Atlanta-based Georgia Natural Gas Co.(GNGC) has filed a complaint on behalf of SouthStar Energy Services LLC in Georgia’s Fulton County Superior Court to compel Dynegy Marketing and Trade to provide a “full and fair accounting” of its activities as the asset manager for SouthStar. The lawsuit alleges that Dynegy, despite “repeated requests,” has failed to provide necessary documentation and records of purchase and sales transactions.
Fulton
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Industry Briefs
The Coastal Corporation has announced that its Coastal Powersubsidiary will build a 265 MW gas-fired power plant northeast ofDenver. Fulton Cogeneration Associates, L.P., an affiliate ofCoastal Power, will own and operate the plant and has entered intoa power purchase agreement with Public Service Company of Coloradobeginning in May of 2000. Construction of the facility will beginthis summer near Brush, CO. Colorado Interstate Gas Company, also asubsidiary of The Coastal Corporation, will build a pipeline fromits Young and Fort Morgan natural gas storage fields to transportnatural gas to the plant.
June 1, 1999
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