Iberdrola USA Foundation and Central Maine Power Announce First Pioneer Scholar Award Recipient
NEW GLOUCESTER, Maine, Sept. 25, 2015 (GLOBE NEWSWIRE) -- The Iberdrola USA Foundation and Central Maine Power are pleased to report that Jeremiah Henderson received its 2015 Pioneer Scholar Award during the Senator George J Mitchell Scholarship Research Institute Gala held in Portland on September 18, 2015.
"Iberdrola USA proudly supports the Senator George J. Mitchell Scholarship Research Institute and all the Mitchell Scholars for their exemplary citizenship, scholarship, and perseverance during their college careers," said Bob Kump, chief corporate officer of Iberdrola USA and president of the Iberdrola USA Foundation. "We extend our special congratulations to Jeremiah Henderson as the recipient of the inaugural Iberdrola USA Foundation/Central Maine Power Pioneer Award."
The Mitchell Institute awards a scholarship each year to a graduating senior from every public high school in Maine. "The Mitchell Scholarship is the most meaningful accomplishment of my life, and I am honored to have the support of The Iberdrola USA Foundation for this endeavor," said Senator Mitchell.
Jeramiah Henderson, a 2012 graduate from Foxcroft Academy and Mitchell Scholar, is currently a senior at the University of Maine. "I am very honored to receive the Iberdrola USA/Central Maine Power Pioneer Scholar award for pursuing the field of Mechanical Engineering Technology," said Henderson. "I look forward to contributing and using my skills to improve current technologies in my field."
Iberdrola USA is the U.S. subsidiary of global energy leader Iberdrola, S.A. with three main business units:
- Iberdrola USA Networks, Inc. operates from New York to New Hampshire to Maine, safely delivering natural gas and/or electricity to nearly three million customers through its five operating companies: Central Maine Power, Maine Natural Gas, New York State Electric & Gas and Rochester Gas and Electric.
- Iberdrola Renewables is leading the transformation to a competitive, clean energy future. We are the U.S. renewable energy division of our parent company, an energy pioneer with the largest renewable asset base of any company in the world. Counting energy storage, we have more than 60 projects in 24 states.
- Iberdrola Energy Holdings is one of the top independent gas storage operators and gas traders in the country with more than 130 billion cubic feet of gas storage and an energy services trading floor in Houston and Salt Lake City.
The Iberdrola USA companies employ about 5,000 people with operations in 24 states from New England to the West Coast. For more information, please visit our website: www.iberdrolausa.com. Follow us on Twitter: @IberdrolaUSA
Hedging programs that E&Ps have in place in 2016 vary considerably. The chart below shows the range of oil and gas production for several E&Ps covered by hedging contracts. Pioneer Natural Resources (ticker: PXD) and Cimarex Energy (ticker: XEC) have hedged the largest portions of their remaining production at 85/75 and 80/90 percent, respectively, for oil and gas. This chart[Read More…]
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