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Home > Company Index > Utilities > Electric Utilities > British Energy plc

British Energy plc
NYSE: BGY
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 PROFILE
After the UK privatized its nuclear power industry in the mid-1990s, British Energy emerged as one of the nation's largest electricity generators. It is the holding company for British Energy Generation, which produces about 20% of the UK's power through its eight nukes in Scotland and England (total capacity is 9,600 MW). British Energy also has a stake in a gas-fired power plant and has acquired a coal-fired plant. To focus on wholesale supply, it has sold its Wales-based SWALEC electricity and gas supply businesses to Scottish and Southern Energy. British Energy also is involved in a joint venture (AmerGen Energy) with PECO Energy that acquires and operates nuclear power plants in North America.

 COMPETITION
International Power plc (IPR)
PowerGen plc (PWG)
TXU Europe Group plc (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 3,008.20
1-Yr. Sales Growth: (8.3)%
Employees: 5,247
Revenue per employee: $573,318.09

 KEY PEOPLE
• Robin Jeffrey
    CEO
• Michael Kirwan
    CFO

 CONTACT INFO
10 Lochside Place
Edinburgh EH12 9DF, United Kingdom
Phone: 44-131-527-2000
Fax: 44-131-527-2277
Online: Web Site

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