James P. Torgerson, President and CEO UIL Holdings ... - CBIA

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UIL Transformation Announced Agreement in May 2010 to purchase three gas localdistribution companies from Iberdrola, USA for $1.3 billion.Completed transaction within 6 months – November 16, 2010. Transformed UIL into a diversified energy services company. Strategic transaction that was important for Connecticut jobs andbusiness in the state. One of the largest corporate deals in 2010 completed in Connecticut.UIL Becomes A Stronger, More Diverse Energy Company4CBIA – May 2011
Electric and Natural Gas SegmentsCapitalize on the competitive advantage of natural gas as theeconomical, abundant and environmentally friendly fuel of choice forcustomers.Aggressively pursue new gas heating customers.Generate incremental revenue sufficient to support expandinginfrastructure.5CBIA – May 2011
Page 1 and 2: CBIA’s Midyear Economic UpdateMay
Page 3: UIL - Corporate Structure, Service
Page 7 and 8: Natural GasNatural GasLow Cost Alte
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Page 11 and 12: UI Transmission - NEEWS InvestmentU
Page 13 and 14: State of BusinessConnecticut has a
Page 15 and 16: Best/Worst States For BusinessBotto
Page 17 and 18: Regional Institute For The 21 st Ce
Page 23 and 24: STATE OF BUSINESSAssessment of Conn
Page 25 and 26: STATE OF BUSINESSPublic Employee Pl
Page 27 and 28: Recent Action- State of Connecticut
Page 29: Q&A29CBIA - May 2011

James P. Torgerson, President and CEO UIL Holdings ... - CBIA

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