UIL Holdings Corporation
UIL Holdings, parent of electric utility The United Illuminating Company (UI), hopes its well regulated business will result in regular revenue growth. The public utility distributes electricity to 325,000 customers in southwestern Connecticut. Its service area, largely urban and suburban, includes the principal cities of Bridgeport (population 137,000) and New Haven (population 124,000) and their surrounding areas. UIL Holdings has teamed up with NRG Energy to form GenConn Energy LLC, a joint venture that focuses on developing new power generation facilities in Connecticut. In 2010 the company acquired three gas utilies in New England from IBERDROLA USA for $1.3 billion.
Contact Details
Executives
President, CEO, and Director
James P. Torgerson
EVP and COO
Anthony J. Vallillo