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Cinergy Corp. Cinergy Corp. was created on October 24, 1994, from the combination of The Cincinnati Gas & Electric Company and PSI Energy, Inc., the largest electric utility in Indiana. Based in Cincinnati, Ohio, Cinergy Corp. (NYSE:CIN), is one of the leading diversified energy companies in the U.S. Cinergy Corp. has a balanced, integrated portfolio consisting of two core businesses: regulated operations and commercial businesses. Cinergy’s regulated delivery operations in Ohio, Indiana, and Kentucky serve 1.5 million electric customers and about 500,000 gas customers. In addition, its Indiana regulated operations own 7,000 megawatts of generation. Cinergy’s commercial business unit is a Midwest leader in low-cost generation owning 6,300 megawatts of capacity with a profitable balance of stable existing customer portfolios, new customer origination, marketing and trading, and industrial-site cogeneration. The “into Cinergy” power-trading hub is the most liquid trading hub in the nation. Cinergy's regulated operating companies are The Cincinnati Gas & Electric Company (Cinergy/CG&E)(Ohio), Union Light, Heat & Power (Cinergy/ULH&P) (Kentucky), Lawrenceburg Gas (Cinergy/LG) (Indiana), and PSI Energy, Inc. (Cinergy/PSI) (Indiana). As of December 31, 2002, Cinergy employed approximately 7,800 employees. The interconnections of Cinergy's Midwestern transmission assets give it access to 40 percent of the total U.S. energy consumption. Cinergy is a registered holding company under the Public Utility Holding Company Act (PUHCA) of 1935. Cinergy's 2002 operating revenues were $11.9 billion. Cinergy has approximately 52,500 miles of electric and gas transmission lines in the U.S. and abroad. Cinergy's natural gas distribution system is connected to six interstate pipelines. Cinergy.com (Opens New Window) Source: Cinergy Corp.
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