The Ten Most Intriguing Business Decisions in the Post-Enron World.
10. Exelon throws in the towel on pebble bed ...
Exelon drops out of partnership studying the commercialization of pebble bed modular reactor nuclear technology. As the only U.S. utility considering PBMR, some predict Exelon's exit could put development of the technology on the backburner in the United States.
9. ... Exelon, Entergy, Dominion ready to do the rounds on traditional nuclear
Exelon, Entergy and Dominion this spring become the first companies to name sites for possible new nuclear plant construction under the Nuclear Regulatory Commission's early site processing. Entergy selects its Grand Gulf nuclear station, near Point Gibson, Miss., as a possible location for the construction of a new reactor, while Dominion announces that it might seek to expand its North Anna nuclear plant in Louisa County, Va. Exelon is eyeing its existing Clinton (Ill.) nuclear plant site for possible expansion.
8. AES wants out of Cilcorp marriage
Three years after acquiring it, AES agrees to sell Cilcorp to Ameren. AES says the sale will significantly contribute to its balance sheet in keeping with its commitment to improve its declining liquidity.
7. New-look Aquila goes hunting
UtiliCorp United swims against current by changing name to Aquila as part of strategy to convey the company's increased focus on energy trading and risk management. Still aware of the importance of assets, though, Aquila hits the M&A circuit and announces deal to buy power producer Cogentrix Energy, nearly doubling Aquila's capacity to generate power.