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Company Information
Front Range Power Company, LLC is a limited liability
company owed by Colorado
Springs Utilities and El
Paso Energy.
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Colorado Springs Utilities is a four-service
municipal utility providing electric, natural
gas, water, and wastewater services to customers
in Colorado Springs, Colorado. In 2001, Colorado
Springs Utilities had assets of $2.05 billion
and an operating revenue of $588.8 million.
Standard and Poor's (AA) and Moody's (Aa2) both
have rated Colorado Springs Utilities highly
in recent bond ratings. S&P has reaffirmed
a "#2 business position" rating for
Colorado Springs Utilities, the highest rating
awarded to any utility with generating resources.
Colorado Springs Utilities services its native
loads, primarily from power generation facilities
that it owns and operates. |
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El Paso Corporation has a combined enterprise
value of over $50 billion and is the fourth
largest U.S. energy company based on market
value. El Paso is the only U.S. company that
is a top-tier player in every segment of the
natural gas business-from production and pipelines
to marketing and power generation. We own five
of the country's leading pipelines and serve
the fastest growing markets from the most attractive
supply areas. In addition, El Paso is the third
largest producer of natural gas in the United
States and has developed leading technology
in drilling deep natural gas wells. During 2000,
El Paso leveraged energy expertise by initiating
the development of a significant telecommunications
business. |
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