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DESTEC NAMES LARROUCAU CHIEF FINANCIAL OFFICER

 HOUSTON, March 22 /PRNewswire/ -- Destec Energy, Inc. (NYSE: ENG), a leading independent power producer based in Houston, announced today that Enrique M. Larroucau has been named vice president and chief financial officer. Larroucau succeeds Diane K. Mott, who has resigned for personal reasons.
 Larroucau, who has been serving as director of finance for Dow Latin America since 1981, has extensive international finance experience. During his 25 years with The Dow Chemical Company, he has served in a number of financial and management capacities, including controller for Dow's subsidiaries in Chile and Colombia, business development and planning manager for Dow Latin America and corporate financial operation's manager for Dow. Larroucau received a bachelor's degree in business administration from the University of Chile.
 "Since Destec's formation in 1989, our company has become a leader in the independent power industry in North America," said Charles F. Goff, president and CEO. "As we expand our strategy internationally, Enrique's experience and expertise in dealing with world financial markets will be most beneficial in helping to position Destec as a global industry leader.
 "Although we are pleased to welcome Enrique to Destec, we will miss Diane, who has provided outstanding leadership as our CFO since 1990," Goff continued. "We appreciate her many contributions to Destec's success."
 Destec is a major independent power company that develops, builds, owns and operates gas-fired power generation facilities that produce and sell electrical and thermal energy, as well as facilities that manufacture synthetic fuel gas for use in energy production. Destec has interests in 13 operating projects with a total rated equivalent capacity of more than 1,390 megawatts of electricity and over 2 million pounds per hour of steam. Destec presently has two facilities, representing 724 megawatts of capacity, under construction. In addition, Destec currently markets more than 425 megawatts of electricity cogenerated by The Dow Chemical Company.
 -0- 3/22/93
 /CONTACT: Marvin L. Brown Jr. of Destec Energy, Inc., 713-735-4215/
 (ENG)


CO: Destec Energy, Inc. ST: Texas IN: UTI SU: PER

SM -- NY062 -- 8237 03/22/93 12:13 EST
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Publication:PR Newswire
Date:Mar 22, 1993
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