Peoples Energy, Hess Microgen Enter DG Agreement

January 13, 2003 by Jeff Shepard

Peoples Energy Resources Corp. (Chicago, IL), a subsidiary of Peoples Energy, announced a multi-year agreement under which the company will provide power supply systems at customer sites. Hess Microgen LLC (Carson City, NV) was chosen to supply the company with packaged distributed generation (DG) and cogeneration systems in a move that will give Peoples Energy an alternative way to effectively market electricity to commercial businesses in the Chicago region.

"We are pleased to partner with a leader in the distributed generation industry. Hess Microgen's comprehensive offering gives us the level of confidence needed to expand in this market," said William Morrow, president of Peoples Energy Resources. "This partnership ensures the continuation of the Peoples tradition of providing innovative, value-added solutions for our customers."