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Business 2002 P13



NUI Corporation completes transfer of Pennsylvania and New York divisions to C&T Enterprises Inc.
NUI Corp. Thursday closed on the sale of its Pennsylvania and New York utility operations to C&T Enterprises, Inc. (C&T), a Pennsylvania electricity cooperative.

Moody's downgrades Allegheny Energy and affiliates
Moody's Investors Service downgraded the ratings of Allegheny Energy Inc., including its senior unsecured debt to B1 from Ba1.

Former regulator joins PJM
Richard Mathias, the former chair of the Illinois Commerce Commission, has joined PJM Interconnection to assist it in meeting the needs of Midwest states through a new PJM office in Chicago.

Moody's lowers CenterPoint Energy Inc. and CenterPoint units' ratings
Moody's lowered to Ba1 from Baa2 the senior unsecured ratings assigned to CenterPoint Energy, Inc. the new holding company formed to effect the restructuring of Reliant Energy, Inc. (REI) Sept. 30.

Skipping Stone among Philadelphia Business Journal's Top 100 for fourth consecutive year.
The Wharton School's Small Business Development Center released its 2002 listing of the Philadelphia region's fastest growing privately held companies, the Philadelphia 100.

Analog Devices offers digitally calibrated, multi-function, three-phase energy metering IC
Analog Devices has launched a single chip solution to meet the demands of the high-end three-phase, multi-function electricity metering market.

Barnhart Crane and Rigging establishes Gadsden, Ala., office
Barnhart Crane and Rigging Co., a provider of heavy rigging and transportation solutions based in Memphis, has purchased Gadsden, Ala-based Taylor Crane Rental and Rigging.

EU gives clearance for sale of ABB's Structured Finance business to GE Commercial Finance
ABB recently welcomed the announcement by the European Commission that it has approved the sale of ABB's Structured Finance business to GE Commercial Finance.

Citizens Communications completes sale of Kauai Electric for $215 million
Citizens Communications on Friday announced the completion of the sale of its Kauai Electric division to the Kauai Island Utility Cooperative.

American Superconductor acquires assets of Nordic Superconductor technologies from Denmark's NKT Holding
American Superconductor Corp. announced that it has acquired all of the assets of Nordic Superconductor Technologies A/S (NST), a subsidiary of Denmark's NKT Holding A/S.

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