LCRA, AEP announce long-term agreement to improve transmission system reliability

At its meeting May 23, the LCRA Board of Directors authorized staff to negotiate a final agreement. The two organizations expect to execute the final agreement within the next few weeks.

CHARLOTTE, N.C., May 23, 2001 — GridSouth, the regional transmission company formed by Duke Energy, CP&L and SCANA Corporation, has named James D. Hinton the company’s Chief Operating Officer and Raymond A. Giuliani Jr. as Chief Financial Officer.

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