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Business 2002 P52



Balaton Power completes acquisition of hydropower sites
Balaton Power USA Inc. has acquired title to hydropower sites in the state of Washington totaling approximately 70 MW of power production capacity.

TechSys Inc. appoints Keith Blakely president & COO
TechSys Inc. announced Tuesday that the company has appointed Keith Blakely as President and Chief Operating Officer.

Large energy company to take first-quarter charge for cancelled turbines
Calpine Corp. Tuesday reported that it has completed a significant restructuring of its gas and steam turbine purchase program.

Williams, TXU, Cinergy, Bonneville Power choose Knowmadic's energy trading software
Knowmadic has announced that several major energy companies are using Knowmadic Integration Suite to increase revenue and profits, make better business decisions and reduce costs.

Credit agency frowns on Calpine's latest $2 billion financing round
Fitch Ratings has lowered Calpine Corp.'s debt ratings after the company announced $2 billion in new secured financing.

Four Ohio communities gain access to cleaner energy
Tens of thousands of residents in four Ohio communities now can choose cleaner electricity under a new agreement with Green Mountain Energy Co.

Calpine increases credit line to $2.0 billion
Calpine Corp. announced Tuesday that it has closed a new, $1.6-billion secured credit facility.

Covanta Energy Corp. seeks further bank waivers
Covanta Energy Corp. today announced that it has requested further waivers to its Master Credit Facility by March 15, 2002, with respect to the bank fees coming due this week and other matters.

LIPA and KeySpan agree to allow more time for purchasing power plants
LIPA and KeySpan Corp. announced that they have reached an agreement in principle to extend the Generation Purchase Right Agreement (GPRA) on KeySpan's Long Island power plants for three years.

Puget Energy board names new chairman, announces management changes
Puget Energy today announced the appointment of a new chairman of the board and changes to the senior management team.

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