April 14, 1999 |
Sempra Energy, the San Diego-based parent of Southern California Gas Co. and San Diego Gas & Electric, said Tuesday that it will join with a New Jersey utility to buy Chile's third-largest electricity company. Sempra and Public Service Enterprise Group of Ridgewood, N.J., said their international subsidiaries will jointly buy 90% of Chilquinta Energia for $830 million--$510 million in equity and $320 million in debt.
December 21, 2004 |
Exelon Corp. is acquiring Public Service Enterprise Group Inc. in a $12-billion stock deal that would create the nation's largest power generation company with customers in Illinois, New Jersey and Pennsylvania. "We will be the company that keeps over 18 million people warm in the winter, and cool in the summer," John W. Rowe, chairman and chief executive of Exelon, said Monday in announcing the deal that will create Exelon Electric & Gas.
September 26, 2000 |
Duke/Fluor Daniel, a joint venture of Fluor Corp. in Aliso Viejo and Duke Energy Corp. in Charlotte, N.C., said Monday it has received a contract for engineering and procurement services at a Ridgefield, N.J., power plant. Financial terms of the deal with PSEG Power LLC, a unit of Public Service Enterprise Group, were not disclosed. Duke/Fluor said in a news release that PSEG's new plant is a 500-megawatt, natural gas-fired facility at its Bergen generating station in Ridgefield.
April 13, 2001 |
Duke/Fluor Daniel, one of the largest power-plant builders, has won contracts to design and build five power plants in Ohio, Georgia, Arkansas and Arizona. Terms weren't disclosed Thursday. The construction company, a joint venture between Fluor Corp. in Aliso Viejo and Duke Energy Corp. in Charlotte, N.C., got a contract from PSEG Power LLC to design and build a gas-fueled power plant in Waterford Township, Ohio, that will be able to produce 865 megawatts, Duke Energy said.
March 30, 2000 |
Fifteen major U.S. utilities--including California utilities Edison International, Sempra Energy and PG&E Corp.--said Wednesday that they are plugging into the hot online trend of forming an Internet-based business-to-business marketplace. The utilities said they are teaming to form a procurement exchange that is expected to cut purchasing costs while providing the owners with a profit.
March 13, 2010 |
The government of Yemen and the Arab world's two top news channels are embroiled in a fight over broadcast equipment, underscoring concerns about censorship in the troubled Arabian Peninsula nation. Al Jazeera and Al Arabiya said Friday that security officials stormed their offices in the capital, Sana, on Thursday and seized expensive equipment because of their stations' coverage of growing unrest in Yemen's south, according to reports on their websites. Al Arabiya also said its bureau chief was briefly detained.