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  September 5, 2001
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Home > Company Index > Utilities > Diversified Utilities > NewPower Holdings, Inc

NewPower Holdings, Inc
NYSE: NPW
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 NEWS FROM THE WIRES
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
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
Exelon Corporation (EXC)
FirstEnergy Corp. (FE)
Public Service Enterprise Group Incorporated (PEG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
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
• H. Eugene Lockhart
    CEO
• William I. Jacobs
    CFO

 CONTACT INFO
1 Manhattanville Rd.
Purchase, NY 10577
US
Phone: 914-697-2100
Fax: 914-697-2101
Online: Web Site

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