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Business 2002 P43



Mirant sells stake in Chinese power development, SIPD, for $115 million
Mirant on Tuesday announced the sale of its stake in Shandong International Power Development Co. Ltd (SIPD) located in the Shandong province of China.

Enron presents process to creditors' committee for separating power, pipeline company from bankruptcy
Enron Corp. presented a process to its Unsecured Creditors' Committee to explore alternatives for moving the company's core energy assets out from under its Chapter 11 case.

Moog Inc., Whittaker Controls enter into teaming agreement for development, sales of gas turbine control products
Moog Inc. Industrial Controls Division and Whittaker Controls Inc. jointly announced Monday that they have entered into a Teaming Agreement in order to maximize their penetration in the industrial gas turbine market.

Zeltmann, N.Y. Power Authority president, named CEO
Eugene W. Zeltmann, president of the New York Power Authority, was appointed Chief Executive Officer by Power Authority trustees at a recent meeting.

Nuclear Energy Institute re-elects Poindexter Chairman
The Nuclear Energy Institute (NEI) has re-elected Christian H. Poindexter, chairman, Constellation Energy Group, chairman of its board of directors for a one-year term, effective immediately.

Black & Veatch appoints new vice president of Construction Equipment & Fleet Services
Black & Veatch Corp., a global engineering, consulting and construction company, on Friday announced the appointment of Bob Bell as Vice President of Construction Equipment & Fleet Services.

Allegheny Energy Supply completes revolving credit facility totaling $965 million
Allegheny Energy Supply Co., LLC, has closed on a new revolving credit facility totaling $965 million, consisting of a 364-day tranche and a three-year tranche.

Oglethorpe Power names Messersmith as vice president of plant operations
Oglethorpe Power Corp. has named James A. Messersmith as vice president of the newly created plant operations division.

Foster Wheeler announces first-quarter net loss
Foster Wheeler Ltd. reported a net loss for the first quarter of $24.6 million, or $0.60 per share, on $806.0 million in revenues.

Calpine first-quarter net income drops by 73 percent
Calpine Corp. announced Thursday its financial and operating results for the quarter ended March 31, 2002.

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