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Business 2004 P21



Westar Energy announces loan repayment
Westar Energy, Inc. announced the repayment of $279.7 million of its bank term loan during the fourth quarter 2003.

Barnhart Crane & Rigging provides leadership training
Foremen and superintendents from Barnhart Crane & Rigging Co.'s 13 branch offices recently completed the company's annual leadership training course in Memphis.

DTE Energy Technologies launches ultra low-emissions on-site energy systems with CEGR technology
DTE Energy Technologies, a non-regulated subsidiary of DTE Energy Co., has launched a new line of ultra low-emission, high-efficiency, on-site energy systems using cooled exhaust gas recirculation (CEGR) engine technology.

AstroPower reduces workforce by ten percent
AstroPower, Inc. announced that it has reduced its workforce by approximately 10% through a layoff of 45 employees.

First GE Frame 6C gas turbine completes factory testing
The first Frame 6C gas turbine from GE Energy has successfully completed full-speed, no-load testing at the company's Belfort facility.

Areva closes Alstom T & D acquisition
French energy group Areva today signed the closing agreement for the final acquisition of Alstom's Transmission and Distribution activities having obtained regulatory approvals from the European Commission and other anti-trust authorities for the transaction.

UAE power company seeks developer for Fujairah project
The Union Water & Electricity Company (UWEC) has invited international power developers to submit by February 1, their expressions of interest for taking equity stake in its power generation and water desalination and transmission project at Qidfa in Fujairah, United Arab Emirates.

Reliant prepays $917 million of debt, cancels $300 million credit facility and gains flexibility to acquire assets
Reliant Resources Inc. has prepaid a total of $917 million of debt, cancelled a $300 million senior priority credit facility, which has never been used, and obtained an amendment to its bank credit facilities that will give the company greater flexibility to purchase selected generating assets to support its retail business in Texas.

El Paso Corp. prices final offering of common stock for Western Energy Settlement
El Paso Corp. announced that it has priced an offering of approximately 8.8 million shares of common stock at a public offering price of $8.35 per share.

Brian C. Griffin elected president of Clean Energy Systems
The Board of Directors of Clean Energy Systems, Inc. (CES) announced the election of The Hon. Brian C. Griffin as President and a member of its Board.

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