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April 25, 2015 11:11 PM ET

Electric Utilities

Company Overview of EPCOR Utilities, Inc.

Company Overview

EPCOR Utilities Inc. builds, owns, and operates electrical transmission and distribution networks, and water and wastewater treatment facilities and infrastructure in Canada and the United States. The company’s Water Services segment treats, tests, distributes, and sells water; treats wastewater; and offers water and wastewater plant financing and construction services. This segment owns approximately 8 and operates 19 other water treatment and distribution facilities; owns 5 and operates 23 other wastewater treatment and collection facilities; 2 water treatment plants; a wastewater treatment plant; a distribution network with 3,900 kilometers of distribution and transmission mains; 19,400 h...

2000, 10423 – 101 Street NW

Edmonton, AB T5H 0E8


Founded in 1891

2,710 Employees

Key Executives for EPCOR Utilities, Inc.

Chief Executive Officer and President
Age: 54
Chief Financial Officer and Senior Vice President
President of EPCOR Water (USA)
Senior Vice President of Commercial Services
Compensation as of Fiscal Year 2014.

EPCOR Utilities, Inc. Key Developments

EPCOR Utilities, Inc. Announces Retirement of David Stevens as President & CEO

EPCOR Utilities, Inc. announced the retirement of President & CEO David Stevens. Mr. Stevens will remain in his position as the Board initiates the recruitment process for his replacement.

EPCOR May Sell Capital Power

EPCOR Utilities, Inc. said it plans to eventually sell all or a substantial portion of its remaining interest in Capital Power Corporation (TSX:CPX) subject to market conditions, based on its requirements for capital and other circumstances that may arise in the future.

EPCOR Utilities, Inc. Reports Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

EPCOR Utilities, Inc. reported audited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. Net income was CAD 191 million on revenues of CAD 1,904 million for the year ended December 31, 2014, compared with net income of CAD 175 million on revenues of CAD 1,929 million for 2013. Cash flow from operating activities was CAD 354 million for the year ended December 31, 2014, compared with CAD 269 million for 2013. Net income was CAD 75 million on revenues of CAD 499 million for the three months ended December 31, 2014, compared with CAD 23 million on revenues of CAD 492 million for the corresponding period in the previous year. The increase of CAD 52 million is primarily due to an impairment on investment in Capital Power in 2013.

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