Waltham

Massachusetts Firm Sets Bi-Coastal Virtual Oil Pipeline

With acquisitions and infrastructure agreements in hand, Waltham, MA-based Global Partners LP, a publicly traded master limited partnership, is establishing a “virtual pipeline” for shipping North Dakota Bakken and Canadian crude oil to refineries on both the U.S. West and East Coasts.

May 15, 2013

Company Invents Detector of Both Metal, Plastic Gas Pipelines

A Waltham, MA-based company whose technology for detecting land mines is being used in Iraq and Afghanistan has adapted the technology for commercial use to pinpoint the location of both metal and plastic underground natural gas pipelines in an effort to cut down on the incidents of third-party damage, according to the Department of Energy (DOE).

August 11, 2003

Company Invents Detector of Both Metal, Plastic Gas Pipelines

A Waltham, MA-based company whose technology for detecting land mines is being used in Iraq and Afghanistan has adapted the technology for commercial use to pinpoint the location of both metal and plastic underground natural gas pipelines in an effort to cut down on the incidents of third-party damage, according to the Department of Energy (DOE).

August 5, 2003

AES Snags Thermo Ecotek’s Generation Plants

International power producer AES Corp. announced a plan to scarfup the assets of Thermo Ecotek Corp., a subsidiary of ThermoElectron Corp. of Waltham, MA, for $195 million in cash, plusadditional closing adjustments that currently amount to another $15million. Thermo Ecotek builds and operates power plants and ownsgas storage assets. Its portfolio includes 516 MW of gas-fired,biomass-fired (agricultural and wood waste), and coal-fired powerplants in the United States, the Czech Republic, and Germany, aswell as a natural gas storage project in the United State and over1,250 MW of advanced development power projects in the UnitedStates. The transaction is likely close during the third quarter.

February 14, 2001