Enron Corp. said late Thursday it will sell Prisma Energy International Inc., which holds its once estimable overseas assets, to London-based Ashmore Energy International Ltd. in a two-stage transaction. Prisma, formed following Enron’s bankruptcy, is the company’s last major entity to be sold.
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NGI The Weekly Gas Market Report
Investment Fund Taking Hard Look at NorthWestern Muni Buyout Bid
Harbert Distressed Investment Master Fund Ltd., the largest stockholder of NorthWestern Corp., has hired Lehman Brothers and the law firm of Milbank, Tweed, Hadley & McCloy LLP to advise it on the feasibility of a proposal by a coalition of municipal entities called Montana Public Power Inc. (MPPI) to buy NorthWestern.
August 22, 2005