy operations worldwide. The business is divided into Alcoa Power Generating Inc., which operates Alcoa's North American energy assets, and Energy Services. Energy Services provides strategic and tactical energy management services that capture market opportunities, help manage risk and generate cost reductions for Alcoa's manufacturing locations. Alcoa Energy actively pursues growth opportunities in the energy sector through acquisition and development to increase Alcoa's self-sufficiency. |
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| | APGI
Alcoa Power Generating Inc. ("APGI") is a wholly-owned subsidiary of Alcoa Inc. ("Alcoa"), the nation’s (and the world’s) leading producer of primary aluminum and fabricated aluminum. APGI exists primarily to generate, purchase or manage electricity for Alcoa’s use in its aluminum smelters and other industrial processes.
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