Amadeusz Juskowiak

Hughes capital unit signs pact with bear stearns

HughesConserdyne Corp a unit of Hughes Capital Corp said it made Bear Stearns and Co Inc BSC its exclusive investment banker to develop and market financing for the design and installation of its microutility systems for municipalities

The company said these systems are selfcontained electrical generating facilities using alternate power sources such as photovoltaic cells to replace public utility power sources