“We are investing in our collective future. Investing in new, leading edge energy technologies such as those that are green, small and distributed complements our core business of electricity generation, and it builds on our power technology expertise. Investments like these position us for continued growth and success and respond to our customers’ needs,” said Ron Osborne, President and CEO of Ontario Power Generation.
HAGERSTOWN, Md., March 22, 2001–Allegheny Energy, Inc. announced today that its electric generation subsidiary, Allegheny Energy Supply Company, LLC, has signed a long-term, fixed-price power sales agreement with the California Department of Water Resources (CDWR), the electricity buyer for the state of California. The $4.5-billion contract is for a 10-year period.