Tag / Inks

Subscribe

Inks

TransCanada Inks Its Largest Asset Management Deal

Last week’s agreement by Semco Energy Gas Co. to a three-yeardeal with TransCanada PipeLines Ltd. for management of its gassupply gives TransCanada its largest asset management relationshipto date. Semco also will buy the majority of its gas supplies fromTransCanada for the three years of the agreement, which iseffective April 1, 1999.

October 12, 1998

Sempra Inks 10-Year Mexican Contract

Sempra Energy International was awarded a 10-year agreement byMexico’s Federal Electricity Commission (CFE) to supply gas to thePresidente Juarez power plant in Rosarito, Baja California. Semprawill provide a complete energy supply package to the plant,including delivery of up to 300 MMcf/d of gas, transportationservices in the United States and construction of a 23-milepipeline from the U.S.-Mexico boarder to the plant. The value ofthe 10-year gas supply contract could approach $1 billion incurrent dollars.

August 28, 1998

NorAm Inks Asset Management Deal with Kentucky Gas

NorAm Energy Services (NES) won a large three-year assetmanagement contract with Owensboro, KY-based Western Kentucky GasCo., effective July 1. The deal includes gas supply,transportation, storage, and city gate delivery asset managementservices. The Kentucky gas distributor, a division of Dallas basedAtmos Energy, serves 180,000 customers.

July 28, 1998

Southern Inks Supply, Marketing Deal with 4 Sithe Plants

Southern Company Energy Marketing signed an agreement to providefour Sithe Energy power plants in New York with 55 MMcf/d of gasfor fuel and to market the 275 MW output. The 15-month arrangementis scheduled to begin this month.

July 8, 1998

PG&E Energy Services Inks Retail Deal

PG&E Energy Service continued to amass a large collection ofretail supply and services contracts yesterday, adding Lucky Storesand American Drug Stores to a list that includes Safewaysupermarkets, Rite-Aid drug stores, McDonald’s restaurants,Blockbuster stores, ARCO gas stations Neiman-Marcus departmentstores and IBM.

June 18, 1998

NGC Inks ‘Landmark’ Electric Alliance

NGC Corp. struck its first wholesale electric marketing alliancewith an electric utility in a deal with Florida Power Corp. (FPC).The alliance would capitalize on developing wholesale energymarkets in Florida and other regions, NGC said. It combines theenergy marketing, trading and risk management skills of NGC withthe current power marketing capabilities and over 8,500 MW of powersupply assets of Florida Power. The alliance will allow NGC and FPCto offer wholesale customers in Florida and the southeast a fullspectrum of wholesale power services, and maximize theopportunities for commercial management of FPC’s generation assets.

May 15, 1998
1 13 14 15 Next ›