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Malaysian energy group YTL Power International said its subsidiary, YTL Utilities Ltd., agreed to buy Wessex Water, one of bankrupt Enron Corp.'s largest European investments. The $777 million deal, ...

American Water Works Co. has agreed to acquire Azurix Corp.'s Azurix North America Corp. unit for an undisclosed amount. Houston-based energy firm Enron Corp. acquired Azurix Corp. in March. American ...

The Houston City Council approved a $104 million contract for the Northeast Water Purification Plant with Montgomery Watson Constructors of California. The contract for the Lake Houston plant needed ...

FAIRHAVEN -- In a letter faxed to Town Hall late Friday, Azurix North America told Fairhaven officials it would defend itself vigorously against charges that it failed to meet "prescribed effluent ...

FAIRHAVEN -- One might think that the sudden death last week of the plan to build a sewage sludge processing plant here would be cause to celebrate for the residents who fought to keep the facility ...

HOUSTON (AP) – Enron s crash is being tracked back to deceptive accounting and unbridled deal-making that were part of the company s culture for years. Had anyone paid more attention, they could have ...

HOUSTON – Enrontried to do an end-run around accounting rules by dropping a plan to sell assets in a failed water business for a $1 billion growth strategy, instead, a former accountant who handled ...

RWE, the German utility group, is eyeing up Azurix, the troubled water business whose main asset is Wessex Water. RWE, which last year bought Thames Water for £4.3bn, is said to be keen to expand its ...

AZURIX, the Enron subsidiary that owns Wessex Water, has appointed investment bank Schroder Salomon Smith Barney to handle the sale of the £1.2 billion Bath-based water supplier. Wessex was expected ...

Enron's Azurix Corp. reached a deal to sell its U.K.-based Wessex Water, the cornerstone of Enron's failed attempt to build a thriving water business, to a Malaysian company for $777 million in cash.