Peoples Energy Commits $5 Million to EnerTech Partners II L.P.

“Our investment in EnerTech reflects our confidence in the fund’s support of emerging energy technologies,” said Tom Patrick, Peoples Energy president and COO. “The investment complements our strategy of building our utility base and growing diversified businesses. The opportunities that we expect to arise out of the investment will provide stimulus for earnings growth through strategic investments in technology in the future.”

WASHINGTON–The National Energy Marketers Association (NEM) is urging Congress and State PUCs to help fight the recent price volatility in wholesale energy markets.

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