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Article: DUKE/LOUIS DREYFUS AND PUGET POWER SIGN ENERGY MEMORANDUM OF UNDERSTANDING
- Article from:
- PR Newswire
- Article date:
- July 28, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BELLEVUE, Wash., July 28 /PRNewswire/ -- Puget Sound Power & Light Company (NYSE: PSD) and Duke/Louis Dreyfus LLC today announced they have signed a memorandum of understanding (MOU) to pursue jointly bulk power supply and energy service opportunities in the Pacific Northwest. The alliance will identify opportunities to enhance Puget Power's wholesale power business and form a stand-alone energy services venture to serve energy users.
The energy services venture will offer electric distribution engineering, multiple fuels capability and supply, and administrative and customer services. The MOU represents a major step for Puget Power in carrying out the strategies ...