Business News Archive - February 13, 2008

TransAlta Corporation (TSX: TA) (NYSE: TAC) today announced plans to design, build and operate a 66-megawatt (MW) wind power project in southern Alberta. The capital cost of the project is estimated at $115 million. Commercial operations are expected to commence in the fourth quarter of 2009.

Research and Markets (http://www.researchandmarkets.com/reports/c82712) has announced the addition of Philippines Food, Beverages and Tobacco Market Forecast till 2011 to their offering.

Renegy Holdings, Inc. (Renegy) (NASDAQ: RNGY) announced today that its Snowflake White Mountain Power ("Snowflake") biomass plant is on schedule to begin commercial operations during the second quarter of 2008.

Global use of biotech crops increased again in 2007, with global biotech crop acreage reaching a historic 282 million acres in 23 countries, according to the International Service for the Acquisition of Agri-biotech Applications (ISAAA).

El Capitan Precious Metals, Inc. (OTCBB:ECPN) announced today that ECPN and Gold and Minerals Company, Inc. (G&M) have signed a merger agreement under which G&M will merge with a wholly owned subsidiary of ECPN, and G&M shareholders will receive ECPN common stock in exchange for their G&M stock.

Word of the Day
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.