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Home > Company Index > Utilities > Diversified Utilities > PowerGen plc

PowerGen plc
NYSE: PWG
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 NEWS FROM THE STANDARD
Safeway Shoppers Hit by E-Mail Hoax
Aug 14 2000 05:38 AM PDT

Six U.K. Organizations Join Utilities Portal
May 10 2000 08:16 AM PDT

 PROFILE
PowerGen keeps the lights on and the heaters running for its UK and US electric and gas customers. One of the largest electricity generators and distributors in the UK, PowerGen has a generating capacity of 7,500 MW and owns PowerGen Energy, a regional electric company with 2.4 million residential and business customers. The group also sells gas to retail customers and trades wholesale energy in the UK. In the US, subsidiary LG&E Energy generates (8,300 MW) and distributes electricity and gas to 1.1 million customers. PowerGen is selling most of its independent power plant interests in Asia, Australia, and Europe, as well as some other noncore businesses. German utility giant E.ON has agreed to buy PowerGen.

 COMPETITION
Centrica plc (CNA)
Scottish Power plc (SPI)
TXU Europe Group plc (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,266.00
1-Yr. Sales Growth: 3.5%
Employees: 11,742
Revenue per employee: $533,639.93

 KEY PEOPLE
• Nick Baldwin
    CEO
• Peter Hickson
    CFO

 CONTACT INFO
53 New Broad St.
London EC2M 1SL, United Kingdom
Phone: 44-20-7826-2826
Fax: 44-20-7826-2890
Online: Web Site

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