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Business 2002 P39



PPL Susquehanna names vice president of nuclear operations
Richard Anderson has been named vice president-Nuclear Operations for PPL Susquehanna LLC, the company that operates the Luzerne County, Pa., facility.

FERC ready to revoke market-based rate authority of four energy companies
FERC has threatened four energy companies with revocation of their authority to charge market-based rates if they will not cooperate with its investigation of possible energy market manipulation.

Black Hills Corp. adds vice president of risk management
Black Hills Corp. recently announced the appointment of Russell L. Cohen to the newly created position of Vice President-Risk Management of Black Hills Corporation.

Dominion, Mirant complete Indiana power plant sale
Mirant has completed the sale of Mirant State Line Ventures to Dominion for approximately $182 million, the two companies announced recently.

Foster Wheeler receives further extensions of financing facilities
Foster Wheeler Ltd. has obtained further extensions of both its waiver under its current revolving credit facility and the forbearance of remedies for its lease financing facility.

Aquila expects 70 percent of 2002 operating earnings to come from regulated utilities and contract power sales
Aquila's president and CEO Friday sought to deemphasize the company's role in merchant energy, reminding shareholders that its roots run deep in the regulated utility networks business.

CMS Energy Corp. plans to sell its oil and gas exploration and production unit
CMS Energy Corp. has announced it plans to put its oil and gas exploration and production unit, CMS Oil and Gas Company, up for sale and exit the exploration and production business.

Ashley Baker named Southern Co. vice president of fossil/hydro-engineering, procurement and construction
Ashley Baker has been named vice president, Fossil/Hydro Engineering Procurement and Construction in Engineering and Construction Services for Southern Co.

El Paso Corp. to scale back its energy trading business
El Paso Corp. on Wednesday said it would be scaling back its involvement in energy trading, including the elimination of about half its trading staff.

Williams lays out plan to improve its finances by more than $3 billion
The leadership of Williams said recently the company plans to take additional major steps to equip its business to thrive in a post-Enron environment.

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