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Business 2003 P45
Two units of NRG Energy file for bankruptcy
Two units of NRG Energy Inc. are seeking to follow their parent company into Chapter 11 bankruptcy protection.
DEP deputy secretary joins PPL
Christine M. Martin, deputy secretary for water management in Pennsylvania's Department of Environmental Protection, will join PPL Corp. June 29 as the company's Pennsylvania Manager of State Government Relations.
Oglethorpe Power acquires new generating facilities
Oglethorpe Power Corporation has closed a transaction by which the corporation assumed ownership of two new generating facilities and implemented long-term financing for the plants.
Moody's upgrades the debt ratings of the Williams Companies Inc.
Moody's Investors Service upgraded the debt ratings of The Williams Companies (TWC) and its subsidiaries.
ISS recommends El Paso Corp. shareholders elect Zilkha/Wyatt slate of nominees
Institutional Shareholder Services' (ISS) has recommended the election of the Zilkha/Wyatt slate of nominees at the company's annual meeting of shareholders on June 17.
Patent application published on new pulverized coal pressurized gasifier
A new gasifier invention application has just been published at the U.S. Patent and Trademark Office (USPTO).
Native tribes poised to benefit from energy expansion
In this article from EL&P's June 2003 issue, attorney Karen Atkinson describes a number of opportunities available for American Indian tribes to reap advantages from partnerships with energy companies.
Mirant offers $1.45 billion bond exchange
Mirant has offered to exchange $750 million of 2.5 percent convertible debentures (due 2021 but puttable in 2004), and $200 million of 7.4 percent senior notes (due 2004) for new senior secured notes (due 2008).
Calpine comments on S&P downgrade
Calpine Corp. announced its operations will not be materially impacted by Monday's change of Standard & Poor's (S&P) rating on Calpine's corporate credit to B from BB.
National Fuel Gas Co. announces acquisition of Toro Partners, LP
Upstate Energy Inc., a wholly-owned subsidiary of National Fuel Gas Co., has acquired all of the partnership interests in Toro Partners, LP, which owns and operates eight short-distance landfill gas pipeline companies that purchase, transport and resell landfill gas to customers in six Midwestern states in the United States.
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