Consolidated

Ramping up for the April 1 kickoff of Michigan’s voluntary choice program in its service area, Michigan Consolidated Gas Co. (MichCon), a subsidiary of DTE Energy, is warning its customers that it is common for natural gas marketers to call and request account and other personal information.

Conoco Canada last week consolidated all of its natural gas marketing services within its gas and power division to expand the scope of customer services and to access new markets in Canada and the United States. The consolidation within its gas and power marketing division, effective Friday, also is expected to expand its pipeline transport options. Conoco Gas & Power Marketing currently markets more than 7 Bcf/d in North America, and controls more than 500 MW.

Conoco Canada this week consolidated all of its natural gas marketing services within its gas and power division to expand the scope of customer services and to access new markets in Canada and the United States. The consolidation within its gas and power marketing division, effective Friday, also is expected to expand its pipeline transport options. Conoco Gas & Power Marketing currently markets more than 7 Bcf/d in North America, and controls more than 500 MW.

Maritimes & Northeast Pipeline LLC signed an agreement with Newington Energy, an affiliate of Consolidated Edison, to provide natural gas transportation service to a 525 MW power plant currently under construction in Newington, NH. Newington Energy broke ground on the natural gas-fired facility in September. Maritimes plans to construct and operate gas transmission facilities, including interconnecting piping and metering, from the existing lateral pipeline on Newington Energy’s property to the plant. When the plant is completed in 2002, it will generate enough power to supply electricity to more than 700,000 homes in New England.

Maritimes & Northeast Pipeline LLC signed an agreement with Newington Energy, an affiliate of Consolidated Edison, to provide natural gas transportation service to a 525 MW power plant currently under construction in Newington, NH. Newington Energy broke ground on the natural gas-fired facility in September. Maritimes plans to construct and operate gas transmission facilities, including interconnecting piping and metering, from the existing lateral pipeline on Newington Energy’s property to the plant. When the plant is completed in 2002, it will generate enough power to supply electricity to more than 700,000 homes in New England.

Consolidated Edison Inc. last week disclosed that it has approved plans for its Con Edison Development (CED) subsidiary to add capacity totaling more than 600 MW at power generating facilities in New Jersey and Massachusetts. The plant expansions will take place at facilities owned by CED in Lakewood, NJ, and West Springfield, MA.

Consolidated Edison Inc. yesterday disclosed that it has approved plans for its Con Edison Development (CED) subsidiary to add capacity totaling more than 600 MW at power generating facilities in New Jersey and Massachusetts. The plant expansions will take place at facilities owned by CED in Lakewood, NJ, and West Springfield, MA.

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.

Northeast Utilities and Consolidated Edison ran from the altarto the courtroom last week. Their $3.8 billion marriage (excludingassumption of $3.9 billion in NU debt) has been called off and thecompanies now are waging a legal battle over which one of themviolated the agreement.