The power industry will undergo a “very significant” restructuring “that will yield enormous growth opportunities for us as a company,” Mark Jacobs, CFO at Reliant Energy, told an audience of financial professionals last Tuesday at the Banc of America Energy and Power Conference. “I think those growth opportunities may come more quickly than we’re all expecting,” Jacobs said.
Praises
Articles from Praises
Apache Praises FERC’s Action Against ‘Market Abuses’
Commenting on FERC’s Sept. 5 order overturning “monopolistic” offshore gas pipeline rates imposed by the Williams Companies, Apache Corp. said Friday that the decision is a victory for consumers and producers everywhere.
September 16, 2002
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