Coke

ProLiance Energy LLC, a natural gas market co-owned by Vectren Corp. and Citizens Gas and Coke Utility, has agreed to pay $21.6 million to settle a 2002 civil lawsuit arising from a contract dispute with Huntsville Utilities of Alabama.

ProLiance Energy LLC, a natural gas market co-owned by Vectren Corp. and Citizens Gas and Coke Utility, has agreed to pay $21.6 million to settle a 2002 civil lawsuit arising from a contract dispute with Huntsville Utilities of Alabama.

Vectren Corp. said last week that ProLiance Energy LLC, a gas marketing firm based in Indianapolis and co-owned by Vectren and Citizens Gas and Coke Utility, plans to appeal the verdict awarded last month to the gas utility department of the City of Huntsville, AL.

Vectren Corp. said this week that ProLiance Energy LLC, a gas marketing firm based in Indianapolis and co-owned by Vectren and Citizens Gas and Coke Utility, plans to appeal the verdict awarded last month to the gas utility department of the City of Huntsville, AL.

A federal jury has ordered ProLiance Energy LLC, an Indianapolis-based gas marketing affiliate of Vectren and Citizens Gas and Coke, to pay Alabama-based Huntsville Utilities $33.5 million in damages for breach of a gas contract, fraud, conspiracy and other charges. The jury found that ProLiance violated a natural gas supply agreement with Huntsville by charging higher prices than were promised and then attempting to cover it up.

A federal jury has ordered ProLiance Energy LLC, an Indianapolis-based gas marketing affiliate of Vectren and Citizens Gas and Coke, to pay Alabama-based Huntsville Utilities $33.5 million in damages for breach of a gas contract, fraud, conspiracy and other charges. The jury found that ProLiance violated a natural gas supply agreement with Huntsville by charging higher prices than were promised and then attempting to cover it up.

The bounty of Canadian gas expected to make its way to Chicagovia Northern Border and Alliance Pipeline has Peoples Gas Light& Coke thinking its system could host the delivery point foryet another gas futures contract.

Indiana Gas Co. and Citizens Gas, Light & Coke said theyplan to appeal to the Indiana Supreme Court an appellate courtdecision issued last week ordering the break-up of their jointventure energy marketing company, ProLiance Energy, which sellsmore than 200 Bcf of gas and 3 million MWh of power per year.