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INDUSTRY NOTES

Ultrasystems Expanding Joint Venture Operations

October 29, 1987

Irvine-based Ultrasystems Inc. and Constellation Holdings Inc., a subsidiary of Baltimore Gas & Electric Co., have begun a joint venture--UC Operating Services--to operate small power plants and energy co-generation facilities,

Ultrasystems, an engineering and construction company, already shares ownership with Constellation of five small power plants.

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