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Home > Company Index > Utilities > Electric Utilities > Light Serviços de Eletricidade S.A.
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Light Serviços de Eletricidade S.A. |
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PROFILE |
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Light Serviços de Eletricidade (Light), an integrated electric utility company, provides power to 2.9 million residential, commercial, and industrial customers in the state of Rio de Janeiro. By acquiring a controlling stake in Electropaulo, Light also serves another 4.5 million customers in the São Paulo metropolitan area. The company generates less than a quarter of its own electricity; it buys the rest from government-owned Furnas (about half) and Itaipu (one-third). Light has formed a telecommunications subsidiary to provide service through a fiber-optic network built along its transmission system. Now controlled by US and French interests, Light was founded by a Canadian group in the late 19th century.
COMPETITION |
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American Electric Power Company, Inc. (AEP)
EDP - Electricidade de Portugal, S.A. (EDP)
Centrais Eletricas Brasileiras S.A. - ELETROBRAS (CAIFY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,300.50
1-Yr. Sales Growth: (26.2)%
Employees: 6,363
Revenue per employee: $204,384.72
KEY PEOPLE |
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Michel Gaillard
CEO
Edezio Quintal
CFO
CONTACT INFO |
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Avenida Marechal Floriano, 168
20080-002 Rio de Janeiro, Brazil
Phone: 55-21-211-7171
Fax: 55-21-211-4401
Online: Web Site
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