Natural gas futures continued to defy gravity Friday when a laterally nullified losses achieved earlier in the session. Afterposting an early low of $4.395, September rumbled higher to closeat $4.475 and in doing so, posted a gain for the ninth straightsession. Estimated volume was extremely light, with only 37,841contracts changing hands.
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FPL Energy Closes on Maine Power Plants
After losing a court battle that would have nullified theacquisition, FPL Energy Inc. announced last week it closed thedeal to obtain Central Maine Power Co.’s (CMP) non-nucleargenerating assets. The transaction is expected to be completed inApril.
March 15, 1999
FPL Closes on Maine Power Plants
After losing a court battle that would have nullified theacquisition, FPL Energy Inc. announced Thursday it closed the dealto obtain Central Maine Power Co.’s (CMP) non-nuclear generatingassets. The transaction is expected to be completed inApril.
March 12, 1999
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