Business 2002 P34 : Electric Light & Power/Utility Automation & Engineering T&D News Covering AMR, T&D Automation, Electric Transformers Design, Power Distribution Transformers, SCADA Systems & more

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Business 2002 P34

Power Measurement and add engineering partner to deliver ION products in Russia
Power Measurement announced the appointment of ADD Engineering of St. Petersburg, Russia as a distributor of its line of web-ready software and intelligent metering and control devices.

Entergy offers second quarter earnings guidance, on track to achieve 2002 guidance
Entergy Corp. recently indicated that it expects to report second quarter 2002 financial results of at least $1.15 in operational earnings per share.

Fitch Ratings affirms Peoples Energy & subsidiaries' ratings
Fitch Ratings has affirmed the credit ratings of Peoples Energy Corp. (PEC) and its subsidiaries, Peoples Gas Light and Coke Co. (PGLC) and North Shore Gas Co. (North Shore).

PPL Electric Service remains reliable through heat wave
PPL Electric Utilities has maintained reliable service to its 1.3 million customers throughout the heat wave that has baked the Northeast for the past 10 days.

Aquila says the sale of Pulse, EdgeCap and Utili-Mode in Australia has no ongoing impact on earnings per share
Australian-based United Energy, which is managed and 34 percent owned by Aquila, has reached an agreement with The Australian Gas Light Company (AGL) to sell its interests in Pulse, EdgeCap and Utili-Mode to AGL.

Echelon announces low-cost Internet connection for intelligent devices
Echelon recently announced that it started shipping the i.LON 10 Ethernet Adapter at the end of the second quarter.

The Empire District Electric Co. rating downgraded by Standard & Poor's
The Empire District Electric Co. announced recently that Standard & Poor's has downgraded the company's corporate credit rating to BBB from A-.

Active Power Inc. begins shipment of Lower Power UPS to Caterpillar Inc.
Active Power Inc. announced recently that it has begun shipments of its new 150 kVA CleanSource® Uninterruptible Power Supply (UPS) product to Caterpillar® Inc.

AGL Resources creates division for non-regulated units
AGL Resources announced recently formation of a new business division to lead its non-regulated subsidiaries, to be called Sequent Diversified Business Group.

Skipping Stone CEO wins business award from Ernst & Young
The CEO of Skipping Stone Inc. has been recognized as one of Philadelphia's top entrepreneurs in Ernst & Young's annual Entrepreneur of the Year® awards competition recently.

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