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Business 2004 P8



GE Energy completes acquisition of T & D business units
GE Energy announced Tuesday it has completed its acquisition of the assets of three business units of S.D. Myers, Inc. of Tallmadge, Ohio, a global leader in transformer and substation maintenance services.

Australian fuel cell firm establishes in Europe
Australia's Ceramic Fuel Cells Limited has established a presence in European order to market its efficient and clean energy-generating products using advanced solid oxide fuel cells.

First Chinese-Assembled 9FA Turbine Rolls Off Line
The first GE Frame 9FA gas turbine to be assembled in China under a technology transfer agreement with Harbin Power Equipment Company (HPEC) shipped on Friday, July 30, from HPEC's manufacturing facility in Qin Huang Dao, Heibei Province.

ArcLight Acquires ten Power Plants
Redwood II, a US company owned by ArcLight Capital Partners, LLC announced Wednesday that it has acquired ten power generation facilities from Redwood, LLC, a wholly owned subsidiary of John Hancock Life Insurance Company.

Areva strengthens its position in Spain
Framatome ANP has acquired Tecnimarse S.L., a nuclear service company located in Tarragona, Spain. The shares were transferred on July 28, 2004.

Windlogics teams up with Australian Power and Water
Wind energy in Australia received a boost with the announcement of the alliance between US-based WindLogics, Inc., one of the world's leading meteorological software and services providers, and Australian Power and Water Pty Ltd., a leading Australian renewable energy firm.

Siemens forms subsidiary for substation control and protection in China
Siemens Power Transmission and Distribution (PTD), has formed in China a subsidiary for the development and engineering of substation control and protection systems, with the aim of supplying the Chinese market with relevant products and being in a position to devise customized solutions locally.

El Paso Merchant Energy Announces Close of Sale on 10 Power Plants
El Paso Merchant Energy, a business unit of El Paso Corporation, has announced that on Friday, July 23, it closed the sale of 10 domestic power generation facilities for $28m to Redwood L.L.C., an affiliate of John Hancock Life Insurance Company and an equity partner in those facilities.

Flowserve and Wood Group Form North American service alliance
Flowserve Corp. and Wood Group Gas Turbine Services Holdings, Inc., part of the Gas Turbine Services division of John Wood Group PLC (Wood Group), have announced an alliance to deliver a wide range of field and shop-based services for the maintenance, repair and upgrade of pumps and related equipment throughout the United States and Canada.

NEGT Agrees to Sell Equity Interests in 12 Power Plants
America's National Energy & Gas Transmission, Inc. (NEGT), ArcLight Capital Partners, LLC and Caithness Energy, LLC yesterday announced a definitive agreement for Denali Power, LLC, a company formed by affiliates of ArcLight and Caithness, to acquire NEGT's equity interests in 12 power plants and a natural gas pipeline for approximately $558m, subject to certain post-closing adjustments as specified in the definitive agreement.

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