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Business 2002 P55



Dominion, Mirant agree to sale of State Line Ventures Inc., power station
Dominion and Mirant announced Tuesday that they have reached an agreement under which Dominion will purchase Mirant State Line Ventures Inc.

Exelon Corporation chairman McNeill to retire
Exelon Corp. announced that Corbin A. McNeill, Jr., has resigned as Chairman, Co-Chief Executive Officer and Director, effective at the company's Annual Meeting scheduled for April 23, 2002.

Peoples Energy chairman, CEO to retire
Richard E. Terry, Peoples Energy chairman and chief executive officer, today announced his intention to retire effective August 1, 2002, consistent with the company's policy requiring officers to retire upon attaining the age of 65.

CP&L files for fuel cost decrease in South Carolina customer rates
CP&L announced that the company's South Carolina retail customers will see a decrease in their monthly bills as a result of decrease in South Carolina fuel cost recovery over the next 12-months.

Pollock named site VP at AEP's Cook Nuclear Plant
Joseph E. Pollock has been named site vice president for American Electric Power's Cook Nuclear Plant, according to A. Christopher Bakken III, senior vice president - nuclear generation.

Utilicorp proposes nine nominees for Quanta's board of directors
UtiliCorp United Inc. ("UtiliCorp") announced today that it has provided notice to Quanta Services, Inc. ("Quanta"), as required under Quanta's bylaws, of its intention to nominate nine candidates for election to Quanta's board of directors at Quanta's 2002 annual stockholder meeting.

Westinghouse announces alliance with Entergy
Westinghouse Electric Co. today announced a multi-year agreement designating Westinghouse as exclusive provider of a broad range of engineering, field services, replacement parts and instrumentation and controls for Entergy's fleet of nuclear reactors.

GE completes acquisition of Interlogix Inc.
GE Industrial Systems announced today the completion of the acquisition of Interlogix, Inc., the global electronic security company based in Austin, TX.

PG&E Corp. delays release of earnings; stock market reacts
PG&E Corp., parent company of Pacific Gas & Electric Co., announced that it will delay release of its 4th Quarter and annual earnings that were originally scheduled to be issued today.

Measuring, investing in human resource 'assets' grows as competitive strategy for energy companies
Increasingly, energy companies are finding an effective, long-term competitive strategy is to invest in their human resource 'assets' -- their employees.

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