Atco puts gas, electric retail units on block

Article Abstract:

Atco Ltd. is offering its electric and gas retail units for sale. The company said that it does not wish to compete in Alberta markets that will be opening up to competition.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Gas Utilities, Natural Gas Distribution, Gas Production and Distribution, Atco Ltd.

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Competition cops raided power firms

Article Abstract:

The Canadian Competition Bureau raided Enron Canada Corp.'s and Powerex Corp.'s offices as part of a price-fixing investigation. Both firms have denied any illegal activity.

Canada, Legal issues & crime, Investigations, Price fixing, Canada. Industry Canada. Competition Bureau, Enron Canada Ltd., Powerex Corp.

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U.S. power company plans $450-million plant in Calgary

Article Abstract:

US-based AES Corp plans to build a $450 million gas-fired electricity plant in Calgary, Alberta. Deregulation in the province has caused a major increase in power prices.

United States, Heavy construction, not elsewhere classified, Manufacturing and Industrial Building Construction, Energy Plant Construction, Construction industry, Prices and rates, Energy policy, Energy industries, Energy industry, AES Corp., AES, Calgary, Alberta

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