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Aquila Warns of Losses into 2004, Posts $978M Loss in 4Q02

As it continues its efforts to exit the wholesale marketing arena, sell assets and restructure, Aquila Inc.’s CEO last week warned that the losses will continue through this year and into 2004 as the rebuilding utility repairs its damaged balance sheet.

April 21, 2003

Aquila Warns of Losses into 2004, Post $978M Loss in 4Q02

As it continues its efforts to exit the wholesale marketing arena, sell assets and restructure, Aquila Inc.’s CEO on Tuesday warned that the losses will continue through this year and into 2004 as the rebuilding utility repairs its damaged balance sheet.

April 16, 2003