PEARL RIVER, N.Y.,
(Logo: http://www.newscom.com/cgi-bin/prnh/20061206/MILLPIPELINE )
'We are pleased to add these accomplished executives to our management
team as we move toward completing construction of the pipeline,' said
Millennium
Kruse will be responsible for overseeing all legal, regulatory compliance, records management and partnership activities. He joins Millennium after serving as Assistant General Counsel at NiSource Inc. where he provided legal representation in the areas of SEC compliance, corporate formation and joint ventures as well as issuance of public debt and equity. Prior to joining NiSource, Kruse was a partner in the law firm, Schiff Hardin & Waite.
Turner will be responsible for the overall financial, regulatory and human resource activities of the Company. A Certified Public Accountant (CPA), he established a financial consulting firm in 2001 providing services related to strategic planning, valuation modeling and financial and cash flow projections. Prior to operating his own firm, Turner was Vice President, Finance at United Water Resources, a water services company with regulated utility operations. His prior experience also includes public accounting where among his many assignments, he was responsible for financial audits of gas and electric utilities.
For more information, please visit the Millennium website at www.Millenniumpipeline.com
The Millennium Pipeline is anchored by its customers KeySpan Energy,
Consolidated Edison of New York, Central Hudson Gas and Electric Corporation
and Columbia Gas Transmission Corporation. Millennium will serve markets
along its route in the Southern Tier and lower Hudson Valley as well as
providing essential service to the
For Additional Information:
Media Contacts:
Millennium Pipeline Company, L.L.C. Mike Armiak (845) 620-1300
NiSource Inc. Brent Archer (703) 227-3218
DTE Energy Lorie Kessler (313) 235-8807
National Grid Diana Parisi (516) 545-5052
About NiSource, National Grid and DTE Energy:
NiSource Inc. (NYSE: NI), based in Merrillville, Ind., is a Fortune 500 holding company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource operating companies deliver energy to 3.7 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England. Information about NiSource and its subsidiaries is available via the Internet at www.nisource.com.
National Grid is an international electricity and gas delivery company and one of the largest investor-owned energy companies in the world. In the US, National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New Hampshire, New York and Rhode Island, and manages the electricity network on Long Island under an agreement with the Long Island Power Authority. National Grid is the largest power producer in New York State, owning 6,650 megawatts of electricity generation that provides power to over one million customers on Long Island and supplies roughly a quarter of New York City's electricity needs. It is also the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in New York, Massachusetts, New Hampshire and Rhode Island. National Grid owns the high-voltage electricity transmission network in England and Wales. It also owns and operates the high pressure gas transmission system in Britain and its distribution business delivers gas to 11 million homes and businesses. Information about National Grid is available at www.nationalgrid.com.
DTE Energy is a Detroit-based diversified energy company involved in the
development and management of energy-related businesses and services
nationwide. Its largest operating units are
Forward-looking statements:
This news release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to various risks and uncertainties. The factors that could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed herein include, among others things, risks associated with contract termination rights, increased competition in deregulated energy markets, weather, fluctuations in supply and demand for energy commodities, growth opportunities, dealings with third parties over whom Millennium has no control, actual operating experience, the regulatory process, regulatory and legislative changes, changes in general economic, capital and commodity market conditions, and counter-party credit risk, many of which are beyond the control of Millennium. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Millennium does not undertake any obligation to publicly release any revision to these forward-looking statements to reflect events or circumstances after the date of this news release.
SOURCE Millennium Pipeline Company, LLC