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Business 2003 P9



CEZ chief axed by government
The board of CEZ, the Czech Republics state-owned power utility, sacked its Chairman and Chief Executive Jaroslav Mil on Thursday following a row with the government.

RWE Venture Capital invests in Margan
Margan Business Development Ltd. (MBD), specialized in the inspection and analysis of High Energy Piping condition, successfully completed another financing round of about € two million.

USEC's Dennis Spurgeon to retire
Dennis Spurgeon, executive vice president and chief operating officer of USEC Inc., has announced his decision to retire as of November 30, 2003.

Puget Sound Energy to acquire interest in EPCOR's Frederickson power facility
Puget Sound Energy said it intends to acquire a 49.85 percent interest in EPCOR's 249-MW Frederickson Power facility.

CenterPoint Energy sells final international asset
CenterPoint Energy Inc. has announced the sale of its remaining international asset, a 25 percent indirect interest in Rain Calcining Ltd. in Hyderabad, India, to Corbin Holdings, Inc.

Reliant plans to retire two units at northern New Jersey Power Plant
Reliant Energy announced Thursday that it intends to retire two natural gas- and oil-fired steam units totaling 225 MW at its power generating station at Sayreville, New Jersey early next year.

Thomas R. Black to become president of BluePoint Energy Development
Chapeau Inc. (dba Blue Point Technology) announced the hiring of Thomas R. Black as president of BluePoint Energy Development.

Endesa poised to complete Snet deal
Spanish utility Endesa said on Wednesday it expected to have a deal to finally take a majority stake in French power generator Snet before the end of the year.

Marubeni Corp To acquire stake in Sithe Energies
Japan's Marubeni Corp. announced Wednesday that it will acquire a substantial stake in the Asian affiliate of U.S. independent power producer Sithe Energies Inc.

Fleetguard Emission Solutions and Environmental Solutions Worldwide form supply and distribution agreements for particulate reactor
Fleetguard Emission Solutions and Environmental Solutions Worldwide Inc. have signed marketing and distribution agreements and preferred supplier agreements for ESW's Particulate Reactor™; a metallic, diesel oxidation catalyst.

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