As if there weren’t enough sites to click on already, energybuyers will be getting yet another deal-making space on theInternet. Dynegy and Williams agreed to invest $25 million each fora minority equity stake in eSpeed Inc., an interactive electronicmarketplace engine for business-to-business (B2B) e-commerce.
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Enron Putting Prices On Line With New Internet Site
Customers of Enron soon will be able to point and click a mouseto buy gas, electricity and eventually every product the companytrades with the launch of EnronOnline, a global Internet-basedtransaction system for wholesale energy and othercommodities.EnronOnline will allow participants to not only viewcommodity prices in real-time but also to directly transact withEnron over the Internet free of commission. The transaction systemwill go live Nov. 29 with the launch of North America natural gasto be followed by all other products over the next six weeks.
October 27, 1999
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