CMS Buys Enerval’s PA Retail Operations

CMS Energy Corp. added to its retail energy marketing businessMonday by purchasing the western Pennsylvania natural gas marketingassets of Enerval, L.L.C., an energy marketing firm with more than250 commercial and industrial customers in that region. Enerval isan indirect subsidiary of Conectiv, the holding company formed inMarch 1998 through the merger of Atlantic City Electric andDelmarva Power and Light. Terms of the purchase were not disclosed.

December 15, 1998

New Marketing Triumvirate Targets GA, Southeast

Dynegy added a fourth regional marketing alliance and gainedentry into Georgia’s deregulated gas market by partnering with AGLResources and Piedmont Natural Gas. The three equal partners – whatDynegy CEO Chuck Watson calls a “dream team” – formed SouthStarEnergy Services LLC to offer unregulated energy products andservices to industrial, commercial and residential customers in theSoutheast. Offerings will include gas, electricity, fuel oil andpropane, along with related retail services. The Atlanta-basedcompany will have offices in Charlotte, NC, and Nashville, TN.

July 16, 1998

California Utilities Open Bills for Ads

Retail energy service providers and marketers now have an addedpotential way to reach into California’s mass market residentialand small business customers by buying part of the utility billingenvelope space. Under new state regulatory rules, investor-ownedenergy utilities (IOUs) are opening access to their ubiquitousbills that are mailed regularly to millions of customers.

June 12, 1998

New Western-KCPL Deal Would Spawn Electric Co.

A new step was added Thursday to the elaborate tango of WesternResources and Kansas City Power & Light as the companiescontinue their attempt at a union. Western and Kansas City Power& Light (KCPL) restructured their merger agreement, forming anew electric company. The new company-to be named WestarEnergy-will be headquartered in Kansas City, MO, and traded on theNew York Stock Exchange. The announcement met with early approvalfrom at least one analyst.

March 20, 1998
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