FERC last week gave the green light to AES Corporation’sacquisition of IPALCO Enterprises, which owns Indianapolis Power& Light Co. The stock-for-stock transaction, which wasannounced last July, now only needs the approval of the Securitiesand Exchange Commission to be completed. AES is a global powercompany involved in generation, distribution and retail supplybusinesses. It sells electricity to more than 19 million end-usecustomers each year. Indianapolois, IN-based IPALCO Enterprises’sregulated subsidiary, Indianapolis Power & Light, serves about430,000 residential, commercial and industrial customers in centralIndiana.

T’is the season to deal MW contracts, according to UtiliCorpUnited and Dynegy Marketing and Trade (DMT). One week afterUtiliCorp reported that it was in search of 1,250 MW to supply its425,000 customers in Missouri, Kansas and Colorado, Dynegyannounced that it is requesting proposals from interested partiesto purchase up to 1,000 MW of power from DMT resources in the NewYork Power Pool (NYPP) and Pennsylvania, New Jersey and Maryland(PJM) power regions (see Daily GPI, March 9). The company said itcoould begin service as early as summer 2001. Interested partiescan contact Dynegy’s Michael Chiasson at 713-767-8182.

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