Peoples Energy Services has purchased the Midwest portfolio ofKN Energy subsidiary mc2 for an undisclosed sum. The transactionincludes 8,000 gas contracts, inventories and related receivables,increasing PE Services’ customer base to more than 20,000 Chicagoarea businesses, the largest of any supplier in the Chicago market,the company said.
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PG&E Energy Services Inks Retail Deal
PG&E Energy Service continued to amass a large collection ofretail supply and services contracts yesterday, adding Lucky Storesand American Drug Stores to a list that includes Safewaysupermarkets, Rite-Aid drug stores, McDonald’s restaurants,Blockbuster stores, ARCO gas stations Neiman-Marcus departmentstores and IBM.
Avista Signs With Retailers
Energy services company Avista Advantage signed contracts with36 Musicland and 59 Busy Body Home Fitness sites throughout theUnited States. The company now serves 3,500 customers in 48 states.Both Musicland and Busy Body Home Fitness are members of RETEX, aretail technology buying consortium. Avista Advantage is RETEX’spreferred provider of energy services. RETEX represents about 1,600member retail companies.
Wisconsin PSC Approves V.Voyaguer Contracts
The Public Service Commission of Wisconsin Tuesday approved gassupply agreements between a coalition of state utilities and fourCanadian suppliers for up to 105 Bcf/year for five years to bedelivered through the proposed Viking Voyageur pipeline.