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Business 2003 P45



LaurenKamtech merger creates integrated construction services company
Lauren Engineers & Constructors, Inc. have announced a merger that creates LaurenKamtech, Inc, a large and diversified international EPC contractor.

Duke Energy will exit proprietary trading at its North American merchant energy business
Duke Energy announced that it will discontinue proprietary trading at its North American merchant energy businesses, Duke Energy North America (DENA) and Duke Energy Merchants (DEM).

Far-sighted European strategy shows results at Vattenfall
Good results from Swedish utility Vattenfall should be seen in the light of a number of strategic decisions made by the company in the 1990's, shareholders at yesterday's AGM were told. Chairman of the Board Dag Klackenberg said that Vattenfall had adapted to entirely new conditions.

Centerpoint Energy sells its final asset in Argentina
CenterPoint Energy Inc. has sold its final asset in Argentina, a 90 percent interest in Empresa Distribuidora de Electricidad de Santiago del Estero S.A., to a group of Argentine investors, led by Banco de Santiago del Estero.

New Internet-based system has real-time operational GIS weather data for decision support
Minneapolis-based Meteorlogix announced the launch of MxInsight GIS Weather™ - a one-of-a-kind, Internet-based weather data information system in GIS format.

Foster Wheeler appoints Kenneth A. Hiltz as CFO
Foster Wheeler Ltd. announced the appointment of Kenneth A. Hiltz as chief financial officer.

Mariah Energy Corp. opens new production facility for microturbine CHP operations
Mariah Energy Corp. announces the opening of a new fabrication facility at 1323 Hastings Crescent in SE Calgary, Alberta.

PBS&J honored as 2003 ESRI Foundation Business Partner of the Year
ESRI has awarded PBS&J the 2003 ESRI Foundation Business Partner of the Year award at its ESRI Worldwide Business Partner Conference in Palm Springs, California in March.

S&P reports on CMS Energy's liquidity
The liquidity position of CMS Energy Corp. and its primary operating subsidiary, Consumers Energy Co., moderately improved in recent weeks, according to a report published by Standard & Poor's Ratings Services.

S&P lowers Nuon ratings
Standard & Poor's Ratings Services said Wednesday it lowered its long-term and short-term ratings on Dutch-based energy utility N.V. Nuon and its guaranteed subsidiary Nuon Finance B.V. (collectively Nuon), to 'A+' from 'AA-' and to 'A-1' from 'A-1+' respectively following weaker-than-expected 2002 results.

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