Exelon, the Chicago-based electric, is progressing smoothly with its noncore power plant divestitures.
Brookfield Infrastructure Partners LP (BIP), a Toronto-based energy investor, has kicked off the sale of its Marlborough, Mass.-based Cross Sound Cable Co.
Sale of the transmission company could fetch as much as $200 million.
After it got no traction with a sale process last year, an unsolicited bid kicks off an auction.
Industry sources say management is likely holding out for a higher price.
Avista Corp., the Spokane, Wash.-based electric utility, is quietly talking to potential buyers and Warren Buffett's Berkshire Hathaway Energy is showing some interest.
Southwest Gas, the Las-Vegas-based natural gas distributor, has received interest from buyers, but whether the company will decide to go down the sale path is not yet clear.
Public Service Enterprise Group, the Newark, New Jersey-based electric utility with a $19 billion market capitalization, has been looking for a merger partner.
After the utility lost out on the bidding for Pepco to Exelon, it was talking to PPL, but failed to clinch a deal.
Blue Harbour Group had said the company should separate its power generation from its nuclear business.