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Business 2002 P7



Wisconsin Energy completes Wisvest-Connecticut sale
Wisconsin Energy Corp. Friday announced it had completed the sale of its Wisvest-Connecticut LLC subsidiary to PSEG Fossil, LLC of New Jersey.

TransAlta completes purchase of Vision Quest
TransAlta Corp. announced Friday it has completed the previously announced purchase of Vision Quest Windelectric Inc. for $37 million.

Catamount Energy Corp. sells Gauley River hydro facility to Chi Energy Inc.
Catamount Energy Corp. announced Friday that it has closed on the sale of its 80-MW West Virginia hydro facility - the Summersville Hydro Project located on the Gauley River - to CHI Energy Inc.

ALSTOM wins repeat gas turbine order from Wintershall AG
ALSTOM has won a repeat order worth approximately 3 million euros to supply Wintershall AG (Kassel, Germany) with a Tornado gas turbine generating set for its Jakhira oil field facility in North Africa.

Florida Power and IBEW reach tentative agreement
Florida Power and the negotiating team for System Council U-8 of the International Brotherhood of Electrical Workers have reached tentative agreement on a new, three-year labor contract.

Allegheny Energy suspends quarterly cash dividend
At its meeting Thursday, Allegheny Energy's Board of Directors suspended the company's quarterly cash dividend on its common stock.

Foster Wheeler to close Dansville manufacturing facility
Foster Wheeler Ltd. announced Wednesday that its subsidiary Foster Wheeler Energy Corporation would close the Dansville, New York, manufacturing facility.

Inventor files milestone global PCT patent application for a new coal gasifier invention
Lloyd Weaver, mechanical engineer and inventor of PCPG (pulverized coal pressurized gasifier) said that as of 12 November 2002, PCPG met its foreign PCT filing obligation.

Black & Veatch's Energy Engineering & Construction division restructures
Black & Veatch announced that its Energy Engineering & Construction (EE&C) division has been restructured.

Moody's Investors Service continues its review of rating of Paiton Energy Funding B.V. for possible upgrade
Moody's Investors Service says it will continue its review of the Caa2 rating of Paiton Energy Funding B.V. (Paiton) for possible upgrade.

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