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Business 2004 P21
Evergreen Solar completes $20.0 million private equity financing
Evergreen Solar, Inc., a developer, marketer, and manufacturer of photovoltaic (solar power) products for the worldwide market, announced the completion of its previously announced private placement financing of $20.0 million of Common Stock and warrants to purchase Common Stock.
Allete announces redemption of $125 million senior notes
ALLETE, Inc. announced the redemption of all of its $125 million 7.8% Senior Notes due February 15, 2008. A notice of redemption is being sent to all registered holders of the notes. The redemption is scheduled to occur on July 26, 2004 and will further strengthen ALLETE's balance sheet, an ongoing strategic objective of the company.
Utilities address generational divide with new web course from Apogee Interactive
With Baby Boomers retiring and Millennials coming onboard, diversity training offers a way to bridge the generational divide now growing within mature energy companies. Apogee Interactive announced today it offers an award-winning, online diversity course to help its utility clients achieve their diversity and inclusivity goals.
Itron offers distribution asset optimization (DAO) Webinar, June 29th
Itron Inc. announced that it will host a free Webinar focusing on Itron's Distribution Asset Optimization solution (DAO) from 9 to 10 am, (PST) Tuesday, June 29th.
The Structure Group announces the release of an nMarket™ product to support New York SMD 2 Market Trials
The Structure Group, an international software and consulting company providing integrated solutions for the deregulated energy industry, announces the release of its nMarket™ software product to support the New York ISO (NYISO) SMD 2 Market Trials exercises scheduled to begin June 21, 2004.
One of Florida's largest electric cooperatives selects Apogee interactive energy calculator for Web site
LCEC's Web site now features a residential online energy calculator developed by Apogee Interactive specifically for LCEC's area weather, energy prices, and pool/spa saturation. "Apogee brought the technical expertise needed to create an easy-to-use, accurate energy calculation tool for our members," said Joe Padgett, LCEC marketing and energy services supervisor.
Stay cool this summer with the TXU Energy aid cool line
TXU Energy started its annual TXU Energy Aid Cool Line program to educate customers on how to avoid heat-related risks and refer consumers in need to agencies that can help with their energy bills.
Kansas City Power & Light announces redemption of trust originated preferred securities
Kansas City Power & Light announced that on July 21, 2004, the company will redeem a series of preferred securities issued by a subsidiary financing trust.
El Paso Corporation eliminates more than $815 million in non-recourse debt
El Paso Corporation announced that it has closed the sale of 100 percent of its equity interests in Utility Contract Funding (UCF) to Bear Stearns' Houston Energy Group, via a wholly owned subsidiary of The Bear Stearns Companies Inc., for approximately $21 million.
Itron launches new tool for Origin GIS software
Itron Inc. announced the release and commercial availability of the "Overhead Asset Modeler" tool set for Origin GIS software, adding embedded engineering technology, true structure and conductor engineering calculations, and advanced modeling capabilities to the Origin GIS package.
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