While the trading community continued to stew over what virtually everyone agreed was an outlandishly low AGA storage injection figure, it sent cash prices diving Friday. Declines tended to be between about 15 and 35 cents, with those in the 20s most common. Many points were giving up nearly all the price territory they had gained the day before.
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Entergy, The Shaw Group in Wholesale Power Venture
Two Louisiana companies announced Friday they’ve cooked up apowerhouse gumbo, a stew that is expected to heat up the wholesalepower market in regional hubs around the country. New Orleans-basedutility giant Entergy and the Baton Rouge-based construction firm,The Shaw Group, are blending their talents to form Entergy-Shaw, astrategic joint venture that is expected to accelerate Entergy’sgoal of becoming a dominant low-cost wholesale power provider inkey regional energy hubs.
June 5, 2000
Entergy, Shaw Group Blend Talents in Venture
Two Louisiana companies announced Friday they’ve cooked up apowerhouse gumbo, a stew that is expected to heat up the wholesalepower market in regional hubs around the country. New Orleans-basedutility giant Entergy and the Baton Rouge-based construction firm,The Shaw Group, are blending their talents to form Entergy-Shaw, astrategic joint venture that is expected to accelerate Entergy’sgoal of becoming a dominant low-cost wholesale power provider inkey regional energy hubs.
June 5, 2000
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