Business 2007 P1 : 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 2007 P1

Cellnet+Hunt shipped more than 2.4 million metering endpoints in 2007
Fixed-network provider also added nine new customers to the more than 500 utilities currently using its solutions.

Interstate Power and Light closes transmission assets sale with ITC Midwest
Company transfers 6,800 miles of transmission lines and related assets to independent transmission company.

FERC authorizes merger of Energy East and Iberdrola
The Federal Energy Regulatory Commission authorized the merger of Energy East Corp. and the Spanish utility holding company Iberdrola S. A.

J-Power Systems to form high voltage power cable joint venture plant in India
J-Power Systems Corp. announced that it has entered into an agreement with Finolex Cables Ltd. to form a joint venture plant in India to manufacture high voltage power cables.

Bayard takes minority stake in WACS
WACS announced that Bayard Group has taken a minority stake in the MDM provider.

FERC reaffirms anti-manipulation jurisdiction
FERC denied a request for rehearing, filed by Amaranth regarding FERC's determination that it has jurisdiction to sanction manipulative trading of natural gas futures contracts.

Microfield Group announces agreement with CEI Acquisition to sell Christenson Electric
Microfield Group announced they have entered into a definitive acquisition agreement with CEI Acquisition LLC, in which CEI Acquisition has agreed to purchase all the outstanding capital stock in Christenson Electric.

ESCO announces closing of Doble acquisition
ESCO Technologies Inc. announced that it has completed its $319 million acquisition of Doble Engineering Co.

FERC approves ITC acquisition of IPL lines and facilities
ITC intends to purchase 6,800 miles of transmission lines and stations in Iowa, Illinois, Missouri and Minnesota.

Hammond Power Solutions announces acquisition of transformer business
Hammond Power Solutions announced that it has signed a definitive agreement with the Delta Group to acquire all of the assets used by and in connection with the company's transformer business.

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