Business 2005 P3 : Electric Light & Power/Utility Automation & Engineering T&D News Covering AMR, T&D Automation, Electric Transformers Design, Power Distribution Transformers, SCADA Systems & more

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Business 2005 P3

Resin System's Calgary plant begins production and customer shipments
First container of poles shipped to EU energy producer and is the first shipment of a $26 million order.

Kinder Morgan completes acquisition of Terasen
Transaction approved by Terasen shareholders, the British Columbia Utilities Commission, Investment Canada and others.

GE Energy Financial Services forms partnership with Abengoa in Chile
GE will acquire 80 percent equity interest in the partnership for $24.4 million. Abengoa will hold the remaining 20 percent.

New Jersey approves statewide electricity auction
New Jersey Board of Public Utilities approves statewide auction of electric supply for four utilities.

Progress Energy to break ground on new headquarters
Building will be first new office complex in downtown St. Petersburg in 15 years.

Distributed Power Inc. plans to acquire Chinese hydro-power plants
Distributed Power Inc. announced that it plans to move forward on a letter of intent to acquire up to 240 megawatts of operating hydroelectric power plants in the People's Republic of China.

United Coal Co. buys assets of White Mountain and others
UCC announces its purchase of the assets of White Mountain Mining Co. of West Virginia and certain affiliates.

Black Hills Corp. proposes merger with Northwestern Corp.
Black Hills Corp. Inc. announced that it has proposed a merger with NorthWestern Corp. in a stock-for-stock merger of the two companies.

Beacon Power & NxtPhase pull plug on merger
Beacon Power and NxtPhase terminate deal for Beacon to acquire all NxtPhase stock.

Online buyer of power passes milestone
World Energy reaches milestones of 16 billion kWh purchased using its internet based reverse energy auction.

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