| | Business Summary | | BayCorp
Holdings,
Ltd.
is
the
holding
company
of
two
wholly
owned
subsidiaries
that
generate
and
trade
wholesale
electricity,
Great
Bay
Power
Corporation
(Great
Bay)
and
Little
Bay
Power
Corporation
(Little
Bay).
In
addition,
BayCorp
owns
a
45.9%
equity
interest
in
HoustonStreet
Exchange,
Inc.
(HoustonStreet),
an
Internet-based
energy
trading
and
information
business.
Great
Bay
and
Little
Bay's
principal
asset
is
a
combined
15%
joint
ownership
interest
in
the
Seabrook
Nuclear
Power
Project
in
Seabrook,
New
Hampshire
(the
Seabrook
Project).
This
ownership
interest
entitles
the
companies
to
approximately
174
megawatts
(MWs)
of
the
Seabrook
Project's
power
output.
HoustonStreet
developed
and
operates
HoustonStreet.com,
an
Internet-based
trading
platform
and
information
portal
for
wholesale
energy-related
commodities.
HoustonStreet
offers
online
trading
exchanges
for
electricity,
crude
oil
and
refined
products
in
the
United
States
and
exchanges
for
electricity
in
Europe. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | BayCorp
Holdings,
Ltd.
is
a
holding
company
for
Great
Bay
Power
Corp.,
an
electric
generating
company
whose
principal
asset
is
a
15%
joint
ownership
interest
in
the
Seabrook
Project.
For
the
six
months
ended
6/30/01,
revenues
rose
31%
to
$38.7
million.
Net
income
totalled
$15.1
million,
vs.
a
loss
of
$13.6
million.
Revenues
reflect
an
increase
in
average
selling
prices
per
kilowatt-hour.
Earnings
also
reflect
a
decrease
in
equity
loss
due
to
the
deconsolidation
of
HoustonStreet. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Frank Getman, Jr., 37
CEO,
Pres | $272K | Anthony Callenderello, 49
COO,
Sec. | 120K | Patrycia Barnard, 45
VP-Fin.,
Treasurer | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mwh.gif)