PGW staggers beneath its debt
Article Abstract:
Philadelphia Gas Works' (PGW) debt is expected to exceed $1 billion before 2001 is over. The 41% increase in debt since 1990 arises mostly from long-term bonds issued by PGW, which will cost it some $90.9 million in interest payments in fiscal 2001.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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Indicted PGW aide surrenders
Article Abstract:
A former executive at Philadelphia Gas Works Co. has surrendered to authorities in connection with a grand jury indictment. George Martin, along with four other former PGW employees, has been accused of misusing company funds.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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New hike proposed for Phila. gas users
Article Abstract:
The Philadelphia Gas Works (PGW) will probably request an additional rate hike today. That, combined with earlier requests, would raise the average customer's annual bill almost 27%, from $1,000 to $1,267.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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