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Allegheny Energy Inc

 

AYE

Allegheny Energy is a diversified utility holding company that operates in the core businesses of electricity generation, transmission and distribution, primarily through direct and indirect subsidiaries. Allegheny is an integrated energy business that owns and operates electric generation facilities and delivers electric and natural gas services to customers in Pennsylvania, Maryland, West Virginia, Virginia and Ohio. Allegheny has two business units: the Delivery and Services unit that includes Allegheny's electric and natural gas transmission and distribution operations, and the Generation and Marketing unit, which includes Allegheny's power generation operations. In December 2004, AE and its subsidiary, Allegheny Energy Supply Company, LLC sold their equity interest and power rights in the Ohio Valley Electric Corporation.

 

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