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Vectren Corp.

Vectren Corp.

Sector: Electric Services Region: IN, United States


: | New York Stock Exchange: VVC


Similar to: THEOLIA, Électricité de Strasbourg SA, Drax Group Plc

Vectren Corp. operates as an energy holding company which offers energy-related products and services include infrastructure services, energy services, coal mining and energy marketing services throughout the U.S. through its wholly owned subsidiary, Vectren Utility Holdings, Inc. The company provides energy delivery services to residential, commercial and industrial and other customers in Indiana and west central Ohio. It segregates its operations into three groups: the Utility Group, the Nonutility Group and Corporate and Other. The Utility Group consists of the company's regulated operations and other operations that provide information technology and other support services to those regulated operations. The company segregates its regulated operations into a Gas Utility Services operating segment and an Electric Utility Services operating segment. The Gas Utility Services segment includes the operations of Indiana Gas, the Ohio operations and SIGECO's natural gas distribution business and provides natural gas distribution and transportation services to nearly two-thirds of Indiana and to west central Ohio. The Electric Utility Services segment includes the operations of SIGECO's electric transmission and distribution services, which provides electric distribution services primarily to southwestern Indiana and the company's power generating and wholesale power operations. The Nonutility Group's activities are into three primary business areas: Infrastructure Services, Energy Services and Coal Mining. The Infrastructure Services business provides underground construction and repair to utility infrastructure through its wholly owned subsidiary, Miller Pipeline LLC. The Energy Services business provides performance based energy contracting operations and renewable energy services performed through Energy Systems Group LLC. The Coal Mining business mines and sells coal to the company's utility operations and to other third parties through its wholly owned subsidiary, Vectren Fuels. The Corporate and Other Businesses group includes a variety of legacy, wholly owned operations and investments that have invested in energy-related opportunities and services, real estate and leveraged leases, among other investments. The company was founded on June 10, 1999 and is headquartered in Evansville, IN.

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