Signed

Polaroid Corp. of Cambridge, MA, and Enron Energy Servicessigned a 10-year outsource agreement for Enron to provide energymanagement services at Polaroid’s seven major U.S. facilities. Thedeal is worth more than $200 million. Enron will manage or supplyPolaroid’s energy commodity requirements including electricity, gasand fuel oil; design, build, operate and finance certain energyinfrastructure improvement projects; as well as provide alloperation and maintenance services at Polaroid’s three centralmanufacturing plants in Massachusetts: Waltham, New Bedford andNorwood. “Enron will drive energy savings for Polaroid by managingtheir commodity usage, investing capital to upgrade or replacePolaroid’s energy equipment and by providing best in classoperation and maintenance services,” said Lou Pai, Enron EnergyServices CEO. Enron will offer positions to the 20 Polaroidemployees in the company’s Operation and Maintenance team.

Alaska Gov. Tony Knowles and BP Amoco signed a major agreementlast week that clears the way in the state for the oil giant’sproposed acquisition of Atlantic Richfield Co. But still awaitingBP Amoco is its biggest nemesis — the Federal Trade Commission(FTC), where the merger reportedly has run into a serious snag overantitrust concerns. BP Amoco is hoping the Alaska deal, which callsfor the largest divestiture of production assets in the state’shistory, will help it score some points with the agency.

Alaska Gov. Tony Knowles and BP Amoco signed a major agreementyesterday that not only clears the way in Alaska for the oilgiant’s proposed acquisition of Atlantic Richfield Co., but mayhelp the company score some points with the Federal TradeCommission (FTC). At least that’s what BP Amoco officials arehoping.

Reliant Energy recently announced plans to construct a 340 MWpeaking plant in Shelby County, IL. The company has signed anoption agreement on an 80-acre parcel of land about 20 milessoutheast of Shelbyville, IL, near the town of Neoga.

Reliant Energy Retail Inc., announced yesterday the purchase ofall New Jersey Natural Energy’s (NJNE) commercial gas contracts.The actual agreement was signed last week, NJNE said, and customeraccounts are already switching to Reliant. Neither the number ofpurchased accounts nor the financial terms of the transaction weredisclosed. The two companies said the transition will be seamless.

Reliant Energy announced plans to construct a 340 MW peakingplant in Shelby County, IL, last week. The company has signed anoption agreement on an 80-acre parcel of land about 20 milessoutheast of Shelbyville, IL, near the town of Neoga.

ANR Pipeline signed agreements with Wisconsin Public ServiceCorp. (WPSC) that will result in the extension to 2010 of firmnatural gas transportation and storage service agreements that werescheduled to expire over the next three years. “These contractextensions reinforce the strong relationship that Wisconsin PublicService and ANR have shared for many years,” said Jeffrey A.Connelly, president and CEO of ANR and senior vice president,natural gas, of parent Coastal Corp. “Wisconsin Public Service isconfident these contracts will continue to provide our customerswith reliable natural gas service at competitive rates into thenext millennium,” said Patrick D. Schrickel, president and chiefoperating officer of Wisconsin Public Service Corporation. Theagreements are subject to regulatory approvals. WPSC is acombination gas and electric utility serving about 225,000 gascustomers and 380,000 electric customers in an 11,000-square-mileservice territory in Wisconsin and upper Michigan.

Ohio Governor Bob Taft signed into law a bill requiring thestate’s Public Utilities Commission to investigate any hostiletakeover bid directed at an Ohio gas utility at the time thebidder’s tender offer is made.

Ohio Gov. Bob Taft signed into law a bill requiring the state’sPublic Utilities Commission to investigate any hostile takeover biddirected at an Ohio gas utility at the time the bidder’s tenderoffer is made.