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WGL Holdings, Inc.
Natural Gas Distribution DC, United States
Company Description
WGL Holdings, Inc. is a holding company, which sells and delivers natural gas and provides a variety of energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. It operates through four operating segments: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Wholesale Energy Solutions. The Regulated Utility segment provides regulated gas distribution services, including the sale and delivery of natural gas, meter reading, responding to customer inquiries, bill preparation and the construction and maintenance of its natural gas distribution system to customers through its Washington Gas and Hampshire subsidiary. The Retail Energy-Marketing segment consists of the operations of Washington Gas Energy Services, Inc., which sells natural gas and electricity directly to retail customers and in competition with regulated utilities and unregulated gas and electricity marketers. The Commercial Energy Systems segment consists of the operations of Washington Gas Energy Systems, Inc. and provides design-build energy efficient and sustainable solutions including commercial solar, energy efficiency and combined heat and power projects to government and commercial clients. The Wholesale Energy Solutions segment consists of the operations of Capitol Energy Ventures Corp., which engages in acquiring, managing and optimizing natural gas storage and transportation assets. The company also provides electric power through renewable wind energy, or installing energy-efficient systems for the federal government. WGL Holdings was founded on November 1, 2000 and is headquartered in Washington, DC.
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