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Home > Company Index > Utilities > Diversified Utilities > NewPower Holdings, Inc
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NewPower Holdings, Inc |
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NEWS FROM THE WIRES |
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Texas electric deregulation program gets delayed Aug 17 2001 01:35 PM PDT
Chicago Mercantile Exchange plans to go public Aug 07 2001 12:56 PM PDT
Newpower Q2 loss widens on mild weather, charges Aug 07 2001 06:58 AM PDT
Northeast utilities on track to form RTO - PJM chief Jul 24 2001 01:25 PM PDT
NewPower complains to FERC about PJM ICAP charges Jul 20 2001 11:26 AM PDT
> More WIRE STORIES about this company
PROFILE |
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This new kid on the block is no neighborhood utility. Through its subsidiary The New Power Company, NewPower Holdings (formerly TNPC) aims to be the first national provider of electricity and natural gas to residential and small business customers. Enron formed the company to compete in the US's deregulating utility markets. So far the firm has gained more than 630,000 customers, mostly in Pennsylvania, New Jersey, Ohio, and Georgia, and is entering markets in other states. The firm gains customers through direct marketing or bulk acquisitions from other utilities; it also has marketing and information technology agreements with AOL Time Warner and IBM. Enron owns about 44% of NewPower Holdings.
COMPETITION |
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Exelon Corporation (EXC)
FirstEnergy Corp. (FE)
Public Service Enterprise Group Incorporated (PEG)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 84.10
1-Yr. Sales Growth: 978.2%
Employees: 121
Revenue per employee: $695,041.32
KEY PEOPLE |
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H. Eugene Lockhart
CEO
William I. Jacobs
CFO
CONTACT INFO |
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1 Manhattanville Rd.
Purchase, NY 10577
US
Phone: 914-697-2100
Fax: 914-697-2101
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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