Article: Bethlehem Steel to Sell Land to Conectiv for Power Generating Plant.

BETHLEHEM, Pa., July 13 /PRNewswire/ --

Bethlehem Steel Corporation (NYSE: BS) has signed a letter of intent with Conectiv Energy Supply, Inc., Wilmington, Del., for the sale of a 30-acre parcel of land in the Bethlehem Commerce Center for the development of a 500-megawatt, natural gas-fired, combined cycle generating plant.

Duane R. Dunham, Bethlehem Steel Corporation's chairman, president and chief executive officer said, "The Conectiv project is a major step forward in the development of the Bethlehem Commerce Center. Coupled with the opening of the BethIntermodal rail facility last year, this project demonstrates that momentum is building for ...

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