text_combined: aquila storage original message taylor gina sent thursday january 31 2002 2 53 pm gadd eric hyatt kevin subject fw clip fyi gina original message bwho mailto bwho bizwire com sent thursday january 31 2002 2 48 pm taylor gina subject clip press release utilicorp unit develop ariz facility ucu jan 31 15 20 bw mo aquila ucu aquila set develop arizona gas storage facility business editors kansas city mo business wire jan 31 2002 aquila wholly owned subsidiary utilicorp united nyse ucu announced today purchased red lake storage project southwest gas corporation purchase includes 36 000 acres approximately 30 miles north kingman arizona rights develop salt cavern storage facility along land aquila purchased water mineral rights necessary develop facility facility gas storage capacity 12 billion cubic feet bcf first phase facility storage capacity 6 bcf expected operation fourth quarter 2003 full 12 bcf planned fourth quarter 2004 facility connect pipelines operated el paso natural gas pipeline transwestern pipeline company aquila anticipates beginning open season facility within next seven ten days open season period company seeks storages commitments potential clients facility fits strategy build acquire assets enable us provide clients energy need encounter dramatic increases demand said ed mills president chief operating officer aquila facility positioned serve arizona power plants well facilities nevada california approximately 60 gas fired power plants arizona representing one largest single concentrations facilities united states southwest gas corporation pleased see red lakes storage project developed said ed zub executive vice president southwest gas corporation development project benefit states arizona nevada southwest gas corporation serves 1 1 million customers aquila currently owns one largest independent storage facilities southwest 21 bcf facility katy texas company also currently completing acquisition storage facility near lodi california provide gas frequently energy short cities northern california addition red lake storage project aquila one largest independent storage providers power plants local gas distribution companies southwest based kansas city aquila leading wholesaler natural gas power coal north america provider risk management services aquila also provides wholesale energy risk management services united kingdom germany scandinavia aquila wholly owned kansas city based utilicorp united international energy company 4 million customers across u canada united kingdom new zealand australia additional information available www aquila com contact mark cook 816 527 1369 30 lvd dx contact aquila media contact al butkus 816 467 3616 media relations 816 467 3000 investor contact ellen fairchild 816 527 1409 keyword missouri arizona california nevada united kingdom germany new zealand australia international europe asia pacific canada industry keyword energy oil gas utilities source aquila today news net business wire full file internet hyperlinks home page url http www businesswire com end dow jones news 01 31 02 03 20 pm company symbols ucu subject codes elc uec n djn n djwi n cnw n djwb n lng n prl n tpct n wei nnd tpx uti p nrg r mo r napw r nerc r nme r spp r us r usc pr excl