July 23, 2017 1:06 AM ET

Electric Utilities

Company Overview of Arizona Public Service Co.

Company Overview

Arizona Public Service Company, a vertically-integrated electric utility, provides retail and wholesale electric services in Arizona. The company has ownership interests in or leases the coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 6,140 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,144 miles of overhead lines and approximately 21,128 miles of underground primary cable. The company owns or leases 6,236 megawatts of regulated generation capacity, as well as purchases electricity. It serves approximately 1.2 million customers. The company was i...

400 North Fifth Street

PO Box 53999

Phoenix, AZ 85072

United States

Founded in 1920

6,339 Employees

Phone:

602-250-1000

Key Executives for Arizona Public Service Co.

Chairman, CEO & President and Chairman, CEO & President of Pinnacle West
Age: 62
Chief Financial Officer and Executive Vice President
Age: 59
Chief Operating Officer and Executive Vice President
Age: 61
Chief Accounting Officer, Vice President and Controller
Age: 61
Executive Vice President of Public Policy and General Counsel
Age: 51
Compensation as of Fiscal Year 2017.

Arizona Public Service Co. Key Developments

BLM Approves Construction on APS’s Morgan to Sun Valley Transmission Line

The Bureau of Land Management (BLM) has approved APS’s request to construct the final section of a 500-kilovolt (kV) line on BLM land that will complete an extra-high voltage transmission loop around the Valley and improve reliability for APS customers. The Morgan to Sun Valley 500-kV transmission line extends 38 miles, starting at the Sun Valley substation near the Sun Valley Parkway north of Tonopah, and ending at the Morgan substation just south of State Route 74 near Lake Pleasant Regional Park. In addition to improving reliability for the fast-growing populace in the area, it also will increase economic development opportunities for the state. The project is expected to be under construction until spring 2018 and to be in service in time to increase summer reliability for customers that same year.

Arizona Public Service Co. Appoints Jeffrey B. Guldner as Executive Vice President, Public Policy and General Counsel

On April 19, 2017 the Board of Directors of Pinnacle West Capital Corporation and the Board of Directors of Arizona Public Service Company appointed Jeffrey B. Guldner to the position of Executive Vice President, Public Policy and General Counsel. The appointments will go into effect on May 17, 2017 following the Pinnacle West 2017 Annual Meeting of Shareholders.

Northern Arizona Power Plant Is Up For Sale

Peabody Energy Corporation (NYSE:BTU) hired Lazard asset management company to attract new owners for Navajoplant. The power plant is currently owned by the Salt River Project, Arizona Public Service Co., Tucson Electric Power Company and NV Energy, Inc.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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