Offl Given Authority To End India Pwr Proj -Report
Bloomberg, 4/27/01

O'Brien and Bauman's Hot Stocks: YHOO ENE SFA YUM
Bloomberg, 4/27/01



Santa Clara County, Calif., Joins Lawsuit against Electric Suppliers
John Woolfolk
04/27/2001
KRTBN Knight-Ridder Tribune Business News: San Jose Mercury News - California
Copyright (C) 2001 KRTBN Knight Ridder Tribune Business News; Source: World 
Reporter (TM)

Santa Clara County agreed Thursday to join a lawsuit against power suppliers, 
alleging they conspired to raise prices and boost profits while subjecting 
consumers to higher bills and rolling blackouts. 
The county is the first to join the suit originally filed by San Francisco in 
January. The suit seeks refunds for consumers of more than $1 billion in 
alleged excess electricity profits.
"The San Francisco suit contains significant allegations of manipulation and 
collusion by the wholesalers, resulting in the disastrousin an interview yesterday 
that the company still expects to be paid by PG&E, since the power it 
provides under contract to the utilities and the state is much less expensive 
than if they voided the contract and sold the power on the spot market. 
"It makes sense and would be in the best interest of the utility and state to 
honor the contract," Curtis said. 
As it had last quarter, Calpine's announcement made no mention of runaway 
wholesale energy costs in California, which have severely damaged the state's 
leading utilities and are beginning to hurt the state government's finances. 
Rather, Calpine Chief Executive Officer Peter Cartwright, in a prepared 
statement, attributed the earnings growth to "the continued execution of 
Calpine's strategy to acquire and build low-cost generation