Indianapolis-based Indiana Energy continued to expand itsregional service territory last week through a $425 millionpurchase of the retail gas distribution business of DPL Inc. ofDayton, OH. The deal, which will grow its distribution customerbase by more than 300,000 customers and will add 5,000 miles ofdistribution pipe, comes only a few months after the $1.9 billionmerger of Indiana Energy with Sigcorp, the Evansville, ID-basedholding company of Southern Indiana Gas and Electric (Sigeco),which provides gas and electricity to 150,000 customers insouthwest Indiana.
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BP Amoco Outsourcing In $1.1B U.S. Deal
In what is possibly the largest business process outsourcing(BPO) contract to date, PricewaterhouseCoopers and BP Amoco agreedto expand their existing BPO relationship to the United States. Thedeal is valued at $1.1 billion.
November 15, 1999
PP&L Wins MD Township Supply Contract
Seeking to expand its presence in the Pennsylvania-NewJersey-Maryland market, PP&L’s marketing subsidiary, PP&LInc. agreed to a one-year gas services contract with the townshipof Easton, MD, earlier this week.
November 12, 1999
BP Amoco Outsourcing in $1.1B U.S. Deal
In what is possibly the largest business process outsourcing(BPO) contract to date, PricewaterhouseCoopers and BP Amoco agreedto expand their existing BPO relationship to the United States. Thedeal is valued at $1.1 billion.
November 11, 1999
Berkshire Gas Turns to LNG
Needing to expand capacity and increase deliverability to itscustomers in Franklin County, MA, Berkshire Gas Co. hassuccessfully petitioned the state’s Energy Facilities Siting Boardfor the rights to build an LNG storage facility in Whatley, MA. Theboard ruled in favor of the $5 million facility last week.Berkshire will begin construction immediately and hopes to have thefacility running by late December.
September 14, 1999
PA LDCs File Restructuring Plans
Three Pennsylvania LDCs filed restructuring plans with thePennsylvania Public Utilities Commission (PUC) last week to expandsupplier choice within the state. Filing plans were Columbia Gas ofPennsylvania, Peoples Natural Gas and PG Energy, a subsidiary ofPennsylvania Enterprises Inc. As part of the Natural Gas Choice andCompetition Act passed by the Pennsylvania General Assembly June17, each gas utility is required to submit a restructuring plan tothe PUC by Nov. 1.
August 9, 1999
PA LDCs File Restructuring Plans
Three Pennsylvania LDCs filed restructuring plans with thePennsylvania Public Utilities Commission (PUC) last week to expandsupplier choice within the state. Filing plans were Columbia Gas ofPennsylvania, Peoples Natural Gas and PG Energy, a subsidiary ofPennsylvania Enterprises Inc. As part of the Natural Gas Choice andCompetition Act passed by the Pennsylvania General Assembly June17, each gas utility is required to submit a restructuring plan tothe PUC by Nov. 1.
August 9, 1999
Columbia Gas Files Restructuring Plan in PA
Columbia Gas of Pennsylvania filed its restructuring plan withthe Pennsylvania Public Utilities Commission Monday in an effort toexpand its supplier choice program statewide. As part of theNatural Gas Choice and Competition Act passed by the PennsylvaniaGeneral Assembly June 17, each gas utility is required to submit arestructuring plan to the PUC by Nov. 1.
August 3, 1999
Midcoast Gobbles Up a Gulf Coast Distributor
In an attempt to expand its Gulf Coast influence, MidcoastEnergy Resources Inc. purchased Southern Industrial Gas Corp.(SIGCO), a Gulf Coast distributor, Tuesday. Terms of thetransaction were not disclosed.
June 30, 1999
Pennaco to Expand Powder River Presence
Pennaco Energy increased its capital expenditure budgetWednesday from $18.4 million to $26.5 million in a move intended tocapture the “hottest domestic onshore play” in the country. All ofthe revised budget will be invested in Powder River Basinoperations.
June 17, 1999
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