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"We've had triple wins so far," said Randy Overbey, president of Alcoa's power generating business.
A decision to buy the KeySpan plants, which include major generating stations in Northport, Island Park, Glenwood Landing and Port Jefferson in addition to Far Rockaway, would put the authority into the power generating business on Long Island for the first time.
The company, which their father Angelo founded in 1962, also has a large power generating business through a liquified fuel gasification plant, an important wind farm in Sardinia, and a retail gas stations mainly in Spain, with 112 stations.
Saras, which went public in 2006 and in which each Moratti brother has a 25% stake, is also in the power generating business through its massive liquified fuel gasification plant.
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The 18-month investigation will look at whether the big have been profiteering and whether they should be broken up by separating their power generating businesses from the units that sell energy to households.
"It's rather strange, don't you think, that the military gets involved in the electric-power generating business?" asked one senior American official.
GPU, the parent company of Jersey Central Power and Light, is getting out of the power-generating business.
The Constellation Energy Group said yesterday that it planned to split itself into a wholesale power-generating business and a retail-services company that would include its Baltimore Gas and Electric Company utility.
It was particularly angered at Labour saying it would freeze power prices and force companies to split their power generating and supply businesses, if elected in 2015.
Mr. Bush was so confident in their power to generate business growth and revenue that he predicted they would enable the government to pay down $1 trillion in debt in just four years.
But it may be a long time before there is another opportunity to make big, fast profits in the power-generating business as Goldman did with Orion.
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