| Business Summary | | Mirant
Corporation,
incorporated
in
1993,
and
its
subsidiaries
comprise
a
global
competitive
energy
company
with
energy
marketing
and
risk
management
experience.
The
Company
has
extensive
operations
in
North
America,
Europe
and
Asia.
With
an
integrated
business
model,
the
Company
develops,
constructs,
owns
and
operates
power
plants,
and
sells
wholesale
electricity,
gas
and
other
energy-related
commodity
products.
Mirant
owns
or
controls
more
than
20,000
megawatts
(MW)
of
electric
generating
capacity
around
the
world,
with
approximately
another
9,000
MW
under
development.
In
North
America,
Mirant
also
controls
access
to
approximately
3.7
billion
cubic
feet
per
day
of
natural
gas
production,
more
than
2.1
billion
cubic
feet
per
day
of
natural
gas
transportation
and
approximately
41
billion
cubic
feet
of
natural
gas
storage. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MIR
and
its
subsidiaries
acquire,
develop,
build,
own,
and
operate
power
production
and
delivery
facilities
and
provide
a
broad
range
of
energy-related
services
to
utilities
and
industrial
companies.
For
the
six
months
ended
6/30/01,
revenues
totalled
$16.11
billion,
up
from
$1.16
billion.
Net
income
from
continuing
operations
rose
65%
to
$299
million.
Results
reflect
the
Company's
acquisition
of
Mirant
Americas
Energy
Marketing,
partially
offset
by
higher
provisions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| A. Dahlberg, 60 Chairman | -- | S. Marce Fuller, 40 Pres,
CEO, Director | $2.7M | Raymond Hill, 53 Exec.
VP, CFO | 1.9M | Richard Pershing, 54 Exec.
VP and CEO, Americas | 1.9M | James Ward, 48 Sr.
VP-Fin. and Accounting, 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
|
|