Integrys Energy Group
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Integrys Energy Group, Inc. was an American
energy company The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy ind ...
headquartered in
Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
. It was formed by the merger of WPS Resources Corp. and
Peoples Energy Peoples Gas (short for The Peoples Gas Light and Coke Company) is a gas utility subsidiary of WEC Energy Group servicing the city of Chicago, Illinois and its northern suburbs. History Established in 1849, in Chicago, Illinois, The Peoples Gas ...
Corp. on February 21, 2007. The Chairman, President, and chief executive officer was Charles A. Schrock. On June 23, 2014, Integrys announced that it was being acquired by
Wisconsin Energy Corporation WEC Energy Group is an American company based in Milwaukee, Wisconsin that provides electricity and natural gas to 4.4 million customers across four states. Subsidiaries Wisconsin * We Energies, the umbrella name for Wisconsin Electric Power ...
for $9.1 billion. Also in 2014, Integrys entered into an agreement to sell 100% of the Upper Peninsula Power Company (UPPCO) to Balfour Beatty Infrastructure Partners LP for $298.9 million.


Utilities

The six regulated utilities consisted of: *The Peoples Gas Light and Coke Company, a
natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon d ...
utility serving approximately 873,000 customers in the City of Chicago. *
Wisconsin Public Service Corporation Wisconsin Public Service Corporation (WPS) is a utility company headquartered in Green Bay, Wisconsin. The company serves more than 450,000 electric customers and more than 333,000 natural gas customers in 27 counties in eastern, northeastern no ...
, an electric and natural gas utility serving approximately 446,000 electric customers and 330,000 natural gas customers in northeast and central Wisconsin. * Minnesota Energy Resources Corporation, a natural gas utility serving approximately 238,000 customers throughout Minnesota. * Michigan Gas Utilities Corporation, a natural gas utility serving approximately 176,000 customers in lower Michigan. * North Shore Gas Company, a natural gas utility serving approximatel
162,000 customers
in the northern suburbs of Chicago. *
Upper Peninsula Power Company The Upper Peninsula Power Company (UPPCO) is an electrical power utility provider headquartered in Marquette, Michigan with service centers in Escanaba, Houghton, Iron River, Ishpeming, Munising and Ontonagon. History The Upper Peninsula Power ...
, an electric utility serving approximately 52,000 customers in Michigan's Upper Peninsula. ''Note:'' Integrys announced its intention to sell Upper Peninsula Power to Balfour Beatty Infrastructure Partners LP on 20 January 2014.


Subsidiaries

The company's other subsidiaries were: *Integrys Business Support, Integrys Energy Group's business services company — providing services and solutions for operation of Integrys' subsidiaries. * Integrys Energy Services, Inc., a diversified nonregulated energy supply and services company serving residential, commercial, industrial, and wholesale customers in developed competitive markets in the United States. *Integrys Transportation Fuels, with compressed natural gas fueling stations operating across the United States under the brand name Trillium CNG.


Criticism

In December 2011, the non-partisan organization
Public Campaign Every Voice is an American nonprofit, progressive liberal political advocacy organization.
criticized Integrys Energy Group for spending $710,000 on
lobbying In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, whic ...
and not paying any taxes during 2008–2010, instead receiving $92 million in tax rebates, despite making a profit of $818 million and increasing executive pay by 109% to $14.8 million in 2010 for its top 5 executives.


References


External links


Integrys Energy Group
{{Illinois Corporations Electric power companies of the United States Natural gas companies of the United States Defunct companies based in Chicago Energy companies established in 2007 Non-renewable resource companies established in 2007 2007 establishments in Illinois Companies formerly listed on the New York Stock Exchange 2015 mergers and acquisitions