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Business 2004 P19



Triconex names James Jordan nuclear application engineer
Triconex, an operating unit of Invensys Systems, Inc., announced the appointment of James Jordan as nuclear application engineer.

Lightyear Capital joins forces with energy industry veterans to acquire California-based electric generating facilities
Lightyear Capital, LLC, announced the formation of Lightyear Rockland Partners LLC in order to acquire Ripon Cogeneration, Inc., from Tractebel Power, Inc, a subsidiary of Suez SA.

Foster Wheeler appoints treasurer and acting CFO
Foster Wheeler Ltd. announced the appointment of Thierry Desmaris as vice president and treasurer. The company has also appointed Brian K. Ferraioli to serve as acting chief financial officer.

Dynegy reports net loss of $364 million for 2003
Dynegy Inc. on Thursday announced a net loss of $364 million for 2003, which includes a net loss of $226 million for the fourth quarter 2003.

Chubu join Thai CDM biomass project
Japan's Chubu Electric Power Co. said Tuesday that it would take part in a biomass power generation project in Thailand that qualifies under Kyotos' Clean Development Mechanism (CDM) initiative.

Energy Investors Funds Group closes fifth fund at $250m
Energy Investors Funds Group, an established private equity fund manager that invests in the energy and electric power sector, announced the final closing of the United States Power Fund, L.P. on December 3, 2003 with total capital commitments of $250m.

Allianz Global Risks U.S. Insurance Co. launches power generation unit
Allianz Global Risks US Insurance Company has launched a new business unit to provide property insurance to the U.S. power generation industry, including utilities and wholesale suppliers.

PennWell names chief financial officer
PennWell Corporation, a global business-to-business publisher and organizer of conferences and exhibitions, has elected Mark C. Wilmoth as Chief Financial Officer and Senior Vice President.

Doble Engineering completes acquisition of diagnostic instrument company TransiNor As
Doble Engineering Co. has completed the acquisition of TransiNor As, a provider of diagnostic monitoring systems and services headquartered in Trondheim, Norway.

Gestalt acquires energy and utility division of Mel Baiada-owned Sengen
Gestalt, LLC, has acquired the energy and utility practice of Sengen, an Internet consulting and development firm owned by noted technology entrepreneur, Mel Baiada, founder of Bluestone Software.

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