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ELP Volume 77 Issue 6

Conectiv bets future on competition

Utilities fall into two general categories when positioning for the industry`s restructuring: Those who embrace change and those who don`t. Conectiv of Wilmington, Del., is among the former.

Duke walks; Enersis takes Endesa

The bidding war between Duke Energy and Chile`s Enersis began shortly after Duke`s February 18 announcement stating its intent to acquire 51 percent control of Empresa Nacional de Electricidad S.A. (Endesa-Chile), offering 250 Chilean pesos per share.