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Business 2002 P53



Ontario Power Generation announces sale of four hydroelectric stations to Brascan
Ontario Power Generation has announced the sale of four hydroelectric stations located on the Mississagi River, east of Sault Ste. Marie, to Brascan Corp. for Cdn $340 million.

Duke Energy acquisition of Westcoast Energy receives industry Canada approval
Duke Energy announced it has received approval from Industry Canada for its acquisition of Westcoast Energy.

Foster Wheeler successfully negotiates extension of two financing facilities
Foster Wheeler Ltd. has obtained an extension of its $50 million receivables sale arrangement through April 12, 2002 and has been taking steps to find a replacement for this facility.

Entergy Nuclear's south region taps Williams as vice president of operations support
George A. Williams will join Entergy Nuclear as vice president of operations support for Entergy Nuclear's South region, the company announced.

Ann Cohn named vice president and associate general counsel at Edison Mission Energy
Edison Mission Energy (EME), a subsidiary of Edison International, has named Ann Cohn as Vice President, Legal, for its Americas Region, and Associate General Counsel of EME.

Williams to sell Kern River pipeline to MidAmerican Energy Holdings
Williams plans to sell its Kern River interstate natural gas pipeline business to a unit of MidAmerican Energy Holdings Co. for $450 million in cash and assumption of $510 million in debt.

Woodward acquires Leonhard-Reglerbau to expand position in power generation market
Woodward Governor Co. announced today that it acquired Leonhard-Reglerbau, which specializes in the design, production and sales of control, protection, and monitoring devices for power generation equipment.

Williams Communications reaches agreement with Williams Co.
Williams Communications, a provider of broadband services for bandwidth-centric customers, has announced it has reached an agreement with one of its larger creditors, Williams.

Foster Wheeler Ltd. elects Victor A. Hebert to board of directors
Victor A. Hebert, a senior member of the law firm Heller Ehrman White & McAuliffe LLP, based in San Francisco, California, has been elected to the board of directors of Foster Wheeler Ltd.

Bankrupt California utility shores up parent company PG&E Corp.
PG&E Corp. announced its earnings from operations had increased by 19 percent to $1.1 billion, or $3.02 per share, for the full year 2001.

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