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Business 2002 P21



Becky Blalock named Southern Company Senior Vice President and CIO
Becky Blalock was named Southern Company senior vice president and chief information officer. In this role Blalock will direct all aspects of Southern Company's Information Resources function to provide support and guidance in maintenance, operations and application design for information technologies.

Michigan Economic Development Corp. announces NextEnergy permanent location
The Michigan Economic Development Corp. announced recently that the NextEnergy Center will be located in the Woodward Technology Corridor, a Michigan SmartZone, in the city of Detroit.

Clean Air Engineering Inc. signs agreement with KFx Inc. subsidiary to distribute control & optimization technology to boiler market
KFx Inc.'s subsidiary, Pegasus Technologies Inc. and Clean Air Engineering Inc. have entered into a value-added reseller agreement for Pegasus' OS-2003 Optimization Suite.

Williams reaches $555 million agreement to sell Central pipeline
Williams announced that it has signed an agreement to sell its Central natural gas pipeline to Southern Star Central Corp for $380 million in cash and assumption of $175 million in debt.

Bankruptcy court to hear further arguments on Enron, Sierra Pacific Resources litigation
Sierra Pacific Resources recently said that a U.S. Bankruptcy Court will hear additional arguments on Oct. 3 regarding litigation involving Enron Power Marketing and Sierra Pacific's subsidiaries, Nevada Power Co. and Sierra Pacific Power Co.

TransCanada to acquire 300 MW Colorado power plant
TransCanada PipeLines Ltd has agreed to acquire the 300-MW ManChief power plant from an affiliate of El Paso Corp. for about US$127 million, subject to post-closing adjustments.

SNWA 'disappointed' by Sierra Pacific's rejection of purchase offer
The Southern Nevada Water Authority (SNWA) recently received a written response from Sierra Pacific Resources (SRP) Chairman Walt Higgins rejecting its $3.2 billion offer to acquire the troubled electric utility.

Utilities see limited success in developing leaders, study says
A study finds that while top utility companies have formal processes to attract, develop and retain leaders, few believe these efforts are resulting in effective leadership programs.

New gas turbine offers high efficiency with low emissions
A new gas turbine introduced recently at the Turbomachinery Symposium in Houston is designed for higher efficiency and lower emissions than other machines in its class.

NRG Energy Inc. to sell Hungarian and Czech assets to Atel
Xcel Energy said they have reached an agreement to sell its Csepel power generating facilities, its ownership in the ECKG power station and its stake in Entrade.

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