The field of candidates for building a $550 million West Coast North American liquefied natural gas (LNG) receiving terminal got a bit more crowded this past week as an Australian mining/energy company threw its hat in the ring with the first offshore California proposal. Initial permits are expected by the end of next year, and the proponents hope to have the facility operating in 2008.
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Western LNG Proposals Crowd Pacific Coast
The field of candidates for building a $550 million West Coast North American liquefied natural gas receiving terminal got a bit more crowded this past week as an Australian mining/energy company threw its hat in the ring with the first offshore California proposal. Initial permits are expected by the end of next year, and the proponents hope to have the facility operating in 2008.
August 18, 2003
NU Files Suit, Seeks to Recover Merger Premium
The legal battle between former merger candidates NortheastUtilities and Consolidated Edison heated up a notch yesterday witha breach-of-contract lawsuit filed by NU against ConEd that seeksdamages of more than $1 billion, including the proposed premium inCon Edison’s $26.70/share purchase offer. NU’s share price hastumbled from the mid-$20 to a 52-week low last week of $18.21.
March 13, 2001
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