Puget Energy’s InfrastruX Group secures $150 million credit facility

“Putting this financing capability in place is a major step for InfrastruX as we pursue our goal of creating a billion dollar industry leader by 2004,” said John Durbin, InfrastruX chief executive officer.

Palo Alto, Calif., July 16, 2001 — Power outages and other power quality disturbances are costing the U.S. economy more than $119 billion annnually, according to a recently released study sponsored by EPRI’s (Electric Power Research Institute) Consortium for Electric Infrastructure to Support a Digital Society (CEIDS).

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