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Business 2004 P36



KWI demonstrates strong worldwide growth in 2003
KWI announced that it delivered strong sales growth across the globe in 2003 and saw significant market interest in K2, its recently introduced suite of componentised, integrated applications for multi-commodity trading and risk management.

Excelergy closes 2003 with significant bookings growth
Excelergy® Corp. reported that it achieved strong company performance in 2003 with several major client wins, considerable global sales growth and other key achievements.

AstroPower announces asset sale to GE Energy
AstroPower Inc. announced that it has reached an agreement to sell certain of its U.S. business assets to GE Energy.

Dynegy announces agreement to sell Illinois Power to Ameren
Dynegy Inc. has entered into an agreement with Ameren Corp. through which Ameren will acquire all of the outstanding common and preferred stock of Illinois Power owned by Illinova Corp.

Hunt Technologies and Badger announce strategic alliance
Hunt Technologies Inc. and Badger Meter Inc. recently signed an agreement creating a development partnership that takes advantage of Hunt Technologies' power line carrier based communication system and Badger's ORION meter reading solution.

InfraSource announces acquisition of Maslonka & Associates
InfraSource Inc. announced that it has completed the acquisition of Maslonka & Associates, Inc. of Mesa, Ariz.

Texas special purpose districts' financial performance did not deteriorate despite recession, report notes
The financial performance of special purpose districts rated by Moody's in Texas did not deteriorate following September 11, 2001 and the succeeding national recession, a report said.

Composite Technology's ACCC cable to be featured in power line system's CADD design tools
Composite Technology Corp. has announced collaboration with Power Line Systems (PLS) to enable the use of its ACCC cables in the PLS family of power line design tools.

Lightyear Capital joins forces with energy industry veterans to acquire California-based electric generating facilities
Lightyear Capital, LLC, announced the formation of Lightyear Rockland Partners LLC in order to acquire Ripon Cogeneration, Inc., from Tractebel Power, Inc, a subsidiary of Suez SA.

Foster Wheeler appoints treasurer and acting CFO
Foster Wheeler Ltd. announced the appointment of Thierry Desmaris as vice president and treasurer. The company has also appointed Brian K. Ferraioli to serve as acting chief financial officer.

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