Attala Generating Plant Begins Commercial Service.Business Editors MCADAMS, Miss.--(BUSINESS WIRE)--June 18, 2001 PG&E Corporation's (NYSE NYSE See: New York Stock Exchange :PCG PCG phonocardiogram. ) National Energy Group announced today that its Attala Generating Plant entered commercial service this morning. The new power plant, located in central Mississippi's Attala County roughly 75 miles north-northeast of Jackson Jackson. 1 City (1990 pop. 37,446), seat of Jackson co., S Mich., on the Grand River; inc. 1857. It is an industrial and commercial center in a farm region. , is capable of producing 500 megawatts of electricity, enough to power about half-a-million homes. The combined-cycle, natural gas-fired power generating facility is a "merchant" plant, selling electricity competitively to the region's various utilities and other purchasers via the Energy transmission lines. The Attala Generating Plant was completed ahead of schedule. Since construction began in March 2000, Attala Generating has contributed more than $50 million to the region's economy in wages, subcontracts and local purchases. The plant currently employs 26 people. Attala Generating Company, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , is a wholly owned, indirect subsidiary of PG&E National Energy Group, which develops, owns and operates electric generating and gas pipeline facilities and provides energy trading, marketing and risk-management services. The National Energy Group is headquartered in Bethesda, Md. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding the future performance of PG&E National Energy Group and its businesses. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially. Some of the factors that could cause actual results to differ materially include: (i) changes in government regulations, including federal and state regulation of the electric energy industry; (ii) operations of plants that may be interrupted in·ter·rupt v. in·ter·rupt·ed, in·ter·rupt·ing, in·ter·rupts v.tr. 1. To break the continuity or uniformity of: Rain interrupted our baseball game. 2. or prevented because of various operation risks, such as a failure to obtain or maintain necessary permits or equipment, the failure of third-party contractors to perform their contractual obligations, or an inability to obtain equipment, services or labor on acceptable terms; (iii) development of lower cost generation or supply alternatives; (iv) fluctuations in natural gas and electricity prices and the ability to successfully manage such price EDITORS: Please do not use "Pacific Gas and Electric" or "PG&E" when referring to PG&E Corporation or its National Energy Group. The PG&E National Energy Group is not the same company as Pacific Gas and Electric Company
The Pacific Gas and Electric Company (PG&E) , (NYSE: PCG), is the utility that provides natural gas and electricity to most of Northern California. , the utility, and is not regulated by the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, . Customers of Pacific Gas and Electric Company do not have to buy products or services from the National Energy Group in order to continue to receive quality regulated services from Pacific Gas and Electric Company. |
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