Reliant is set to acquire most of Sithe's assets

Article Abstract:

Reliant Energy Corp. will acquire the majority of Sithe Energies Inc.'s assets. The deal is valued at $2.1 billion (2.12 billion euros).

Reliant Energy Corp., Sithe Energies Inc.

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Merrill near deal to sell energy unit to Allegheny of U.S

Article Abstract:

Merrill Lynch and Co. is near a deal in which it would sell off its energy trading unit to Allegheny Energy Inc. Merrill is selling Global Energy Markets for almost $500 million (522 million euros) in cash.

Securities Dealers, Investment Banking and Securities Dealing, Security brokers and dealers, Securities industry, MER, Merrill Lynch & Company Inc., Allegheny Energy Inc., Global Energy Markets, AYE

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Unicom, Peco announce plans to merge

Article Abstract:

Peco Energy Co. has announced that it is merging its operations with Unicom Corp. The merger is valued at over $8 billion (7.66 billion euros) and will form one of the largest utilities combinations in history.

Electric Power Generating, Electric Power Generation, Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Unicom Corp., Energy industries, Energy industry, Public utilities, PECO Energy Co., PE

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