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...and Dynegy plans to do the same.

The Daily Deal

| December 18, 2001 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Houston energy company Dynegy Inc. said Monday it would sell $375 million in assets as part of a $1.2 billion capital restructuring program. The announcement follows a similar move by crosstown rival El Paso Corp. last week to sell $2.5 billion in assets. Energy companies have been under pressure by rating agencies to solidify their finances following Enron Corp.'s Dec. 2 bankruptcy. Dynegy officials also said Monday they would try to sell …

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