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Home > Company Index > Utilities > Independent Power Producers & Marketers > Green Mountain Energy Company

Green Mountain Energy Company
 NEWS FROM THE STANDARD
The Battle for Computer Associates
Jul 17 2001 10:30 AM PDT

GreenMountain.com May Get Greener
May 04 2000 05:28 PM PDT

 PROFILE
With a name referencing its mission rather than its location, Green Mountain Energy markets environmentally friendly electricity. Formerly GreenMountain.com, the company serves more than 100,000 customers in six states in the US where retail power markets have been deregulated, and plans to offer power in the rest of the US by 2005. Green Mountain Energy buys and resells "green" power generated from wind, solar, landfill and natural gas, and hydroelectric facilities. Most of its customers are residential, but the company also serves businesses such as Kinko's and Birkenstock. Chairman Sam Wyly leads the group of investors that controls Green Mountain Energy. Oil giant BP owns about 19% of the company.

 COMPETITION
Conectiv (CIV)
Exelon Corporation (EXC)
PG&E Corporation (PCG)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2.00
1-Yr. Sales Growth: 30.6%
Employees: 67
Revenue per employee: $29,850.75

 KEY PEOPLE
• Dennis W. Kelly
    CEO
• Richard J. Post
    CFO

 CONTACT INFO
3815 Capital of Texas Hwy. South, Ste. 100
Austin, TX 78704
US
Phone: 512-691-6100
Fax: 512-691-6151
Online: Web Site

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