August 24, 2016 12:25 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Associated Electric Cooperative, Inc.

Company Overview

Associated Electric Cooperative Inc. operates as an electric generation and transmission cooperative that provides wholesale power to its members. The company’s power generation resources primarily include coal, wind, natural gas, and hydropower facilities. It owns and operates approximately 9,937 miles of high-voltage transmission lines. The company provides wholesale power to 6 regional generation and transmission cooperatives that serve 51 local electric cooperative systems in Missouri, southeast Iowa, and northeast Oklahoma. Associated Electric Cooperative Inc. was founded in 1961 and is based in Springfield, Missouri.

2814 South Golden Avenue

PO Box 754

Springfield, MO 65801

United States

Founded in 1961

650 Employees

Phone:

417-881-1204

Key Executives for Associated Electric Cooperative, Inc.

Chief Executive Officer and General Manager
Age: 57
Chief Financial Officer and Vice President
Vice President of Engineering and Operations
Chief Information Officer and Vice President
Chief Compliance Officer, Vice President and General Counsel
Compensation as of Fiscal Year 2016.

Associated Electric Cooperative, Inc. Key Developments

Associated Electric Cooperative, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2016

Associated Electric Cooperative, Inc. announced unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, operating revenues were $269,867,000 against $295,716,000 a year ago. Operating margin was $7,233,000 against $3,201,000 a year ago. Net margin was $14,889,000 against $11,205,000 a year ago. Net cash provided by operating activities was $15,145,000 against $26,656,000 a year ago. Construction expenditures for utility plant were $16,715,000 against $12,304,000 a year ago.

Associated Electric Cooperative Announces Executive Changes, Effective May 16, 2016

Associated Electric Cooperative has named David Tudor as its next CEO and general manager, effective May 16, 2016. Tudor will succeed Jim Jura, who has served as CEO and general manager since 1991. Most recently Tudor was president and CEO of Champion Energy Services and he currently serves as senior advisor. Previously, Tudor was president and CEO of ACES Power. Tudor currently is a director of Western Gas Partners LP and Western Gas Equity Partners LP and is audit committee chairman for both.

Associated Electric Cooperative Inc. Announces Retirement of Jim Jura as CEO and General Manager

Associated Electric Cooperative Inc. (AECI) has announced the retirement of Jim Jura as CEO and General Manager. Jura said that he would continue to work as CEO until a new person is hired.

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Recent Private Companies Transactions

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