Enron Corp. - University of California | Office of The President

wholesale customers to view Enron's real time pricing and complete commodity
transactions with Enron as principal, with no direct interaction.
Assets and Investments. Enron makes investments in various energy and certain
related assets as a part of its network strategy by either purchasing the asset from a
third party or developing and constructing the asset. In most cases, Enron operates
and manages such assets. Additionally, Enron invests in debt and equity securities
of energy and technology-related businesses, which may also utilize Enron's products
and services.
Retail Energy Services
Enron Energy Services is a provider of energy outsourcing products and
services to business customers. This includes sales of natural gas, electricity, liquids
and other commodities and the provision of energy management services directly to
commercial and industrial customers located in North America and Europe. Enron
Energy Services provides end-users with a broad range of energy products and
services to reduce total energy costs or to minimize risks. These products and
services include delivery of natural gas and electricity, energy tariff and information
management, demand-side services to reduce energy consumption, and financial
services, including price risk management.
Enron Energy Services' products and services help commercial and industrial
businesses maximize total energy savings while meeting their operational needs.
With a focus on total energy savings and nationwide commodity, services and
finance capabilities, Enron Energy Services provides outsourcing and other
innovative programs not only to supply electricity and natural gas to businesses, but
also to manage unregulated energy assets to reduce their energy consumption,
delivery and billing costs, to eliminate inefficiencies of decentralized systems, to
reduce energy demand, and to minimize the risk of energy prices and operations to
the customer.
Enron is extending its retail products to Europe. During 2000, significant
growth was experienced in marketing commodity services to medium-sized
businesses. At the end of 2000, Enron had approximately 130,000 customers in the
United Kingdom. Enron plans to expand this business model to other European
countries.
Broadband Services
During 2000 Enron Broadband Services substantially completed the EIN, a
high capacity, global fiber optic network which through pooling points can switch
capacity from one independent network to another and create scalability. Enron
Broadband Services provides: (i) bandwidth management and intermediation
services, and (ii) high quality content delivery services.
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