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Business 2005 P27
Georgia Public Service Commission approves limited stay in Atlanta Gas Light Company rate case
The Georgia Public Service Commission (GPSC) voted 5-0 to stay the portion of its April 29, 2005 order ("Order") in Atlanta Gas Light Company's 2004-2005 rate case that applies to the September 2003 sale of the real property associated with the former headquarters of Atlanta Gas Light, a subsidiary of AGL Resources Inc.
CVPS CEO Young voices concern, optimism
Noting myriad success over the company's recent and 75-year history, CVPS President Bob Young expressed optimism for the future, despite a rate reduction and refund ordered by state regulators.
Commission authorizes initial public offering for transmission services company
The Federal Energy Regulatory Commission authorized an initial public offering (IPO) of stock by ITC Holdings Corp., the parent of International Transmission Co., a transmission operating company within the Midwest Independent Transmission System Operator. To assure independence of the transmission company, today's order limits public stock ownership by any single market participant to less than 5 percent.
Electric City announces closing of Maximum Performance Group acquisition and $5.6 million corporate funding transaction
Electric City Corp. announced that it recently closed on a series of transactions in which it raised gross proceeds of $5.625 million through the sale of common stock and warrants, and used $1.64 million of the proceeds to facilitate the closing of its previously announced acquisition of Maximum Performance Group ("MPG").
SUEZ Energy Resources NA introduces solution to lower electricity costs and speed up pricing for Texas small businesses
Lower electricity costs and faster pricing are now an option for Texas' 73,000 small businesses that consume more than $4 billion annually in electricity, thanks to an IT-based solution introduced by SUEZ Energy Resources NA, Inc. (formerly Tractebel Energy Services, Inc.).
Kansas Corporation Commission approves rate increase settlement for Aquila natural gas operations
Aquila, Inc. has received approval from the Kansas Corporation Commission for a 2.4 percent rate increase settlement to recover the costs of investments made in the company's natural gas transmission and distribution operations that serve 104,000 Kansas customers.
InfoNetrix and UtiliPoint announce Second Annual Utility Customer Care market briefing
InfoNetrix LLC and UtiliPoint® International have announced plans for their second annual executive market briefing on Utility Customer Care Solutions (UCCS). The briefing, to be held on Monday, May 16th, 2005 at the Phoenix Hyatt Regency targets suppliers, integrators and consultants involved in Customer Information Systems (CIS); Customer Relationship Management (CRM); Call Centers; and Electronic Bill Payment & Presentment (EBPP).
Ownership of Avista's South Lake Tahoe, Calif., properties transferred to Southwest Gas
Effective today at 12:01 a.m., the ownership of Avista Corp's South Lake Tahoe, Calif., natural gas properties transferred to Southwest Gas. Southwest Gas will begin immediately providing service to Avista's 18,600 South Lake Tahoe area customers.
Entergy Charitable Foundation awards more than $1,100,000 to benefit non- profit organizations
The Entergy Charitable Foundation recently awarded 61 grants totaling $1,100,900 to benefit non-profit organizations that emphasize education, literacy and low-income issues in Arkansas, Louisiana, Mississippi, Texas, Massachusetts, New York and Vermont.
ADA-ES appoints Dr. Nina Bergan French to direct new business area
ADA-ES, Inc. announced that Dr. Nina Bergan French has joined ADA-ES to direct the development of the Company's new enhanced coal products. Dr. French provides a combination of technical combustion expertise and business development experience required to lead this new business area.
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