California style shock threatens Nevada, Sierra Pacific chief says

Sierra Pacific and Nevada Power Co. CEO Walt Higgins warned regulators need to act rapidly to avoid being “engulfed by the financial and operational chaos” of the California energy market. He said action is needed to correct imbalances between wholesale power costs and retail prices.

HOUSTON, Jan. 30, 2001 (PRNewswire) — Dynegyconnect, L.P., a subsidiary of Dynegy Inc. (NYSE: DYN), a provider of energy and communications solutions based in Houston, Texas, today announced a network services agreement with Level 3 Communications, Inc. (Nasdaq: LVLT).

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