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From the Vault · The magazine years
From the Vault · 1997

The Quiet Contracts: Enron's Southern Utility Plays

A Houston trading desk has spent two years buying long-dated capacity from Southeastern utilities. The utilities are only beginning to notice.

By Staff, Pulse Chronicles archive
HOUSTON · November 1, 1997
19 min read
Pulse Chronicles, Vol. XIX, No. 11, November 1997 — finalist, National Magazine Award for Reporting, 1998

In a windowless room on the thirty-second floor of a Houston office tower, a small trading desk has spent the past two years buying long-dated power-capacity contracts from utilities across the American Southeast.

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