GPU Energy said settlement negotiations with parties involved inthe company’s stranded cost and unbundling case will continue as aregulatory deadline passed last week. “We have notified the NewJersey Board of Public Utilities that although we have not reacheda settlement at this time, we will continue the negotiationprocess,” said Mike Filippone, director of rates for New Jersey.
Articles from Involved
KN Energy International Inc. bought an interest in IntegratedGas Services of Mexico LLC (Igasamex), a Mexico City-based companythat is involved in helping Mexican industry convert to natural gasfrom alternative fuels – such as diesel, propane or fuel oil -through development of supply and transportation projects. It alsoprovides third-party inspection of pipeline construction, andprovides pipeline management services in Mexico. Terms of theacquisition were not disclosed.