Enron Capital and Trade Resources currently is negotiating adeal with a Lincoln, NE-based nonprofit joint power agency to sellit wholesale bulk, multi-year gas supplies so the agency can inturn sell them at below-market prices to municipal utilities inCalifornia and other states. Brokered through the American PublicEnergy Agency (APEA), supplies would be paid-for in advance atdiscounted prices using the APEA tax-exempt financing capability.
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Nipsco Negotiates for Amoco Cogen Plant
Primary Energy, Inc., a subsidiary of Nipsco IndustriesInc.(NI), and Amoco are negotiating a deal to develop a naturalgas-fired cogeneration facility at Amoco’s Whiting Refinery inIndiana, NI announced Tuesday. The understanding allows the partiesto proceed closer toward final agreements. The energy produced bythe plant will be used by the Amoco refinery and other customers innorthern Indiana.
December 28, 1998
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