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Business 2002 P28



El Paso Corp. declares second quarter loss of $45 million
El Paso Corp. recently announced its earnings for the second quarter of 2002, which are summarized in the table below, as well as significant progress on its strategic repositioning plan.

Aquila to exit wholesale energy marketing and trading business
Aquila Inc. announced Tuesday that it is exiting the wholesale energy marketing and trading business operated by its Aquila Merchant Services subsidiary by the end of the third quarter.

Aquila seeks buyer for Midlands Electricity
Aquila, Inc. is seeking a buyer for its 79.9 percent of the shares of Avon Energy Partners Holding Co., the holding company for Midlands Electricity plc, operating as Aquila Networks in the U.K.

APB Energy launches power options on True Quote trading site
APB Energy, an OTC electricity broker in North America, has added power option quotes and data to its online trading platform - True Quote.

Aquila to exit wholesale energy marketing and trading business
Aquila Inc. announced Tuesday that it is exiting the wholesale energy marketing and trading business operated by its Aquila Merchant Services subsidiary by the end of the third quarter.

Capstone MicroTurbines exceed 2 million operating hours worldwide
Capstone Turbine Corp. recently confirmed it has documented more than 2 million hours of aggregated runtime among its microturbine systems operating in North America and overseas.

UTC fuel cells names Brian McDonald as vice president, commercial power systems
UTC Fuel Cells recently announced the appointment of Brian McDonald as vice president, commercial power systems.

Union workers begin stoppage at Dominion facilities
Dominion reported a smooth transition from normal working conditions as its electrical workers union began a work stoppage at noon Friday.

Exelon Nuclear chooses Washington Group as Engineer of Choice
Washington Group International has been selected by Exelon Nuclear as Engineer of Choice for its 17 nuclear power generating units at 10 sites.

Duke Energy International acquires Compagnie Thermique du Rouvray
Duke Energy business unit, Duke Energy International (DEI), recently announced that it has acquired 100 percent of the French-based power generator, Compagnie Thermique du Rouvray (CTR), from Sechilienne-Sidec.

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