Events over the past year at the Federal Energy RegulatoryCommission have cast a dark cloud over the fate of the $650 millionMillennium Pipeline project, but that cloud got a lot darker lastweek. NiSource’s announcement that it is buying Columbia EnergyGroup, Millennium’s lead sponsor, for $6 billion with $2.5 billionin debt assumption, may have all but killed the pipeline project.
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NiSource-Columbia Deal May Jeopardize Millennium
Events over the past year at the Federal Energy RegulatoryCommission have cast a dark cloud over the fate of the $650 millionMillennium Pipeline project, but that cloud got a lot darker lastweek. NiSource’s announcement that it is buying Columbia EnergyGroup, Millennium’s lead sponsor, for $6 billion with $2.5 billionin debt assumption, may have all but killed the pipeline project.
March 6, 2000
Horvath Tapped to Guide NGSA Out of Dark
A former pipeline lobbyist has been tapped to steer the NaturalGas Supply Association (NGSA) back on course following the scandalin which its former president, Nicholas J. Bush, allegedly swindledit out of about $2.8 million.
June 9, 1999