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Business 2003 P50



EPRI's ultrasonic fuel cleaning process improves fuel utilization and reduces dose rates in nuclear plants
A new ultrasonic nuclear fuel cleaning technology developed by EPRI removes deposits from reload fuel, allowing higher fuel utilization and reducing worker exposure rates.

Meridian agrees to buy Alliant Australian interests
US energy services provider said Friday it had agreed to sell its Australian investment to New Zealand power company Meridian Energy in a deal worth $350m.

More utilities provide red carpet service for their largest C&I customers, report shows
The majority of electric utilities -- 62% -- maintain a special program to service their key accounts, and these efforts can go a long way toward keeping large commercial and industrial customers satisfied, says a new Chartwell report on key accounts service initiatives in the utility industry.

Philip Odeen to join AES as a director
The AES Corp. announced that Philip A. Odeen is being nominated for election to the Board of Directors.

Klappa named president of Wisconsin Energy
Southern Company Chairman and Chief Executive Officer Allen Franklin announced that the company's chief financial officer, Gale Klappa, will be leaving Southern Company in mid-April to become president of Wisconsin Energy Corp.

Williams sells risk-management contract for $188 million
Williams announced it has sold its full-requirements power agreement with Jackson Electric Membership Corporation in Jefferson, Ga., to Progress Energy for $188 million cash.

Telecom deal sees Enel put on S & P CreditWatch
Standard & Poor's Ratings Services said today that it had placed its "A+" long-term corporate credit ratings on Italy's largest electric utility Enel SpA (Enel) and its subsidiary Camuzzi Gazometri SpA (Camuzzi) on CreditWatch with negative implications. At the same time, the "A-1" short-term corporate credit ratings on the two companies were affirmed.

Record profit for Elsam
Danish power utility Elsam released its 2002 results today showing a record after tax profit DKK 675m ($96.1m). The result is DKK 177m better than in 2001 and DKK 75m better than the latest published expectations.

Sustainable Energy Technologies Ltd. appoints director of operations
Sustainable Energy Technologies Ltd. announced that Derek A Howell has been appointed Director of Operations for the company.

Washington Energy & Environment Unit names William G. Poulson to lead its Integrated Projects Group
The Energy & Environment Unit of Washington Group International, Inc. has named William G. Poulson Vice President of its Integrated Projects Group.

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