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Home > Company Index > Utilities > Electric Utilities > Puerto Rico Electric Power Authority
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Puerto Rico Electric Power Authority |
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PROFILE |
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No man is an island, but Puerto Rico Electric Power Authority stands alone on one. Founded in 1941, the government-owned utility is the sole provider of electricity for Puerto Rico, where it serves about 1.3 million customers. Puerto Rico Electric has a generating capacity of nearly 4,400 MW primarily from fuel oil at four steam plants and a combustion turbines plant. Because the utility is isolated from other providers and often faces weather problems, it maintains a higher-than-average reserve of power. In order to keep up with increasing demand, Puerto Rico Electric is developing projects with private-sector cogenerators.
COMPETITION |
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Duke Energy Corporation (DUK)
Endesa S.A. (ELE)
Enron Corp. (ENE)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 1,987.30
1-Yr. Sales Growth: 29.9%
Employees: 10,200
Revenue per employee: $194,833.33
KEY PEOPLE |
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Miguel A. Cordero
CEO
Martin Arroyo
CFO
CONTACT INFO |
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Ave. Ponce De Leon 17 1/2
San Turce, PR 00909
US
Phone: 787-289-3434
Fax: 787-289-4665
Online: Web Site
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