Date: Thu, 20 Nov 1997 19:15:57 GMT Server: NCSA/1.5.2 Last-modified: Mon, 24 Feb 1997 22:16:26 GMT Content-type: text/html Content-length: 2819
FOR IMMEDIATE RELEASE
October 1, 1996
Southern Electric Joins Zeigler, Fairview
Heights, Ill., October 1, 1996 Zeigler Coal Holding Company (NYSE:
ZEI) confirmed today that Southern Electric International, Inc. has joined in
the offer by NRG Energy and Zeigler to purchase the non-nuclear assets of Cajun
Electric Power Cooperative of Baton Rouge, La. The newly combined offer was
incorporated in an amended plan filed by the Cajun trustee in bankruptcy court
yesterday. Under the plan, the assets would be acquired by Louisiana
Generating, LLC, which would be owned by affiliates of Southern Electric, NRG
Energy and Zeigler. Southern Electric will be withdrawing the competing plan it
filed June 26.
|
|
Zeigler Family of Companies |
Products and Services |
|
Investor Information |
Zeigler in the News |
Industry Information |
|
Home
|