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Business 2003 P37



Avista outlines plan to meet future needs of its electric customers
Avista Corp. has submitted its 2003 Integrated Resource Plan (IRP) to the public utility commissions in Idaho and Washington.

Ralph Carter takes top spot at Pavilion Technologies
Former Datastream COO Ralph Carter was named president and chief executive officer of privately held Pavilion Technologies.

Calpine completes $82 million contract monetization
Calpine Corp. has completed the $82 million monetization of an existing power sales agreement with the Bonneville Power Administration (BPA).

Williams takes actions to redeem and repay Buffett investments
Williams has announced actions that will result in the retirement of the investments in Williams by a subsidiary of MidAmerican Energy Holdings Company, a member of the Berkshire Hathaway Inc. family of companies.

Con Edison to shareholders: Staying with basics maintains strong financial position
Consolidated Edison Inc. Chairman Eugene R. McGrath recently highlighted the utility's strong balance sheet and overall financial position and its continued record of increasing shareholder value.

Eutilia launches market research service for utility procurement
Eutilia, a knowledge exchange of the European utility industries, has commissioned market research firm Frost & Sullivan to prepare a series of specialist reports on various aspects of utility procurement.

SeaWest WindPower spins off wind power information systems business
SeaWest Holdings Inc. announced it has spun off its former SeaWest WindPower Data Services Group into a new independent entity named Prasentia™.

Mirant reaches agreement to sell Birchwood Virginia generating assets
Mirant has signed an agreement to sell all but one half of one percent of its 50 percent interest in the coal-fired Birchwood power plant and related facilities to the Global Energy unit of GE Structured Finance (GESF) for a gross sales price of approximately $71 million.

Konarka Technologies announces relationship with Eastman Ventures
Konarka Technologies, Inc., a developer of polymer photovoltaic products that provide a source of renewable power in a variety of form factors for commercial, industrial, government and consumer applications, announced it has entered into a relationship with Eastman Ventures.

SimSci-Esscor introduces new performance-monitoring solution for power plants
SimSci-Esscor, an operating unit of Invensys plc, has announced the introduction of PowRx™, a new web-enabled performance-monitoring solution for power plants.

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