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American National Power makes announcement.


formation of ANP ANP atrial natriuretic peptide.

ANP

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 ENERGY DIRECT - a power marketing organization. Joseph Fitzpatrick a Senior Vice President of ANP said; "This announcement is part of ANP's effort to become the leading generator of low cost power in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

ANP is a subsidiary of National Power PLC, the largest power generator in the United Kingdom. The combination of our U.S. asset base and the ability to use National Power's expertise as a generator and power marketer in the deregulated United Kingdom market gives Energy Direct a large competitive advantage in serving retail electric markets." ANP also announced that Fitzpatrick has been named to lead ANP Energy Direct. Fitzpatrick is a former President of EUA EUA Examination under anesthesia, see there  Cogenex and a former Secretary of Energy for the Commonwealth of Massachusetts Massachusetts (măsəch`sĭts), most populous of the New England states of the NE United States. .

ANP Energy Direct will be located in Lowell, Massachusetts Lowell is a city in Middlesex County, Massachusetts, USA. As of the 2000 census, the city had a total population of 105,167. It is the fourth largest city in the state. It and Cambridge are the county seats of Middlesex County.  where three experienced marketing professionals are in place. "We have already commenced operations and have signed customer agreements," Fitzpatrick noted. Fitzpatrick also said, "Energy Direct is really an extension of our very strong commitment to the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt.  market which will be the base for a national marketing effort. The New England states have emerged as a national leader in the drive to lower power rates for their citizens. This was an important part of our decision to locate Energy Direct in Massachusetts."

Fitzpatrick concluded, "ANP is actively pursuing development and acquisition opportunities to expand its U.S. generation base. The financial strength of National Power together with ANP's strong U.S. management team will allow us to play a major role as a partner with U.S. utilities and as an acquirer of utility generation assets as the United States power markets continue to be restructured. ANP Energy Direct is a vital piece of that effort."

Headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
, American National Power, Inc. develops, acquires, owns and operates generating facilities in the Americas. The Company has ownership interests in five facilities comprising approximately 1,400 MW of gross generating capacity. ANP Energy Direct Company is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of ANP.

ANP is a wholly-owned subsidiary of National Power PLC, the leading power generator in the United Kingdom with over 20,000 MW generating capacity. National Power develops, acquires, owns and operates power plants worldwide.

The Web Home Page address is: http://www.anpower.com/energydirect.

CONTACT: American National Power

Bill J. Henson

(508) 452-2749

Carmina Palomino-Garcia

(713) 613-4379

Fax: (508) 458-4287 / (713) 613-4303
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 16, 1996
Words:401
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