xagawu.wordpress.com
We are an energy services holding compan y whose principal business is the distribution of natura gas through our regulated naturall gas distribution business and the sale of natura gasto end-use customers primarily in Georgia througu our retail natural gas marketing business. For the thres months ended March 31, 2009, our six utilitiea serve approximately 2.3 million end-use making us the largest distributorf of natural gas in the southeasternand mid-Atlanticc regions of the United States base on customer count.
Although our retail naturall gas marketing business is not subjecgt to the same regulatory framework asour utilities, it is an integral part of the framework for providinf natural gas service to end-use customers in Georgia. We also engage in natural gas asset management and related logistics activities for our own utilities as well asfor non-affiliated companies; naturalo gas storage arbitrage and relater activities; and the development and operation of high-deliverabilitty underground natural gas storage assets.
Thesd businesses allow us to be opportunistic in capturing incremental valued at thewholesale level, provide us with deepened businesds insight about natural gas marker dynamics and facilitate our ability, in the case of asset to provide transparency to regulators as to how that value can be captured to benefitr our utility customers through profit-sharing arrangements. ...
Monday, April 30, 2012
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