Southwest Power LLC, an entity owned partly by Enron bought LasVegas Cogeneration LP and SUNCO Ltd. from The United Co. Las VegasCogeneration owns a 50 MW combined cycle power plant in North LasVegas. Designated as a qualifying facility under the PublicUtilities Regulatory Policy Act of 1978, the plant delivers powerunder contract to Nevada Power while SUNCO serves as the plant’sthermal host.
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Aquila Energy Forms Gas Asset Acquisition Arm
In an effort to diversify its energy services, Aquila Energy,Utilicorp’s energy services subsidiary, recently formed a gas assetacquisition arm called Natural Gas Partners. The new entity willpurchase storage facilities, pipelines and other properties as wellas enter alliances, management deals and partnerships. The unit,which has not yet reached its full work force, is based in KansasCity, MO.
June 16, 1999
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