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Home > Company Index > Utilities > Independent Power Producers & Marketers > Sithe Energies, Inc.
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Sithe Energies, Inc. |
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PROFILE |
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Sithe Energies has sliced through the competition to become a leading independent power producer. Sithe owns stakes in 27 facilities in North America with a total generating capacity of 3,800 MW, primarily in New York and Massachusetts. The company has another 2,500 MW under construction and 3,700 MW more in development. Sithe is selling off its generation assets in Africa, Asia, and Australia. The firm sells energy to utilities, industrial companies, governments, and other institutions. Utility holding company Exelon owns 49.9% of Sithe and has an option to buy the rest. Other investors include French utility giant Vivendi Environnement (34%), Japanese trading firm Marubeni (15%), and Sithe managers (1%).
COMPETITION |
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The AES Corporation (AES)
Calpine Corporation (CPN)
NRG Energy, Inc. (NRG)
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FINANCIAL OVERVIEW |
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1991 Sales (mil.): 189.00
Employees: 400
Revenue per employee: $472,500.00
KEY PEOPLE |
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William Kriegel
CEO
Thomas Boehlert
CFO
CONTACT INFO |
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335 Madison Ave., 28th Fl.
New York, NY 10017
US
Phone: 212-351-0000
Fax: 212-351-0005
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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