SUEZ Energy Resources NA Climbs to Third in U.S. Market Share.HOUSTON -- SUEZ Energy Resources NA, the U.S. retail energy subsidiary of SUEZ Energy 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. , is now ranked the third largest retail electricity provider to commercial and industrial electricity customers in the U.S., according to KEMA KEMA Keuring Van Electrotechnische Materialen (Netherlands) , a global organization that tracks statistics on megawatts under contract. According to Michel Sirat, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "One of the few constants in the retail market has been our performance and our commitment to transparency to our customers. We've captured a position that is synonymous with avalue' in several regions among a cross section of customer segments, from large industrials to small retail outlets." SUEZ Energy Resources NA currently serves approximately 15,000 accounts and a peak load of 3850 MW. Twelve-month growth for the period ending October 2006 was 20%. This marks the third consecutive year with growth of 20% or greater in addition to a steady climb up the market rankings. The company was ranked number four in May 2006 and was fifth in 2005. "We are very pleased with the steady growth of our U.S. retail energy operations since launching this business in 2002," said Zin Smati, president and CEO of SUEZ Energy North America. "SUEZ Energy Resources NA is an important component of our integrated value chain strategy and a strong complement to our portfolio of power generation, LNG LNG (liquefied natural gas): see under natural gas. and natural gas assets." SUEZ Energy Resources currently serves commercial and industrial customers in eight states: Texas, Massachusetts, Maine, Maryland, New York Maryland is a town in Otsego County, New York, United States. The population was 1,920 at the 2000 census. The Town of Maryland is on the county's south border, and was named for the U.S. state of the same name. , New Jersey, Pennsylvania, and Illinois, and also Washington, D.C. Their peak demands range from 50 KW to more than 200 MW. In addition, the company is also licensed to operate in Ohio, Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , Delaware, Connecticut and Michigan. To learn more about SUEZ Energy Resources NA visit www.suezenergyresources.com or call 1-866-999-8374. About the Company: Based in Houston, SUEZ Energy Resources NA, Inc. 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 SUEZ Energy North America, Inc., the business unit of SUEZ Energy International responsible for managing SUEZ's positions within the energy value chain in the U.S., Mexico and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. (LNG), asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers. SUEZ Energy North America owns and/or operates a total of 45 power, cogeneration, steam, and chilled-water facilities, including those in construction or development, representing a capacity of more than 5,538 MW of electricity generation, 6.4 million pounds per hour of steam, and 61,749 tons per hour of chilled water. SUEZ Energy North America's wholly owned subsidiary, Distrigas of Massachusetts, owns and operates a liquefied natural gas receiving terminal in Everett, Mass., which began operations in 1971 and currently serves most of the gas utilities in New England and key power producers, meeting approximately 20 percent of New England's annual gas demand. SUEZ Energy International is a business line of SUEZ (NYSE NYSE See: New York Stock Exchange :SZE SZE Shared Zone Entry ), which is an international industrial and services Group that employs 157,650 people worldwide and achieved revenues of 41.5 billion euros or $49.9 billion in 2005. For more information about these companies and their activities, please visit the following websites: SUEZ: www.suez.com SUEZ Energy International: www.suezenergyint.com SUEZ Energy North America: www.suezenergyna.com |
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