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Home > Company Index > Utilities > Electric Utilities > Hidroeléctrica Del Cantábrico, S.A.

Hidroeléctrica Del Cantábrico, S.A.
 NEWS FROM THE WIRES
Hayes Lemmerz names Clawson as CEO
Aug 02 2001 06:00 AM PDT

More WIRE STORIES about this company

 PROFILE
Hidroeléctrica del Cantábrico (Hidrocantábrico) is powering up to take on the deregulated Spanish energy market. One of Spain's leading utilities, Hidrocantábrico provides electricity to more than 530,000 customers and gas to more than 126,000, primarily in the province of Asturias. Fossil fuel power plants account for most of its 2,150 MW-generating capacity; it also uses hydroelectric and nuclear sources. Deregulation has spurred the utility to establish its own energy trading and marketing operations. Hidrocantábrico also has some 161,000 cable TV and telecom customers. German utility Energie Baden-Württemberg beat other companies to win the right to purchase a majority stake in Hidrocantábrico.

 COMPETITION
Endesa S.A. (ELE)
Iberdrola S.A. (IBE)
Unión Eléctrica Fenosa, S.A. (UNF)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,098.10
1-Yr. Sales Growth: 46.6%
Employees: 1,283
Revenue per employee: $855,884.65

 KEY PEOPLE
• Manuel Menendez
    CEO
• Manuel Amado Fernández Suárez
    CFO

 CONTACT INFO
Plaza de la Gesta, 2
33007 Oviedo, Spain
Phone: 34-98-523-03-00
Fax: 34-91-431-80-38
Online: Web Site

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