Anthony Earley, the chairman of DTE Energy, a big American electricity concern that owns the Detroit Edison utility, gushes that ET will be the main driver of future growth for his firm.
Shares of the Williams Companies, the natural gas and electricity concern, fell 23percentt amid investor nervousness about accusations made by a former employee that the company tried to manipulate natural gas prices in California two years ago.
Enron Shares Plunge On More Bad News Natural gas and electricity concern Enron saw its stock fall to it lowest level since 1994, after news that the company is in talks to use additional lines of credit to help it through recent financial troubles.
But that masks the efforts of the large, ambitious electricity concerns that are rapidly swallowing local companies to fashion regional giants.
It's strange that German and French nationalised utilities running their railways, gas and electricity can borrow capital commercially, enabling them to invest in acquiring British rail contracts, as well as acquiring our former nationalised gas and electricity concerns.
[A1.] Utility Deal Highlights Consolidation The $3 billion acquisition of Niagara Mohawk in upstate New York by the National Grid Group of Britain highlights the efforts of large, ambitious electricity concerns to swallow local companies and fashion regional giants.
Mr. Boucher said the authors of the energy policy were searching for provisions they could point to as ways to fight blackouts while advancing a controversial energy plan that went far beyond electricity concerns.
The paperback-size name tags, hanging from lanyards around the necks of a thousand executives in anonymous suits, identified their bearers as people like Philip Watts, chairman of Royal Dutch/Shell Chekib Khelill, former president of the Organization of the Petroleum Exporting Countries; and E. Linn Draper Jr., chairman of American Electric Power, among the country's largest electricity concerns.
Rescue efforts are underway, with teams from around the world being sent in to help, but there are now shortages of food, water, electricity, and concern over the spread of disease.
Rescue efforts are underway, with teams from around the world being sent in to help, but there are now shortages of food, water and electricity, and concern over the spread of disease.
"It certainly is important to bring competition to Long Island as far as electricity is concerned," she said.
