| Business Summary | | Cinergy
Corp.
is
the
holding
company
of
The
Cincinnati
Gas
&
Electric
Company
(CG&E)
and
PSI
Energy,
Inc.
(PSI),
both
of
which
are
public
utility
subsidiaries.
CG&E
is
a
combination
electric
and
gas
public
utility
company
that
provides
service
in
the
southwestern
portion
of
Ohio
and,
through
its
subsidiaries,
in
nearby
areas
of
Kentucky
and
Indiana.
It
has
three
wholly
owned
utility
subsidiaries
and
two
wholly
owned
non-utility
subsidiaries.
CG&E's
principal
utility
subsidiary,
The
Union
Light,
Heat
and
Power
Company
provides
electric
and
gas
service
in
northern
Kentucky.
PSI
is
an
electric
utility
that
provides
service
in
north
central,
central,
and
southern
Indiana.
The
Company's
other
principal
subsidiaries
are
Cinergy
Services,
Inc.,
Cinergy
Investments,
Inc.,
Cinergy
Global
Resources,
Inc.,
Cinergy
Technologies,
Inc.
and
Cinergy
Wholesale
Energy,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cinergy
is
a
holding
company
whose
subsidiaries
are
engaged
in
the
production,
transmission,
distribution
and
sale
of
electric
energy
and
the
distribution
of
natural
gas
in
Indiana,
Kentucky
and
Ohio.
For
the
six
months
ended
6/30/01,
revenues
rose
from
$3.35
billion
to
$7.35
billion.
Net
income
applicable
to
Common
fell
5%
to
$203.2
million.
Results
reflect
higher
electricity
volumes
on
non-firm
wholesale
transactions,
offset
by
an
increase
in
purchased
gas
and
power
expenses. | More
from
Market Guide: Significant
Developments |
| | |
| Position | James Rogers, 52 | Chairman,
Pres, CEO | William Grealis, 54 | Exec.
VP and CSO | Charles Winger | VP
of Corp. Devel., Acting CFO | Lisa Gamblin | VP,
Treasurer | Bernard Roberts | VP,
Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|