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Business 2003 P13



Allegheny Energy names David C. Benson president of its subsidiary, Allegheny Energy Supply
Allegheny Energy Inc. announced that David C. Benson, Executive Vice President of its energy supply subsidiary, has been named president, Allegheny Energy Supply Company, LLC.

SSE buys Medway Power for £242m
The UK's Scottish and Southern Energy (SSE) has bought out its partners in the 700 MW Medway Power combined cycle gas turbine on the Isle of Grain in Kent for £89.8m ($150m) the company announced late Friday.

Fortegra expands wholesale energy business unit
Fortegra, Inc., a provider of business and technology consulting services, announced the addition of J. P. Harper as director, and the promotion of Jason Iacobucci to senior architect. Harper and Iacobucci will team to set the strategic direction of Fortegra's wholesale energy business unit.

Babcock Power Inc. repositions itself to meet changes in market demand
Babcock Power Inc. (BPI) is re-allocating resources from Vogt Power International Inc. (VPI), one of its four Business Units.

Invenergy and GTCR close acquisition of Hardee power station
Invenergy LLC and GTCR Golder Rauner announced the completion by their affiliates, effective September 30, of the acquisition of the Hardee Power Station from TECO Energy, Inc.

Exelon to match FPL's $276.5-million offer for Amergen purchase from British Energy
Exelon Corp. announced that it will buy British Energy's 50-percent interest in AmerGen Energy Co. LLC for $276.5 million, giving Exelon sole ownership of AmerGen and its three nuclear plants.

Black Hills Corp. completes hydroelectric assets sale
Black Hills Corp. has announced the completion of the sale of its ownership interests in seven hydroelectric power plants located in upstate New York.

Calpine subsidiary closes $301,658,000 secured notes offering
Calpine Corp., announced that Gilroy Energy Center, LLC (GEC) has received funding on its $301,658,000 of 4% Senior Secured Notes Due 2011.

Peter Brotherhood joins forces to target wind market
Peterborough, UK-based specialist engineering company Peter Brotherhood Ltd has announced a new joint venture with leading wind turbine supplier REpower Systems AG marking a new phase in the company's plans for future growth and expansion.

Mitsubishi Heavy targets $27 million in sales for solar power equipment
Japan's Mitsubishi Heavy Industries expects to double its sales of solar power generation equipment over two years. It predicts an expansion in sales from Germany to the whole of Europe, including Switzerland, Italy and France.

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