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ALLEGHENY ENERGY v. VIRGINIA ELEC. AND POWER CO.

No. Civ. Y-98-1786.

70 F.Supp.2d 607 (1999)

ALLEGHENY ENERGY, INC. v. VIRGINIA ELECTRIC AND POWER COMPANY.

United States District Court, D. Maryland.

October 13, 1999.

Attorney(s) appearing for the Case

William J. Murphy, Baltimore, Maryland, John J. Connolly, Baltimore, Maryland, for plaintiff.

John Jay Range, Washington, D.C., Virginia W. Powell, Richmond, Virginia, for defendant.

MEMORANDUM OPINION

JOSEPH H. YOUNG, Senior District Judge.

I. Factual Background

Allegheny Energy, Inc. ["Allegheny"] and Virginia Electric and Power Company ["Virginia Power"] are electric utilities operating in several states in the Mid-Atlantic. In June 1981, the two companies entered into a Project Construction and Purchase Agreement ["Project Agreement"] whereby Allegheny became an equity investor...

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