Composite Power acquires coal gas and oil reserves

“With the acquisition of these reserves, Composite Power will be able to provide a stable fuel supply for the life of the generators and beyond at competitive costs,” said Roger McCombs, CPC founder and CEO. “Not only will the reserves bring environmentally-friendly power to a larger market at competitive prices, but they are ideally positioned to produce power at even lower, firm costs to markets within 500 miles including Los Angeles, Denver, Phoenix, Salt Lake City, and Las Vegas.”

SAN FRANCISCO, Calif., Oct. 18, 2000 (The San Francisco Chronicle)–The process of a possible city takeover of Pacific Gas and Electric Co.’s power distribution system in San Francisco took a small step forward yesterday when a commission designed to look into the idea held its first meeting.

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