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Business 2006 P7



PacifiCorp purchases Leaning Juniper 1 Wind Project
PacifiCorp has purchased from PPM Energy the Leaning Juniper 1 wind energy generation facility that will have a generating capacity of 100.5 MW once completed.

BKW increases activities in Italy
Swiss utility BKW FMB Energy (BKW) has acquired a 40 per cent stake in STC S.p.A. of Forlì near Bologna, Italy - a leader in the construction of complementary industrial heat/electricity combination plants and biomass plants.

ABB Q2 profits rise
ABB today reported a sharp increase in orders and profitability for the second quarter of 2006. Earnings before interest and taxes (EBIT) increased to $640m from $371m in the same quarter a year ago, reflecting good growth in the two product divisions (power & automation), and yielding an EBIT margin of 10.7 per cent.

Siemens extends I&C deal with Doosan
Earlier this week the South Korean company Doosan Heavy Industries & Construction and Siemens Power Generation (PG) signed an agreement for the supply of instrumentation & Control (I&C) equipment for a further five years.

Ivara partners with MRO Software to provide advanced equipment reliability
Asset reliability solutions provider Ivara Corporation has joined the MRO Software Complementary Solution Partner programme. MRO Software is a provider of asset and service management solutions.

Westinghouse completes purchase of PaR Nuclear
Westinghouse Electric Co. announced that it has completed the purchase of the minority interest in its fuel handling equipment and outage critical cranes subsidiary, PaR Nuclear.

CMS Energy sells stakes in Michigan cogeneration plant
Consumers Energy, subsidiary of CMS Energy, has reached an agreement to sell the utility's interests in the 1,500-MW Midland Cogeneration Venture to GSO Capital Partners and Rockland Capital Energy Investments for $60.5 million.

Voith Siemens Hydro acquires VG Power
Voith Siemens Hydro Power Generation yesterday announced that an agreement had been reached for the company to acquire of a majority share in Swedish firm VG Power. VG Power designs and manufactures new generators for hydro power plants and undertakes modernization of existing plants, mostly in the Scandinavian market.

Northeast Utilities sells 15 plants to Energy Capital Partners
Northeast Utilities and Energy Capital Partners have agreed to purchase NU's competitive generation assets in Connecticut and Massachusetts, US, for $1.34 billion.

India's KEC to undertake transmission projects in Kazakhstan and UAE
India's KEC International Ltd has won orders worth Rs5.2bn ($111.2m) from Kazakhstan Electricity Grid Operating Company and Abu Dhabi Water and Electricity Company (ADWEA).

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