Company Profile for Tractebel Energy Services Inc.Energy Editors/Business Editors --(BUSINESS WIRE) Tractebel Energy Services Inc. is the retail energy subsidiary of Tractebel North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Inc., both headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . Tractebel Energy Services offers customers dependable products and services that allow them to establish long-term energy budget management strategies with specific cost control and risk management measures in place. Tractebel Energy Services is currently licensed to sell electricity to commercial and industrial customers in five U.S. states. The company plans to pursue additional opportunities in many deregulated markets. Tractebel employs approximately 300 people in Houston and 1,400 throughout North America. Tractebel North America is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Tractebel, which ranks among the top 10 energy producers in the world with 100,000-plus employees in more than 100 countries. Tractebel, which has more than 100 years experience in the industry, is the energy division of Suez (NYSE NYSE See: New York Stock Exchange :SZE SZE Shared Zone Entry ). Suez is an international global services company whose core activities include providing cost-effective and efficient waste management, water and energy solutions around the globe. On Nov. 18, 2003, Tractebel Energy Services announced that it had exceeded first-year expectations by achieving more than $500 million in total contract value representing more than 1,200 MW and 2,500 customer accounts since the launch of its marketing and sales activities in September 2002. On Aug. 6, 2003, the company was licensed to sell electricity in New Jersey. With the expiration of New Jersey's bundled energy price cap, which had been in effect for the past five years, more than 1,700 large commercial and industrial users are dealing with market uncertainty, including exposure to hourly volatility of electricity prices. However, deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , when managed properly, can provide a real opportunity for lowering electricity costs as well as gaining access to innovative services. Tractebel Energy Services serves more than 1,400 commercial and industrial accounts in Massachusetts, Maine, New York Maine is a town in Broome County, New York, United States. The population was 5,459 at the 2000 census. The Town of Maine is on the western border of the county and is northwest of Binghamton. and Texas. Customers include hospitals, hotels, colleges and universities, industrial and manufacturing facilities, supermarkets and chain stores, and large residential buildings. Its success in these states is based on its ability to provide customers with innovative products and services designed specifically to help them control their energy budgets and minimize risks. In doing so, Tractebel Energy Services has become one of the fastest growing retail energy providers. Tractebel Energy Services is a member of the Greater Houston Houston–Sugar Land–Baytown is a 10-county metropolitan area defined by the Office of Management and Budget. It is located along the Gulf Coast region in the U.S. state of Texas. Partnership and National Energy Marketers Association. Tractebel is a member of the Better Business Bureau and Electric Power Supply Association. For a list of recent news releases, please visit http://www.tractebelenergy.com/News/News.htm About Tractebel North America Inc. Tractebel North America Inc. (TNA TnA Total Nonstop Action (wrestling alliance) TNA The National Archives (UK) TNA Training Needs Analysis TNA Tamil National Alliance (Sri Lanka) ) is a business unit of Tractebel Electricity & Gas International. TNA owns and/or operates a total of 57 power, cogeneration, steam, and chilled-water facilities. TNA's assets represent a capacity of more than 5,807 MW(a) of electricity generation, 12 million pounds per hour of steam, and 147,000 tons per hour of chilled water. Its wholly owned subsidiary, Tractebel LNG LNG (liquefied natural gas): see under natural gas. North America, owns and operates the Distrigas of Massachusetts LNG receiving terminal in Everett, Mass., which currently serves most of the gas utilities in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. and key power producers, meeting 15-20 percent of New England's annual gas demand. (a) represents operation, under construction or in development. -0-
Company: Tractebel Energy Services Inc.
Headquarters Address: 1990 Post Oak Boulevard
Suite 1900
Houston, Texas 77056-4499
Main Telephone: 1-866-999-8374
Ticker: SZE(NYSE)
Type of Organization: Wholly-owned subsidiary of Suez
Industry: Energy
Key Executives: CEO: Zin Smati
Vice President and Controller: Keith Jenkins
Public Relations
Contact: Cindy Suggs
Phone: 713-636-1783
Email: csuggs@tractebelusa.com
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