Sentence examples for generation and trading from inspiring English sources
Duke Energy, the power generation and trading company, said yesterday that it planned to buy the Canadian natural gas pipeline and distribution company Westcoast Energy for $3.5 billion.
Mr. Green and others predicted that the downturn in the energy industry and the stock markets could lead to a significant shakeout, leaving a smaller number of serious contenders in the power generation and trading business.
"This may not be intellectually defensible, but it's politically predictable," said Joe Bob Perkins, executive vice president for wholesale businesses at Reliant Energy, a power generation and trading company in Houston.
The Entergy Corporation, whose $15.8 billion acquisition by the FPL Group Inc. collapsed on Monday, said yesterday that its first-quarter earnings beat expectations because of higher profit from electricity generation and trading.
Correction: May 2 , 2001 Wednesday A headline on Monday with the continuation of a front-page article about the growth of unregulated power generation and trading businesses like those owned by the PG&E Corporation misstated the company's financial condition.
[C9.] Duke to Buy Canadian Company Duke Energy, a power generation and trading company, said that it planned to buy Westcoast Energy of Canada, a natural gas pipeline and distribution company, for $3.5 billion in cash and stock.
Allegheny Energy Inc., an East Coast utility with three million customers, agreed to buy Merrill Lynch & Company's energy-trading unit for $490 million and plans to create a separately traded power-generation and trading company.
It will be in the direction of freer markets, greater technological diversity, more decentralized generation and active trading (or price discovery, as the professionals call it).
Tariff has also been expected to become lower because of the competition in power generation and retail trading.
Angry shareholders urged Reliant Energy Chairman and Chief Executive Steve Letbetter to resign, saying the power generation and energy trading company had deteriorated rapidly under his leadership.
Minutes after starting their meeting, Mr. Sculley and his younger brother were drinking beer with the Generation X entrepreneurs and trading tales about growing up on Long Island.
