Annual Annual EPS
Close Close Percent 52-Wk 52-Wk Div Div Book P/E Last
Company Region 12/29/95 03/29/96 Change High Low Rate Yield Value Ratio 12 Mos.
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Centerior Plans to Fire Up Plants
Centerior Energy Co. (CE) has signed a power-marketing agreement with Citizens Lehman Power L.P. to make long-term power sales outside of CE's Northern Ohio service territories. CE will make available 550 megawatts of generating capacity from five presently idle fossil-fuel plants. This capacity will support the development of a number of "creative" wholesale power sales packages. The plants, owned by CE subsidiaries, are Cleveland Electric Illuminating Co.'s Lake Shore Plant and Toledo Edison's Acme Station. (em LB
W. Lynn Garner is senior writer and Lori A. Burkhart an associate legal editor of Public Utilities Fortnightly.
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