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Business 2002 P3



Allegheny Energy transfers 3,208 acres in Canaan Valley, W.Va. to Canaan Valley Institute
Allegheny Energy Inc. on Wednesday transferred 3,208 acres of land from a non-utility subsidiary in West Virginia's Canaan Valley to the Canaan Valley Institute (CVI).

PSEG Nuclear on track for best year ever, company says
PSEG Nuclear is on track to generate more power than ever before from its three nuclear units located in Salem County, New Jersey.

Progress Energy announces new economic development rider
Progress Energy Thursday announced that they received approval for a new economic redevelopment rider that is expected to attract attention from companies considering locating in North Carolina.

Expert panel: Diversity has become a business imperative
A panel of human resources experts said Tuesday that it is imperative for businesses in the 21st century to have dedicated diversity programs.

ABB clinches $1.5bn financing
Swiss-Swedish engineering group ABB secured Wednesday $1.5bn in new finance from a group of 20 banks, secured on company assets.

TECO Energy expands John Ramil's leadership role
TECO Energy Chairman and CEO Robert Fagan Monday announced the promotion of John B. Ramil to Executive Vice President for TECO Energy.

Cummins Inc. announces appointment of new senior leaders
Cummins Inc. Tuesday announced the appointments of the several senior staff to key positions within the company.

Wisconsin Public Service Corp. closes purchase of the De Pere Energy Center
WPS Resources Corp. Monday announced that its electric and natural gas subsidiary, Wisconsin Public Service Corp., completed the purchase of the 180-MW De Pere Energy Center from Calpine Corp.

Williams' chief financial officer to retire
Williams on Tuesday announced that its chief financial officer Jack McCarthy, 59, will retire at year-end.

AEP subsidiary files divestiture plan with PUCT proposing sale of generating plants in south Texas
AEP subsidiary Central Power and Light, filed a plan of divestiture Tuesday with the Public Utility Commission of Texas proposing to sell all of its power generation assets.

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