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Home > Company Index > Utilities > Electric Utilities > Light Serviços de Eletricidade S.A.

Light Serviços de Eletricidade S.A.
 PROFILE
Light Serviços de Eletricidade (Light), an integrated electric utility company, provides power to 2.9 million residential, commercial, and industrial customers in the state of Rio de Janeiro. By acquiring a controlling stake in Electropaulo, Light also serves another 4.5 million customers in the São Paulo metropolitan area. The company generates less than a quarter of its own electricity; it buys the rest from government-owned Furnas (about half) and Itaipu (one-third). Light has formed a telecommunications subsidiary to provide service through a fiber-optic network built along its transmission system. Now controlled by US and French interests, Light was founded by a Canadian group in the late 19th century.

 COMPETITION
American Electric Power Company, Inc. (AEP)
EDP - Electricidade de Portugal, S.A. (EDP)
Centrais Eletricas Brasileiras S.A. - ELETROBRAS (CAIFY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,300.50
1-Yr. Sales Growth: (26.2)%
Employees: 6,363
Revenue per employee: $204,384.72

 KEY PEOPLE
• Michel Gaillard
    CEO
• Edezio Quintal
    CFO

 CONTACT INFO
Avenida Marechal Floriano, 168
20080-002 Rio de Janeiro, Brazil
Phone: 55-21-211-7171
Fax: 55-21-211-4401
Online: Web Site

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