PROFILE |
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Utility holding company CILCORP is swimming in deep water these days. CILCORP, a subsidiary of international energy leviathan AES, is moving into uncharted seas now that Illinois utility markets are being deregulated. Its main subsidiary, Central Illinois Light Co. (CILCO), produces 1,200 MW of electricty through two coal-fired power plants. It distributes electricity to 190,000 customers over a 3,700-sq.-mi. area in central and east-central Illinois. CILCO also purchases natural gas, delivering it to about 196,000 customers in a 4,500-sq.-mi. area. The company has been shedding noncore businesses (oil production, environmental services, and telecommunications) to concentrate on utility operations.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 723.50
1-Yr. Sales Growth: 24.6%
Employees: 990
Revenue per employee: $730,808.08
KEY PEOPLE |
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Leonard M. Lee
CEO
Thomas D. Hutchinson
CFO
CONTACT INFO |
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300 Liberty St.
Peoria, IL 61602
US
Phone: 309-677-5230
Fax: -
Online: Web Site
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