Doubled

Trans-Union Can’t Build Single-Use Line, FERC Says

FERC handed the proposed Trans-Union Interstate Pipelinesomething of a doubled-edged sword last week. While it issued acertificate for the 42-mile, 430,000 Dth/d pipeline project, itdenied its request to operate it as a single-use line.

July 31, 2000

‘Breakthrough’ in Competitive Retail Markets

The number of U.S. consumers and small businesses “choosing tohave a choice” in their electric and gas service has doubled sinceJan. 1 to 3 million and is expected to reach 4 million by the endof the century, according to a report by Cambridge Energy ResearchAssociates (CERA).

September 2, 1999

SCANA, PSNC Joining Carolina Forces

Columbia, SC-based SCANA Corp. nearly doubled its regulated gascustomer base in the fast-growing Carolinas last week with thepurchase of Public Service Company of North Carolina (PSNC) for$900 million, including the assumption of about $250 million inPSNC debt. The combination will serve 517,000 electric, 760,000 gascustomers in the Carolinas and Georgia and 350,000telecommunications customers throughout the Southeast. Total annualrevenues for the combined company will be about $2 billion andmarket capitalization will be about $6 billion.

February 22, 1999

SCANA, PSNC Form Southeast Powerhouse

Columbia, SC-based SCANA Corp. nearly doubled its regulated gascustomer base in the fast-growing Carolinas yesterday with thepurchase of Public Service Company of North Carolina (PSNC) for$900 million, including the assumption of about $250 million inPSNC debt. The combination will serve 517,000 electric, 760,000 gascustomers in the Carolinas and Georgia and 350,000telecommunications customers throughout the Southeast. Total annualrevenues for the combined company will be about $2 billion andmarket capitalization will be about $6 billion.

February 18, 1999
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