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Business 2002 P53
Puget Energy board names new chairman, announces management changes
Puget Energy today announced the appointment of a new chairman of the board and changes to the senior management team.
Fitch Ratings upgrades Edison International & SoCalEd after debt payoffs
Fitch Ratings has raised Edison International and Southern California Edison's debt ratings because they have paid all past-due debts and no commercial paper remains outstanding.
GE Digital Energy introduces the Advanced Power System
GE Digital Energy has introduced its Advanced Power System, a pre-assembled and pre-tested system delivering reliable power for mission critical applications.
Endesa reports higher investment in T&D networks in Spain
Endesa's total investment in distribution and transmission networks in Spain in 2001 was Euro 616 Million (USD $548 Million), 12 % higher than the previous year.
Kauai Island Utility Cooperative agrees to acquire Kauai Electric from Citizens Communications for $215 Million
Citizens Communications Co. announced today that it has entered into a definitive agreement to sell Kauai Electric to Kauai Island Utility Cooperative (KIUC) for $215 million.
Pentech Solutions launches energy asset management service for multi-site commercial businesses
Pentech Solutions, a provider of Energy Asset Management Services, has announced an enhanced product offering for multi-site commercial businesses.
Supra® Products purchased by GE Industrial Systems as part of Interlogix Inc. acquisition
SUPRA® Products is now part of GE Industrial Systems as a result of that business' acquisition of Interlogix.
Florida Power & Light reports fewer, shorter outages since 1997
A recent benchmarking study shows that the utility Florida Power & Light Co. has improved the average time customers are without service by about 50 percent since 1997.
Bankrupt California utility shores up parent company PG&E Corp.
PG&E Corp. announced its earnings from operations had increased by 19 percent to $1.1 billion, or $3.02 per share, for the full year 2001.
Dominion Virginia Power reports best-ever reliability rate
Dominion Virginia Power, a utility with 2 million electricity customers, reported record service reliability in 2001 for the fifth consecutive year of improvement.
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