Vectren
From Wikipedia, the free encyclopedia
| Vectren Corporation | |
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| Type | Public (NYSE: VVC) |
| Founded | 2000 |
| Headquarters | Evansville, Indiana, USA |
| Key people | Niel C. Ellerbrook, CEO |
| Industry | Utilities |
| Revenue | $2,028.0M FY2005 |
| Employees | 1,863 |
| Website | www.vectren.com |
Vectren Corporation is an energy and applied technology holding company headquartered in Evansville, Indiana. The company provides gas and electricity to nearly one million customers in Indiana and Ohio. It is a Fortune 1000 company with $4.3 billion in assets.[1]
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[edit] History
The company was formed on March 31, 2000 through the merger of Indiana Gas Company and Southern Indiana Gas and Electric Company. In the fall of 2000, Vectren also acquired the natural gas distribution assets of Dayton Power and Light Company of western Ohio. In the fall of 2006, the company purchased Duke Energy Corporation's interest in the Miller Pipeline Corporation.[2]
[edit] Subsidiaries and Affiliates
Subsidiaries and affiliates include primary utility operations for providing energy delivery as well as non-utility operations for energy marketing, coal mining, energy infrastructure, and other businesses.[3]
Through the Vectren Foundation, the company provides support to four major areas within its service territory – education, arts and culture, civic, and health and human services.
[edit] Sponsorships
Vectren sponsors the radio network of the Indianapolis Colts NFL football team; the network is referred to on-air as the "Vectren Radio Network."
[edit] References
- ^ The Fortune 500 Index. CNNMoney.com. Retrieved on 2008-05-01.
- ^ Vectren Corporation. Google Finance. Retrieved on 2006-12-25.
- ^ Vectren Company Website. Retrieved on 2006-12-25.
