BNET Industries
Last Fiscal Year Sales:$369.9M
- Public
- US
Dow Jones Description
The Company was incorporated in Delaware in November 1999 as EMW Energy Services Corp. and in June 2000, changed its name to TNPC, Inc. We became a public company on October 5, 2000. On January 19, 2001 TNPC, Inc. changed its name to NewPower Holdings, Inc. The mailing address for NPW's headquarters is One Manhattanville Road, 3rd Floor, Purchase, New York 10577. NPW's website is www.newpower.com. We were formed by various parties, including affiliates of Enron Corp., DLJMB Investors, G.E. Capital Equity Investments, Inc., California Public Employees' Retirement System and Ontario Teachers' Pension Plan Board to sell energy commodities to residential and small commercial customers in markets that have been restructured to permit retail competition. We provide service through our subsidiary, The New Power Company, and currently offer natural gas service within nine states and electricity service within four states. At the end of 2001, we provided service to over 800,000 customers across all markets.
Director, Chief Marketing Officer
Nicholas A UttonContact Information
Newpower Holdings, Inc.
One Manhattanville Rd., 3rd Floor
Purchase, New York 10577-2100
914-697-2444
Peer Companies
NAICS Code Other Electric Power Generation: 221119
News & Analysis
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newpower holdings inc. - All News and Analysis
NewPower expects to settle class-action lawsuits.(Legal Briefs)(NewPower Holdings Inc.)(Brief Article)
NewPower Holdings Inc. has reached a preliminary agreement in principle to settle claims against its former directors, H. Eugene Lockhart, William I Jacobs, Kenneth L. Lay, Lou L. Pai, James V. Derrick Jr., Richard A. Causey, Peter Grauer, Linda Alvarado and Ray J. Groves, in consolidated...
Collapse of Purchase, N.Y.-Based NewPower Holdings Stings Investors.
By Rick Jurgens, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News Aug. 11--Investors also suffered from the collapse of NewPower Holdings Inc., which Enron Corp. spun off in 1999 after it concluded that "a separate company with consumer-oriented management, substantial strategic...
Northern California Energy Shoppers Feel Powerless as Power Companies Struggle.
By Rick Jurgens, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News Aug. 11--Once upon a time -- in fact, as recently as four months ago -- a small company called NewPower Holdings Inc. sought to woo residential customers from PG&E with promises...
Purchase, N.Y.-Based Utility Files for Bankruptcy Protection.
By Charlene Oldham, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 12--NewPower Holdings Inc. filed for Chapter 11 bankruptcy protection Tuesday, a day after it announced plans to transfer its Texas customers to rival power providers. "We really...
New York-Based Retail Energy Provider Files for Bankruptcy.
By Laura Goldberg, Houston Chronicle Knight Ridder/Tribune Business News Jun. 12--NewPower Holdings, a retail energy provider in deregulated markets, met the same fate as its creator, Enron Corp., when it filed for Chapter 11 bankruptcy protection Tuesday. Purchase, N.Y.-based...
NewPower Holdings Declares Bankruptcy; Georgia's Gas Deregulation Takes Hit.
By Matthew C. Quinn, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News Jun. 12--Georgia's struggling deregulated natural gas market was dealt a major setback Tuesday as the state's fourth-leading marketer declared bankruptcy. The Chapter 11 filing by NewPower Holdings, the corporate parent...
PECO Energy Gets Former Electric Customers in Pennsylvania.
By David DeKok, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News Apr. 12--PECO Energy has agreed to continue serving 180,000 returning electric customers for at least the next two years at the same discounted rate they had been paying to NewPower Holdings Inc. ...
SEC Filing Indicates Problems at Texas Electricity Provider NewPower.
By Dan Piller, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Apr. 5--NewPower Holdings' accountants have expressed doubt as to whether the company can stay in business this year, according to a company filing with the Securities and Exchange Commission. The...
SEC Filing Indicates Problems for Purchase, N.Y.-Based Utilities Firm.
By Dan Piller, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Apr. 3--NewPower Holdings' accountants have expressed doubt as to whether the company can stay in business this year, according to a company filing with the Securities and Exchange Commission. The...
NewPower Holdings, Inc. Announces New Listing Information
Business Editors PURCHASE, N.Y.--BUSINESS WIRE--April 2, 2002 NewPower Holdings, Inc. announced today that its securities are now trading on the over-the-counter Electronic Quotation Service "Pink Sheets" under the trading symbol "NWPW". The quote and trading activity can be found by accessing www.pinksheets.com by using the symbol NWPW....
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Nicholas A Utton | Director, Chief Marketing Officer |
| Kathryn A Johnson | Director, Human Resources |
| William J Cronin | Director, Risk Management Strategy |
| Ari Benacerraf | Director |
| Lou L Pai | Director |
| Richard L Weill | Director |
| William I Jacobs | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Eugene B. Shanks Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director, Chief Marketing Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director, Risk Management Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Board of Directors | Current |
| Freddie Mac | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Newpower Holdings, Inc. | Director | Current |
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