Business Services Industry
SUEZ Energy Resources NA Continues Growth in U.S.; Now Ranked as Nation's No. 4 Retail Energy Provider
Business Wire, May 2, 2006
HOUSTON -- SUEZ Energy Resources NA, Inc., the U.S. retail energy business of SUEZ Energy International, is now the fourth largest energy provider in the U.S., according to a KEMA report on electric retailer market share statistics on megawatts under contract. KEMA is a global organization specializing in technical consultancy, inspection, testing and certification associated with electrical power and other forms of energy.
Since SUEZ Energy Resources NA launched its marketing efforts in January 2003, it has become the fastest growing retail energy provider in the nation and now serves more than 12,000 commercial and industrial customer accounts.
"SUEZ Energy Resources has experienced dramatic growth since start-up," said Michel Sirat, President and CEO. "To win the trust of so many business decision makers in such a short time is gratifying and I believe a testament to the quality of our people and customized services that help customers manage their energy costs," Sirat added.
SUEZ Energy Resources currently serves commercial and industrial customers in eight states: Texas, Massachusetts, Maine, Maryland, New York, 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, Delaware, Connecticut and Michigan.
To learn more about SUEZ Energy Resources NA, or ask for a price proposal, customers may visit the company's Web site at www.suezenergyresources.com or call 1-866-999-8374.
Background note on Michel Sirat
On April 1, 2006, Michel Sirat was named President and Chief Executive Officer of SUEZ Energy Resources NA, Inc. Prior to assuming this position, Sirat served as Senior Executive Vice President of SUEZ Energy North America, serving as Deputy to the company's President and Chief Executive Officer. He was responsible for Accounting, Business Control, Risk Control, Credit, Treasury, Tax, Finance and Quantitative Analysis.
About SUEZ Energy North America, Inc.
Based in Houston, SUEZ Energy Resources NA, Inc. (formerly named Tractebel Energy Services, Inc.) is a wholly owned subsidiary 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 (LNG), asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.
SUEZ Energy International is a business line of SUEZ (NYSE:SZE), 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.
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.
For more information about SUEZ Energy North America, visit www.suezenergyna.com. For information about SUEZ Energy International, visit www.suezenergyint.com, and for more information about SUEZ, visit www.suez.com.
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