Date: Thu, 20 Nov 1997 19:12:33 GMT Server: NCSA/1.5.2 Last-modified: Mon, 24 Feb 1997 22:16:25 GMT Content-type: text/html Content-length: 2474
Zeigler, whose coal annually fuels more than 50 billion
kilowatt hours of power in the United States, or nearly 2 percent of all
domestic electricity, is pursuing power and energy-related projects both
domestically and overseas. The company seeks to leverage its core competencies
and twin strategies to align with customers and growing along the chain of
economic value for electricity.
Consistent with these strategies, Zeigler and two other subsidiaries of
major electric utility holding companies currently have a $1.1 billion joint bid
pending to purchase out of bankruptcy the non-nuclear assets of Cajun Electric
Power Cooperative, Inc. of Baton Rouge, Louisiana. Joining Zeigler in the bid
are NRG Energy, Inc., the non-regulated affiliate of Minneapolis-based Northern
States Power Company, and Southern Energy International, a subsidiary of
Southern Companies.
Zeigler also recently announced the launch of
EnerZ Corporation, which has been established to
take advantage of emerging market opportunities growing out of utility
deregulation.
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