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Its bid to capture up to 4.9% of four energy merchants is over, said Main Street AC Inc., which on Thursday closed its tender offer for Aquila Inc., Dynegy Inc., Mirant Corp. and Reliant Resources Inc. after reaching its funding limit of $170 million total to pay for the tendered shares.

Piedmont Natural Gas reported Tuesday that it has closed on its purchase of North Carolina Gas Service (NCGS), the North Carolina natural gas distribution division of NUI Corp., for approximately $26 million. First announced in mid-May, the sale agreement has received all necessary regulatory approvals (see Daily GPI, May 16).

CMS Energy Corp. announced last Monday it has closed a sale of the stock of CMS Oil and Gas Co. and its affiliate, CMS Oil and Gas (International), for $167 million to Perenco, a privately-held European exploration and production company, putting CMS close to its goal of raising $2.9 billion through asset sales.

CMS Energy Corp. announced Monday it has closed a sale of the stock of CMS Oil and Gas Co. and its affiliate, CMS Oil and Gas (International), for $167 million to Perenco, a privately-held European exploration and production company, putting CMS close to its goal of raising $2.9 billion through asset sales.

Dynegy Inc. and MidAmerican Energy Holdings Co. announced late Friday they closed on the sale of Northern Natural Gas Co. to the Berkshire Hathaway company, extending a badly needed financial lifeline to Dynegy and rescuing it from the brink of bankruptcy. The two companies completed the deal following early clearance under the Hart-Scott-Rodino Act by the Federal Trade Commission, which was about two weeks sooner than expected.

Houston-based Rocky Mountain Energy Corp. said Friday it has closed on the acquisition of the 8,000-acre Ten Mile and Desert Spring Fields located in Sweetwater County, WY. The company said there are five current wells producing 1,000 Mcf/d of natural gas and 67 bbl/d of oil.

Atlanta-based Southern Co. said Friday it closed on a deal to buy the Georgia customers, operations and gas inventory of Enron-affiliated NewPower Holdings Inc. for an estimated $60 million (see Daily GPI, June 13).

Atlanta-based Southern Co. said Friday it closed on a deal to buy the Georgia customers, operations and gas inventory of Enron-affiliated NewPower Holdings Inc. for an estimated $60 million (see Daily GPI, June 13).

Questar Corp. began service last Tuesday on the East Zone of its Southern Trails Pipeline after getting the go-ahead from FERC. But first it received a dressing down from Chairman Pat Wood personally for its failure to promptly comply with certificate conditions.