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Business 2002 P26



Aquila and ET Co., Ltd sign $265 million agreement on sale of Texas/Oklahoma natural gas pipeline and processing systems
Aquila Inc. has signed an agreement to sell its Southeast Texas and Mid-Continent natural gas pipeline systems and its 50 percent ownership in Oasis Pipe Line Co. to ET Co., Ltd for $265 million in cash.

MidAmerican and Dynegy complete Northern Natural Gas transaction
MidAmerican Energy Holdings Co. and Dynegy Inc. recently announced the completion of MidAmerican's acquisition of Northern Natural Gas Co. (NNG).

Aquila confirms $754 million liquidity position
Aquila Inc. announced recently that Fitch Ratings notified the company that it has revised its ratings outlook from stable to negative.

Hydro One board of directors announced
Glen Wright, Chair of Hydro One Inc. announced the appointment of the company's Board of Directors replacing the interim Board.

Enron and Dynegy announce settlement of merger-related litigation
Enron Corp. and Dynegy Inc. recently announced that they have reached a settlement of litigation arising from the failure of the November 2001 merger of the two companies.

Environmental Power Corp. revenues from alternative energy to fuel new source of planned growth
Environmental Power Corp. said it continued to generate steady revenue from its lease on the Scrubgrass waste-coal facility while moving to deploy recently acquired anaerobic digestion technology.

Foster Wheeler's new credit facilities to extend into 2005
Foster Wheeler Ltd. recently announced that it has entered into new credit facilities, which will extend into 2005.

Raytheon turns over Red Oak power plant
Raytheon Co. has delivered the Red Oak power plant to its owner, AES Red Oak LLC, a subsidiary of AES Corp.

Dynegy's fate may hinge on pipeline sale
In a Securities and Exchange filing late Wednesday, Dynegy Inc. said it may have to consider bankruptcy if its planned sale of Northern Natural Gas is delayed or canceled.

Kiodex announces five new energy customers for risk management services
Kiodex Inc., a company that provides a Web-services platform for corporate risk management and financial reporting, recently announced that five energy companies have joined its customer base.

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