TECO Energy , Inc.

Industry:	Electricity, Oil & Gas
Ranking:	Russell 3000, Fortune 1000
Revenues:	$3.5 Billion
Employees:	4,300

Description

TECO Energy, Inc. (TECO Energy) is a holding company for regulated utilities and other businesses. TECO Energy owns no operating assets but holds all of the common stock of Tampa Electric Company, and through its subsidiary TECO Diversified, Inc., owns TECO Coal Corporation and through its subsidiary TECO Wholesale Generation, Inc., owns TECO Guatemala, Inc. and TWG Merchant, Inc. Tampa Electric Company, TECO Energy’s largest subsidiary, has two business segments. Its Tampa Electric division (Tampa Electric) provides retail electric service to more than 668,000 customers in West Central Florida with a net winter system generating capability of 4,602 megawatts. Peoples Gas System (PGS), the gas division of Tampa Electric Company, is engaged in the purchase, distribution and sale of natural gas for residential, commercial, industrial and electric power generation customers in Florida. Its subsidiary, TECO Transport Corporation, was disposed as on December 4, 2007.
(Source: 10-K)

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News Archive

TECO Energy Announces Organizational Changes and New Leadership Team. Business Wire; 7/30/2009 ...Serve Customers TAMPA, Fla. -- TECO Energy, Inc. (NYSE:TE) today announced...Strategy team will also be created at TECO Energy to identify opportunities that...economy and slowdown in growth. TECO Energy is no exception. As we balance... ...more

TECO Energy to Report Third Quarter Results October 30 and Webcast a Presentation to the Financial Community November 3. Energy Weekly News; 10/30/2009 TECO Energy, Inc. (NYSE:TE) announced that it...Webcast can be accessed through a link on TECO Energy's Web site at: http://www.tecoenergy...presentation will be available for replay on the TECO Energy Web site for 30 days after the presentation... ...more

TECO Energy Reports Improved Third Quarter Results.(Financial report) Business Wire; 10/30/2009 ...Drivers for 2010 TAMPA, Fla. -- TECO Energy, Inc. (NYSE:TE) today reported...Tampa Electric, Peoples Gas and TECO Energy, the write-off of $5.2 million...student loan securities held at TECO Energy. Year-to-date 2008 net income... ...more