Gas buy 'a great day for MUD'.

From: Omaha World-Herald (Omaha, NE) | Date: March 6, 2007 | Copyright information

Byline: Nancy Gaarder

Mar. 6--A small consortium of Midwestern utilities, of which Metropolitan Utilities District is the largest member, has secured what MUD says is a remarkably low price for natural gas.

MUD estimates it will save $58.3 million over the next 20 years because of its first purchase through the Central Plains Energy Project. A second purchase is planned for November.

The savings comes from the bulk purchase of gas made possible by issuing $529.1 million in tax-exempt bonds.

MUD, Hastings (Neb.) Utilities and Cedar Falls (Iowa) Utilities formed ...

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