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Article: Integrys Energy Services Exits Natural Gas and Electric Marketing Businesses in Canada.
- Article from:
- PR Newswire
- Article date:
- September 21, 2009
CopyrightCOPYRIGHT 2009 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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Sale of natural gas storage contract completed; sale of natural gas and electric power contract portfolio closed Transactions reduce Integrys Energy Group's collateral support requirements by approximately $300 million
CHICAGO, Sept. 21 /PRNewswire-FirstCall/ -- Integrys Energy Group, Inc. today announced that Integrys Energy Services of Canada Corp., a subsidiary of its nonregulated subsidiary, Integrys Energy Services, Inc., has closed its transaction to sell nearly all of its Canadian natural gas and electric power contract portfolio to Shell Energy North America (Canada) Inc., a subsidiary of Shell Energy North America (US). Effective October 1, 2009, these ...