Utilicorp expects 300 percent increase in second-quarter earnings

This compares to $.31 per share or $29.3 million in net income in the 2000 second quarter. Weighted average diluted shares were 118.5 million for the quarter, compared to 93.0 million shares a year earlier. The estimate exceeds analyst First Call second-quarter earnings forecasts of $.37 per share.

BURLINGTON, Vt., July 19, 2001 – Hydro-Quebec and 15 Vermont utilities announced today they have agreed to a final settlement of a contract dispute that arose after power and energy deliveries to Vermont from Quebec were interrupted during an ice storm in January 1998.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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