SureTrader Nadex Advertisement Interactive Brokers Advertisement SureTrader
Home > Boards > Free Zone > All Trading - Technical > The Hunt for the Next 10 Bagger

<u>CPTCQ 0004X0005 AEP Will Use CTC Global ACCC</u>

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
l2 hunter Member Profile
Member Level 
Followed By 3,696
Posts 129,964
Boards Moderated 4
Alias Born 02/21/11
160x600 placeholder
Singapore Fines Credit Suisse and Local Bank in 1MDB Inquiry
SINGAPORE -- Singapore's financial regulator imposed fines on two large banks including Credit Suisse AG as it concluded a two-year investigation into widespread antimoney-laundering failures throughout its financial system related to alleged misappropriations from Malaysian state fund 1MDB.
Top Company News of the Day
Top Company News of the Day
Singapore Fines Credit Suisse and Local Bank in 1MDB Inquiry
Top Company News of the Day
Top Company News of the Day
GOP's Proposed Tax Changes Are No Match for Status Quo -- Update
Goldman Sachs Under Fire for Venezuela Bond Deal
Kinder Morgan Canadian Pipeline Expansion Faces Setback
Top Company News of the Day
l2 hunter Member Level  Tuesday, 08/21/12 10:09:51 AM
Re: None
Post # of 623106 
CPTCQ 0004X0005 AEP Will Use CTC Global ACCC Conductor In Texas Project CTC Global has signed a purchase agreement with American Electric Power (AEP) for the delivery of over 1,665 miles of its proprietary ACCC conductor to be used in the 345 kV Valley reconductoring project in south Texas.

The project includes the replacement of two existing double-bundle 345 kV circuits, as well as an upgrade of substation facilities, at a total cost of $225 million. AEP says it selected CTC Global's ACCC conductor to increase line capacity without impacting clearances or requiring extensive tower modifications or replacement. The lines will remain energized during the reconductoring.

"We are excited to see the large-scale adoption of our ACCC conductor for such an important project," says Jason Huang, CEO of CTC Global.

Production of ACCC conductor for the first phase of the Valley project has already begun. Deliveries will begin in the third quarter of 2012 and continue into 2014


SureTrader
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist