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International Power

International Power

Infobox_Company
company_name = International Power plc
company_
company_type = Public (lse|IPR)
company_slogan =
foundation = 2000
location = London, England, UK
key_people = Sir Neville Simms (Chairman), Philip Cox, (CEO)
num_employees =
industry = Energy
products = Electricity Generation
revenue = £3,872 million (2007)
operating_income= £904 million (2007)
net_income = £529 million (2007)
homepage = [http://www.ipplc.com www.ipplc.com]

International Power plc (lse|IPR) is an international electricity generator formed in 2000 by the demerger of National Power. International Power was listed on the London Stock Exchange on 2 October 2000.

International Power is headquartered at Senator House, 85 Queen Victoria Street in the City of London.

After a two and a half year absence International Power rejoined the FTSE 100 Index in March 2005.

History

In 2000 National Power demerged its UK businesses as Innogy with the remainder of the business being renamed International Power. [ [http://www.independent.co.uk/news/business/news/nat-power-sweeps-board-for-demerger-725226.html National Power sweeps Board for demerger] ]

In 2007 the Company secured a £1.4bn contract to supply water and electricity to Abu Dhabi. [ [http://www.royalinsight.gov.uk/output/Page6125.asp Royal Insight websight] ]

Operations

International Power plc is a leading independent electricity generating company with 18,935MW (net) in operation and 149MW (net) under construction. International Power has power plants in operation or under construction in Australia, the United States of America, the United Kingdom, the Czech Republic, France, Germany, Italy, Portugal, the Netherlands, Spain, Turkey, Bahrain, Oman, Qatar, Saudi Arabia, the UAE, Indonesia, Pakistan, Puerto Rico and Thailand.

International Power is a 30% shareholder in Opus Energy, a specialist in the supply of energy to businesses and retail with customers including Yell Group, Rushcliffe Homes, Deloitte & Touche, AXA Sun Life and Thorntons [ [http://www.opusenergy.com/about-us/ Opus Energy Profile] ] [ [http://www.ipplc.com/ipr/investors/resultspresentations/rp2006/q1_2006/pr.pdf?t=popup International Power Results Presentation] ] .

References

External links

* [http://www.ipplc.com Company homepage]


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