Westcoast Energy announced it had acquired 100% of the ownershipand control of, Engage Energy Canada, L.P., as well as the EngageU.S. power business based in Michigan and the Engage gas and powerbusiness in the U.S. Pacific northwest, after the split of itsjoint venture with Coastal Corp on Oct. 3.

“We are extremely pleased to have Westcoast as our soleshareholder at this exciting time in our evolution,” said MikeBroadfoot, CEO of Engage. “While the Coastal/Westcoast jointventure initiated in 1997 provided many opportunities, it becameincreasingly apparent that Westcoast needed a 100% owned energymerchant company.”

Graham Wilson, executive vice president of Westcoast noted,”Engage now has the opportunity to integrate more fully with theWestcoast corporate family, and focus completely on working withthe other Westcoast affiliates to help optimize the value ofWestcoast’s significant network of energy assets.”

In the U.S., Westcoast has established Engage Energy AmericaCorp (Engage America), a 100% owned affiliate headquartered inSouthfield, MI, to manage its strategic contracts, relationshipsand personnel focussed on the U.S. Midwest, the U.S. Northeast, theGreat Lakes and the U.S. Pacific North regions, in both gas andpower.

©Copyright 2000 Intelligence Press Inc. All rights reserved. Thepreceding news report may not be republished or redistributed, inwhole or in part, in any form, without prior written consent ofIntelligence Press, Inc.