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Business 2002 P51



Fred D. Hafer announces retirement as chairman of FirstEnergy
FirstEnergy Corp. announced Friday that Fred D. Hafer has decided not to seek reelection as chairman of the board and will retire from the company May 31, 2002.

UtiliCorp changes name to Aquila Inc.
UtiliCorp United announced Monday that it has changed its name to Aquila Inc.

Vivid Learning Systems launches online utility training site
Vivid Learning Systems, a specialist in web and CD-ROM-based compliance and regulatory training programs, has announced a new training site designed specifically for utilities.

Triple Point Technology acquires application service provider for managing transactions
Triple Point Technology today announced its acquisition of Energy Crossroads, an application service provider that manages energy transactions in deregulated, wholesale energy markets.

New Jersey Board of Public Utilities approves results of electricity auction monitored by Charles River Associates
Charles River Associates Inc. (CRA) on Friday announced that the New Jersey Board of Public Utilities approved the results of the statewide Basic Generation Service auction of electric power.

Reliant Energy, Reliant Resources report positive fourth quarter earnings
Reliant Energy on Friday reported its 2001 fourth quarter net income was up $533 million from the fourth quarter in 2000.

Northeast Utilities fires auditing firm Arthur Andersen
Northeast Utilities Friday announced that the company's Board of Trustees has selected Deloitte & Touche as its external auditor, to replace Arthur Andersen.

Duke Energy completes $8 billion acquisition of Westcoast Energy
Duke Energy enhanced its position in the North American energy market Thursday with the closing of the previously announced acquisition of Westcoast Energy Inc.

Covanta receives amendment to master credit facility while continuing discussions with bank group
Covanta Energy Corp. Thursday announced that it has reached agreement with its senior secured bank group on an amendment to its Master Credit.

Cummins Inc. hires Susan Carter as vice president - corporate controller
Cummins Inc. has announced that Susan Carter will join Cummins as Vice President - Corporate Controller, effective March 18, 2002.

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