William

CMS Eyes Panhandle as Secret Weapon for Growth

Amid the merger frenzy that has gripped the energy industry thisweek, CMS Energy Chairman and CEO William McCormick said he doesn’tenvision his company – whose goal is to be the third largest energyconcern in the world – being swallowed up by a competitor. Instead,he sees CMS Energy continuing in its aggressive role as a buyer ofassets.

June 18, 1999

NiSource Hires Former Vastar CEO to Grow TPC

NiSource has named former Vastar CEO William A. (Andy) Lang asthe new president and COO of TPC Corp., which it purchased fromPacifiCorp for $150 million in April. Lang and several other newofficials have been hired to rebuild TPC’s energy marketingoperations and grow its existing portfolio management business.

June 14, 1999

NiSource Hires Former Vastar CEO to Grow TPC

NiSource has named former Vastar CEO William A. (Andy) Lang asthe new president and COO of TPC Corp., which it purchased fromPacifiCorp for $150 million in April. Lang and several other newofficials have been hired to rebuild TPC’s energy marketingoperations and grow its exiting portfolio management business.

June 10, 1999

Texas-New Mexico Power in Leveraged Buyout

TNP Enterprises, the parent company of Texas-New Mexico PowerCo. (TNMP), was bought by a group of investors headed by WilliamCatacosinos, the former CEO of Long Island Lighting Co., for $1billion, including assumed debt, the parties announced last week.The deal, which TNP said was the first leveraged buyout of anelectric utility, is expected to close in six to nine months.

May 31, 1999

Investor Group Buys TNP Enterprises

TNP Enterprises, the parent company of Texas-New Mexico PowerCo. (TNMP), was bought by a group of investors headed by WilliamCatacosinos, the former CEO of Long Island Lighting Co., for $1billion, including assumed debt, the parties announced yesterday.The deal, which TNP said was the first leveraged buyout of anelectric utility, is expected to close in six to nine months.

May 26, 1999

El Paso Energy Expands Gulf Gathering With Leviathan

El Paso Energy CEO William A. Wise calls his company’s latestplanned acquisition the “yellow brick road” to deep-water Gulf ofMexico gas development. El Paso said it will buy DeepTechInternational’s interests in Leviathan Gas Pipeline through aseries of transactions worth about $450 million. Leviathan GasPipeline Partners produces, processes, gathers, transports andmarkets oil and gas in the offshore Gulf of Mexico.

March 3, 1998
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