Crystal Gas Storage Inc. of Shreveport, LA, is reviewing itsoptions, including the possible sale of the company. Theindependent gas storage company hired Goldman, Sachs & Co. toassist with the strategic review and said no transactions arepending. The company said there would be no more announcementsunless and until a deal comes about or the effort is scrapped.Crystal Gas Storage owns and operates, through wholly ownedsubsidiaries, two storage facilities near Hattiesburg, MS, andholds various interests in gas properties, primarily in Arkansasand Louisiana.
Goldman
Articles from Goldman
Orion Power Buys Generation Assets
Orion Power Holdings Inc., jointly owned by affiliates ofGoldman, Sachs & Co. and Constellation Energy, bought theAstoria Generating Station, Gowanus Gas Turbine and Narrows GasTurbine facilities from Consolidated Edison Co. of New York forabout $550 million.
August 24, 1999
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