UtiliCorp United announced yesterday that its wholly-ownedsubsidiary Aquila Energy has changed its name to Aquila, Inc. toreflect Aquila’s increasing participation in markets outside theenergy industry. In addition to trading natural gas and powerthroughout North America and Europe, the company entered thebroadband capacity market last year. It also offers a broad rangeof risk management products and services to its clients, includinga family of weather risk products. Aquila is a Latin word meaningeagle. It also is the name of a constellation containing the starAltair. In some cases this constellation is known as the flyingeagle.
DTE Energy Services has formed a strategic alliance withWashington Group International for engineering and constructionservices. Under the alliance, Washington Group will be the firm ofchoice for engineering and construction support for DTE EnergyServices projects in the merchant power sector and in theindustrial energy sector. One of the first projects on whichWashington Group will participate is a proposed 320 MW merchantpower facility in the Midwest, using four General Electric 7-EAcombustion turbines. Washington Group has worked on several otherprojects for DTE Energy Services, an affiliate of Detroit Edison,including a recently completed pulverized coal injection facilityfor Bethlehem Steel in its Sparrows Point, Maryland facility. Thealliance will be managed by Washington Group’s Princeton, NJoffice.
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