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Business 2002 P31



NRG completes sale of interests in Energy Development Ltd.
NRG Energy Inc. announced it has completed the sale of its ownership interests in an Australian Energy Company, Energy Development Limited (EDL).

Enron names new board member
The Enron Corp. board of directors announced today the election of Ron W. Haddock to the company's board of directors.

Siemens steam power plant modernization business is trending upward
Siemens Power Generation will upgrade the turbines in four power plants in the U.S. and Sweden, the company announced recently.

Foster Wheeler preliminarily agrees to sell waste-to-energy plant
Foster Wheeler Ltd. recently announced that one of its subsidiaries has preliminarily agreed to sell its interests in its Hudson Falls, New York waste-to-energy plant.

FirstEnergy reports higher second quarter earnings
FirstEnergy Corp. recently reported that net income for the second quarter of 2002 was $233.3 million, or basic earnings of 80 cents per share of common stock (79 cents diluted).

USEC promotes Timothy Hansen to senior vice president, general counsel
USEC Inc. announced the promotion of Timothy B. Hansen to Senior Vice President, General Counsel and Secretary, effective August 2.

Dominion announces second-quarter earnings of 97 cents per share
Dominion announced unaudited consolidated operating earnings for the second quarter of $272 million, compared with operating earnings of $180 million for the same period in 2001.

Foster Wheeler names C. James Crumm vice president of new corporate project risk management group
Foster Wheeler Inc. has appointed C. James Crumm vice president, project risk management.

Duke Energy earns 57 cents per share in second quarter
Duke Energy earned 57 cents per share in second quarter 2002, compared with 54 cents per share in second quarter 2001.

Constellation Energy Group board names new chairman
Constellation Energy Group recently announced that Christian H. Poindexter, Chairman of the Board of Directors, has retired from the Chairmanship.

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