Niagara Mohawk shareholders overwhelmingly approve merger with National Grid plc

“This transaction is a vote of confidence by National Grid in the upstate New York economy and demonstrates their commitment to support the region’s economic development,” said Niagara Mohawk Holdings Chairman and Chief Executive Officer William E. Davis. “National Grid is investing not only in Niagara Mohawk’s employees, infrastructure and assets; it is investing in the markets we serve and in the region’s economic vitality and future.”

Jan. 22, 2001–Tractebel Energy Marketing Inc., the North American trading and marketing unit of Tractebel SA, reported signing a 20-year agreement with American Electric Power Co. (AEP) to purchase the output from AEP’s planned 900 MW cogeneration plant at the Dow Chemical Co. complex in Plaquemine, La.

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