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Business 2003 P3
Doug Jones named executive vice president of Southern Co. Generation and Energy Marketing
Doug Jones has been named executive vice president of Southern Company Generation and Energy Marketing, a business unit of Southern Company that works to manage and generate electricity for the company's retail customers and markets energy in the competitive wholesale supply business.
Texas Commercial Energy emerges from bankruptcy
Texas Commercial Energy (TCE) announced that it has emerged from bankruptcy after the approval of its reorganization plan by all parties.
Entergy promotes Senac to vice president of Power Plant Operations
Entergy, an integrated energy company serving over 2.6 million regulated customers in Arkansas, Louisiana, Mississippi, and Texas, has announced the promotion of Etienne Senac, Jr. to Vice President of Power Plant Operations.
U.S. Bankruptcy Court approves PG&E's plan of reorganization
The U.S. Bankruptcy Court issued a decision finding that PG&E Corp. and Pacific Gas and Electric Co.'s plan of reorganization is legal and confirmable.
Active Power receives $3.5 million order for power quality products
Active Power Inc., a manufacturer of battery-free power quality products, received orders for the installation of over 7 MVA of continuous power systems to be executed in phases through 1H2004.
Bankruptcy court approves Mirant settlement with Unitil
The Federal Bankruptcy Court presiding over the Mirant bankruptcy proceeding has approved the settlement between Unitil's New Hampshire based utility subsidiaries, Unitil Energy Systems, Inc. (UES) and Unitil Power Corp. (UPC), and Mirant's subsidiary Mirant Americas Energy Marketing, L.P. (Mirant Americas).
AES completes sale of two businesses in Bangladesh in a transaction valued at about $448 million
The AES Corp. has completed sale of 100% of its ownership in two generation businesses in Bangladesh in a transaction valued at $448 million.
Nicor Inc. responds to government actions against former joint venture employees
Nicor Inc. released the following statement in response to Thursday's announcements by the Office of the United States Attorney for the Northern District of Illinois and the Securities and Exchange Commission regarding charges against former employees of Nicor Energy, LLC, a 50-percent owned joint venture with Dynegy Marketing and Trade that is no longer in operation.
Southern Company's Becky Blalock named 2003 Georgia CIO of the year
Becky Blalock, senior vice president and chief information officer for Southern Company, was named Global CIO of the Year by the Georgia CIO Leadership Association (GCLA).
Sierra Pacific Resources CFO resigns
Sierra Pacific Resources announced that Richard K. Atkinson, vice president and chief financial officer, has resigned, effective December 12, 2003, to accept a CFO position with a non-utility company in the state of Oregon.
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