Announcement or Date of Completion | Merger Partner or Acquiring Utility | Merger Partner or Utility
being Acquired | New Name for Merged Entities | Status | States Served* | 1997 Assets in Billions |
---|---|---|---|---|---|---|
1999 | ||||||
Apr-99 | Consolidated Edison Inc | Orange & Rockland Utilities Inc | Complete | |||
Mar-99 | New Century Energies | Northern States Power | Pending | 11 | 11 | |
Mar-99 | CalEnergy Company Inc | MidAmerican Energy Holdings Co | Complete | |||
Mar-99 | UtiliCorp United Inc | St. Joseph Light & Power Co | Pending | |||
Feb-99 | Dominion Resources, Inc | Consolidated Natural Gas Co | Pending | |||
Feb-99 | Sempra Energy | K N Energy Inc | Pending | |||
Feb-99 | SCANA Corp | Public Service Company of North Carolina | Pending | |||
Feb-99 | NIPSCO Industires Inc | Bay State Gas Company | Complete | |||
Feb-99 | New England Electric System | Eastern Utilities Associates | Pending | |||
1998 | ||||||
Dec-98 | BEC Energy (Boston Edison) | Common Wealth Energy System | NSTAR | Pending | ||
Nov-98 | AES Corp | CILCORP, Inc | Pending | |||
Nov-98 | Carolina Power and Light Company | North Carolina Natural Gas Corp | Pending | |||
Sep-98 | WPS Resources Corp | Upper Peninsula Energy Corp | Complete | |||
Jun-98 | Enova Corp (SDG&E Co) | Pacific Enterprises(So Cal Gas Co) | Sempra Energy | Complete | ||
May-98 | Wisconsin Energy Corp | Eselco, Inc | Complete | |||
May-98 | Long Island Lighting Co | KeySpan Energy (Brooklyn Union Gas) | MarketSpan Corp | Complete | ||
May-98 | LG&E Energy Corp | KU Energy Corp | Complete | |||
Apr-98 | Nevada Power Co | Sierra Pacific Resources | Pending | |||
Apr-98 | WPL Holdings Inc | IES Industries Inc; Interstate Power Co | g744dba Alliant Energy Corp | Complete | ||
Mar-98 | Atlantic Energy Inc | Delmarva Power and Light Co | Conectiv | Complete | ||
1997 | ||||||
Dec-97 | Union Electric Co | Cipsco, Inc | Ameren Corporation | Complete | ||
Dec-97 | American Electric Power Co Inc | Central and South West Corporation | Pending | 11 | 11 | |
Nov-97 | Ohio Edison Co | Centerior Energy Corp | First Energy Corp | Complete | ||
Aug-97 | Public Service Company of Colorado | Southwestern Public Service Co | New Century Energies | Complete | ||
Aug-97 | Houston Industries Inc | NorAm Energy Corp | Complete | |||
Aug-97 | Texas Utilities Company | ENSERCH Corp | Complete | |||
Jul-97 | Enron Corp | Portland General Corp | Complete | |||
Jun-97 | TECO Energy | Lykes Energy Inc | Complete | |||
Jun-97 | Duke Power Co | Pan Energy Corp | Duke Energy Corporation | Complete | ||
Apr-97 | Allegheny Energy Inc | DQE | Under dispute | |||
Apr-97 | PG&E Corp | Valero Energy Corp | Complete | |||
Apr-97 | PacifiCorp | TPC Corporation | Complete | |||
Mar-97 | NIPSCO Industries Inc | IWC Resources Corp | Complete | |||
Feb-97 | Puget Sound Power & Light Co | Washington Energy Co | Puget Sound Energy | Complete | ||
1996 | ||||||
Aug-96 | MidAmerican Energy Co | IES Industries Inc | Hostile bid, withdrawn | |||
Apr-96 | Western Resources Inc | Kansas City Power & Light Co | Westar Energy | Pending | ||
Jan-96 | UtiliCorp United Inc | Kansas City Power & Light Co | Maxim Energies Inc | Defeated | 4+B.C. | 4+B.C. |
1995 | ||||||
Sep-95 | Baltimore Gas & Electric Co | Potomac Electric Power Co | Constellation Energy Corporation | Withdrawn | 1+D.C. | 1+D.C. |
Aug-95 | PECO Energy Company | PP&L Resources Inc | Rejected by utility | |||
Jul-95 | Midwest Resources Inc | Iowa-Illinois Gas & Electric Co | MidAmerican Energy Co | Complete | ||
May-95 | Northern States Power Co | Wisconsin Energy Corp | Primergy Corp | Withdrawn | ||
1994 | ||||||
Oct-94 | PSI Resources Inc | Cincinnati Gas & Electric Co | CINergy Corp | Complete | ||
Jun-94 | Sierra Pacific Resources | Washington Water Power Co | Altus Corp | Withdrawn |
* States served = states with retail electric customers served by the merged utility.
Sources: (1) Moody's Public Utility Manual and Moody's Public Utility News Reports; Moody's Investors Service, Inc., for data on assets.
(2) Form EIA-861, U.S. Department of Energy, Energy Information Administration, for states served; and
(3) news items for announcements of pending mergers.
Utility | ESCO |
---|---|
Baltimore Gas & Electric | Home Products and Services; Energy Products and Management |
Boston Edison | Coneco Corp.; Boston Energy Technology Group; BeCo Service |
Bay State Gas | EnergyUSA |
Carolina Power & Light | Strategic Resources Solutions |
Central Hudson Gas & Elec. | Central Hudson Enterprise Group |
Central & Southwest Corp. | CSW Communications; EnerShop |
Centerior Energy Corp. | Centerior Enterprises Group |
Cinergy | Cinergy Solutions |
ConEdision | Con Edison Solutions, Con Edison Development |
Detroit Edison | Edison Energy Services |
Duke Energy | Duke Engineering & Service; Duke Merchandising, Duke Solutions |
Duquesne Enterprises | DQE Energy Services |
Eastern Utility Associates | EUA/Cogenix; EUA Nova; EUA Energy Services; EUA Day; EUA Highland Corp.; EUA Citizens Conservation Services |
Florida Power & Light | FPL Energy Services |
Houston Lighting & Power | [Unnamed] |
Idaho Power | [Unnamed joint venture with local municipal] |
Illinova Corp. | Illinova Energy Partners |
IPALCO | Mid-America Energy Resources |
Louisville Gas & Light | Enertech |
Nevada Power | [Unnamed joint venture with Unicom Thermal Resources] |
New York State Electric | Xenergy |
NIPSCO Industries | Prime Energy |
Northeast Utilities | HEC Efficiency Corp. |
Northern States Power | Cenergy |
Ohio Edison | FirstEnergy Services |
PP&L | Spectrum Energy Services |
Pacific Gas & Electric | Public Service Conservation Resources |
PacifiCorp | PacifiCorp Energy Inc., Energy Pact (joint venture) |
Philadelphia Gas & Elec. | Heatec Energy Performance Services |
Potomac Gas & Electric | PEPCO Services |
Public Service Enterprise Grp. | Enterprise Energy Technology, Public Service Conservation, Energis |
Southern Company | Southern Development & Investment |
SCEcorp | ENVest |
Southern Indiana Gas & Elec. | Energy Systems Group, Inc. |
Texas Utilities | Operational Solutions |
UtiliCorp United | EnergyOne, EnTrust Energy Solutions |
Virginia Power | Evantage, A&C Enercom, A&C TriTech |
Western Resources | Astra Power, Astra Services, Western Business Services |
Wisconsin Energy | Energy Oasys |
Wisconsin Power & Light | A&C Emerson |
Washington Water Power | WWP Energy Solutions |
Florida Progress/Cinergy/New Centuries Energy | Cadence |