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Business 2002 P34



FirstEnergy submits filing with FERC to clear way for completion of $1.5 billion power plant purchase by NRG Energy
FirstEnergy Corp. filed with FERC requesting clarification of a condition in a July 2 FERC order approving FirstEnergy's $1.5 billion sale to NRG of four Ohio coal-fired power plants.

Framatome ANP purchases assets of Washington Group's equipment and services division
Framatome ANP Inc. signed an agreement last week to purchase the assets of Washington Group International Inc.'s Equipment and Services (E&S) Division.

Mirant: Plan to improve liquidity is working
Mirant confirmed the strength of its liquidity position recently by stating that its current liquidity is approximately $1.7 billion.

NRG Energy informs FERC that it needs more time to decide on FirstEnergy asset purchase
NRG on Thursday asked FERC for more time to decide on a deal to purchase some assets of FirstEnergy.

James E. Bostic, Jr., elected to Progress Energy board of directors
Progress Energy's board of directors have elected James E. Bostic, Jr., as a new director effective July 10, 2002.

Black & Veatch announces new $175 million credit facility total commitment by new bank group exceeds goal
Black & Veatch Corp. recently announced a new $175 million credit facility which was led by Harris Trust & Savings Bank.

Xtreme Cos. changes name of subsidiary to Nuclear Reduction Systems Inc.
Xtreme Cos. announced Tuesday it has renamed its subsidiary to Nuclear Reduction Systems, Inc. from Nucon 1 International, Inc. after a thorough corporate search.

Entergy offers second quarter earnings guidance, on track to achieve 2002 guidance
Entergy Corp. recently indicated that it expects to report second quarter 2002 financial results of at least $1.15 in operational earnings per share.

Siemens expands business with IT solutions for power plants
Through its British regional company the Siemens Power Generation Group has acquired ICIS Technology Ltd., a provider of software solutions for power plant management and power trading.

Reliant Energy receives SEC approval on spin-off
The Securities and Exchange Commission has authorized Reliant Energy Inc. to spin off its subsidiary Reliant Resources Inc.

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