| Business Summary | | Allegheny
Energy,
Inc.
is
a
diversified
utility
holding
company,
which
owns,
directly
and
indirectly,
various
regulated
and
non-regulated
subsidiaries.
The
Company
conducts
its
business
through
its
direct
and
indirect
wholly
owned
subsidiaries.
Monongahela
Power
Company,
The
Potomac
Edison
Company
and
West
Penn
Power
Company
are
electric
distribution
(or
delivery)
companies.
Allegheny
Energy
Supply
Company,
LLC
is
an
unregulated
electric
supply
company
that
is
expanding
its
electric
generation
fleet.
Allegheny
Ventures,
Inc.
is
an
unregulated
company
that
develops
and
operates
telecommunications
and
energy-related
businesses
through
its
subsidiaries.
Allegheny
Generating
Company
is
an
indirect
subsidiary
whose
only
asset
is
an
undivided
interest
in
a
pumped-storage
hydroelectric
station.
The
Company
also
owns
exempt
wholesale
generation
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AYE
is
the
utility
holding
company
for
Monongahela
Power
Co.,
The
Potomac
Edison
Co.,
West
Penn
Power
Co.,
Allegheny
Generating
Co.
and
others.
For
the
six
months
ended
6/30/01,
revenues
totalled
$5.27
billion,
up
from
$1.73
billion.
Net
income
before
acct.
change
and
extraordinary
item
rose
41%
to
$221.8
million.
Results
reflect
the
acquisition
of
Mountaineer
Gas,
partially
offset
by
purchases
made
by
Allegheny
Energy
Global,
LLC. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alan Noia, 54 Chairman,
CEO and Pres | $1.9M | Bruce Walenczyk CFO,
Sr. VP | -- | Jay Pifer, 63 Sr.
VP | 729K | Regis Binder, 48 VP
and Treasurer | -- | Thomas Kloc, 48 VP
and Controller | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|