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Business 2004 P17



C. John Wilder named new chief executive of TXU
TXU announced that the board of directors has selected C. John Wilder as president and chief executive of TXU Corp., effective immediately.

USEC receives NRC license for American Centrifuge Demonstration Facility
USEC Inc. announced that the NRC has issued a license that authorizes USEC to construct and operate its American Centrifuge Demonstration Facility.

Blackwell Consulting services expands with addition of Mississippi office
Blackwell Consulting Services (BCS), a full-service, full life-cycle management and information technology consulting firm has selected Jackson, Miss., as its newest office site.

Cost cutting sees Vattenfall Europe profits rise
Vattenfall Europe, the German unit of Swedish state-owned utility Vattenfall AB, said today its full year operating profit rose 34 per cent due to cost cutting by the utility and as a results of higher electricity wholesale prices.

Calpine enters into agreement to purchase ERCOT power plant
Calpine Corp. entered into an agreement Wednesday with the owners of the Brazos Valley Power Plant to purchase the Fort Bend County, Texas, facility for approximately $175 million in cash.

Cummins appoints new corporate officer
Cummins Inc. announced that Michael Cross, Vice President - Fleetguard Emission Solutions, has been appointed a corporate officer.

WorldWater Corp. signs agreement with the Sandi Group to form Iraqi joint venture
WorldWater Corp. will form a joint venture with The Sandi Group, Inc., to solicit contracts in Iraq in the areas of public works and water and power sector rehabilitation.

Siemens and Technofast sign a marketing and technical agreement
Siemens Westinghouse Power Corporation (SWPC) based in Orlando, Florida, has signed a marketing and technical support agreement with Technofast Industries, a company based in Brisbane, Australia.

Allegheny Energy announces change to board of directors
Allegheny Energy, Inc. announced that Frank A. Metz, Jr., 70, a member of the Board of Directors since 1984, has announced his retirement. Michael H. Sutton was appointed by the Board of Directors to fill the term of Metz, which is to expire in 2005.

Moody's downgrades FirstEnergy Corp. and some subsidiaries
Moody's Investor's Service downgraded FirstEnergy Corp.'s (FE) senior unsecured rating to Baa3 from Baa2.

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