Originally posted by MrBillM
"For its wind and solar projects, Sempra Generation will SEEK renewable-energy-supply contracts with major utilities throughout the
southwestern United States and Mexico. The successful acquisition of long-term power contracts is necessary to ensure the development, construction
and operation of such large-scale projects".
"SHOULD Sempra Generation proceed with the development of La Rumorosa, the capital investment for the project is estimated at $400
million".
"This press release contains statements that are not historical fact and constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. When the company uses words like believes, expects, anticipates,
intends, plans, estimates or similar expressions, or when the company discusses its strategy or plans, the company is making forward-looking
statements. Forward-looking statements are NOT guarantees of performance. They involve risks, uncertainties and assumptions.
Future results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are
necessarily based upon various assumptions involving judgments with respect to the future and other risks, including, among others: local, regional,
national and international economic, competitive, political, legislative and regulatory conditions and developments; actions by the California Public
Utilities Commission, the California State Legislature, the California Department of Water Resources, the Federal Energy Regulatory Commission and
other regulatory bodies in the United States and other countries; capital markets conditions, inflation rates, interest rates and exchange rates;
energy and trading markets, including the timing and extent of changes in commodity prices; the availability of natural gas; weather conditions and
conservation efforts; war and terrorist attacks; business, regulatory, environmental, and legal decisions and requirements; the status of deregulation
of retail natural gas and electricity delivery; the timing and success of business development efforts; the resolution of litigation; and other
uncertainties, all of which are difficult to predict and many of which are beyond the control of the company. These risks and uncertainties are
further discussed in the company's reports filed with the Securities and Exchange Commission that are available through the EDGAR system without
charge at its Web site, www.sec.gov and on the company's Web site, www.sempra.com".
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Sure sounds like a lot of IF there.
Sort of like that Beef(?) Guy who was "Forward-looking" to build Wind-Generation all across the USA. What was that name ? T-Bone Something or other ?
Skeeter said you couldn't bet against that guy.
Oh yeah, T. BOONE P. That turned out to be just so much TP. Blowing in the Wind.
[Edited on 11-22-2009 by MrBillM] |