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Home > Company Index > Utilities > Electric Utilities > Hidroeléctrica Del Cantábrico, S.A.
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Hidroeléctrica Del Cantábrico, S.A. |
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NEWS FROM THE WIRES |
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Hayes Lemmerz names Clawson as CEO Aug 02 2001 06:00 AM PDT
> More WIRE STORIES about this company
PROFILE |
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Hidroeléctrica del Cantábrico (Hidrocantábrico) is powering up to take on the deregulated Spanish energy market. One of Spain's leading utilities, Hidrocantábrico provides electricity to more than 530,000 customers and gas to more than 126,000, primarily in the province of Asturias. Fossil fuel power plants account for most of its 2,150 MW-generating capacity; it also uses hydroelectric and nuclear sources. Deregulation has spurred the utility to establish its own energy trading and marketing operations. Hidrocantábrico also has some 161,000 cable TV and telecom customers. German utility Energie Baden-Württemberg beat other companies to win the right to purchase a majority stake in Hidrocantábrico.
COMPETITION |
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Endesa S.A. (ELE)
Iberdrola S.A. (IBE)
Unión Eléctrica Fenosa, S.A. (UNF)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,098.10
1-Yr. Sales Growth: 46.6%
Employees: 1,283
Revenue per employee: $855,884.65
KEY PEOPLE |
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Manuel Menendez
CEO
Manuel Amado Fernández Suárez
CFO
CONTACT INFO |
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Plaza de la Gesta, 2
33007 Oviedo, Spain
Phone: 34-98-523-03-00
Fax: 34-91-431-80-38
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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