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CAITHNESS WELCOMES NEW APPOINTEES TO CALIFORNIA ENERGY COMPANY

 CAITHNESS WELCOMES NEW APPOINTEES TO CALIFORNIA ENERGY COMPANY
 NEW YORK, Jan. 10 /PRNewswire/ -- Caithness Corporation today announced that it is working with Walter Scott and Richard Jaros, newly appointed chairman and president, respectively, of California Energy Company, Inc. (AMEX: CE), a San Francisco-based developer and operator of geothermal electric energy projects.
 Scott and Jaros will be responsible for the operation of the 240 megawatt geothermal energy project in Coso, Calif., in which Caithness is a joint venture partner with California Energy.
 California Energy's former chairman and president, David Sokol, previously announced that he will be joining JWP Inc., a technical- services company based in Purchase, N.Y., as president and chief operating officer.
 Caithness has enjoyed a productive and positive working relationship with California Energy and also over the past year with Peter Kiewit & Sons, which acquired a controlling interest in California Energy and a management role in the operation of the Coso geothermal project.
 Caithness Corporation, based in New York, is a privately owned merchant banking firm involved in the development of alternative energy, environmental and resource projects worldwide.
 -0- 1/10/92
 /CONTACT: James D. Bishop, chairman and CEO of Caithness, 212-921-9099, or Stuart Carlisle of Dewe Rogerson, 212-688-6840, for Caithness/
 (CE) CO: Caithness Corporation; California Energy Company Inc. ST: New York, California IN: UTI SU: PER


CK-KW -- NY025 -- 8585 01/10/92 11:13 EST
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Publication:PR Newswire
Date:Jan 10, 1992
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