In preparation for its US$8.5 billion merger with Duke Energy (see NGI, Sept. 24), Westcoast Energy Inc. last week began to divest of some assets, including an agreement to sell its Centra Gas units to BC Gas Inc. for C$208 million and another deal worth C$176.7 million, which sends its Ontario-based Union Energy and Westcoast Capital energy services companies to the City of Edmonton’s Epcor Utilities Inc.
Preps
Articles from Preps
Westcoast Preps for Duke Merger, Sells Gas, Services Units
In preparation of its US$8.5 billion merger with Duke Energy (see Daily GPI, Sept. 21), Westcoast Energy Inc. announced two divestitures, including an agreement to sell its Centra Gas units to BC Gas Inc. for C$208 million and another deal worth C$176.7 million, which sends its Ontario-based Union Energy and Westcoast Capital energy services companies to the City of Edmonton’s Epcor Utilities Inc.
October 23, 2001
Pepco Preps for Competitive Power Market in D.C.
Potomac Electric Power Co.’s (Pepco) strategy of getting out ofpower generation, focusing on its wires and distribution businessesand emphasizing its non-regulated side is in full swing, says theutility’s top executive.
February 7, 2000
Pepco Preps for Competitive Power Market in D.C.
Potomac Electric Power Co.’s (Pepco) strategy of getting out ofpower generation, focusing on its wires and distribution businessesand emphasizing its non-regulated side is in full swing, says theutility’s top executive.
February 2, 2000
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
