California’s Davis agrees to buy SDG&E’s transmission system

HOUSTON, June 19, 2001 — California Gov. Gray Davis said he reached an agreement for the state to buy San Diego Gas & Electric Co.’s transmission system for 2.3 times book value in a deal worth about $1 billion.

LITTLE ROCK, Ark., June 19, 2001 — ThermoEnergy Corporation recently announced the successful conclusion of the STORS 2000 Demonstration Project sponsored by the United States Environmental Protection Agency.

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