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October 06, 2015 1:43 PM ET

Electric Utilities

Company Overview of Citizens Energy Corporation

Company Overview

Citizens Energy Corporation engages in heating oil, electricity, natural gas, wind, and solar businesses. Its electricity transmission business include developing high-voltage transmission project to improve electric grid operation and enable access to sources of geothermal, solar, and wind power; and buying power from utilities with surplus generating capacity and reselling the excess power to other utilities. The company provides home heating oil and natural gas to low-income and elderly residents; engages in oil and gas exploration and production ventures, as well as finance, shipping, selling of refined petroleum products. Its wind business comprise developing and operating wind projects...

88 Black Falcon Avenue

Suite 342

Boston, MA 02110

United States

Founded in 1979





Key Executives for Citizens Energy Corporation

Founder, Chairman of the Board and President
Age: 62
Chief Financial Officer
Chief Operating Officer
Director of Solar Development
Compensation as of Fiscal Year 2015.

Citizens Energy Corporation Key Developments

PG&E, Midamerican Transmission, Citizens Energy Corporation to Develop 70-Mile Electric Transmission Line

Pacific Gas and Electric Company (PG&E), MidAmerican Transmission, LLC (MidAmerican Transmission) and Citizens Energy Corporation (Citizens Energy) have been chosen by the California Independent System Operator Corporation (ISO) to develop, own and operate a new transmission line in the Central Valley region of California. The 230-kilovolt (kV) line will span about 70 miles across Fresno, Madera and Kings counties, running from the Gates to Gregg substations, which are owned and operated by PG&E. Approved by the ISO to address the growing power demand in the greater Fresno area, the new line will help reduce the number and duration of power outages, create jobs and support economic development, and bolster efforts to integrate clean, renewable energy onto the grid. The transmission line would be operational no later than 2022, and could come on line earlier.

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