Pinnacle West Capital

Rank#1802

Market Cap11.63B

CountryUnited States

Summary

History

References

Summary

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

History

Pinnacle West was incorporated in 1929 to finance the development of electric generation and transmission projects throughout Arizona. Since then, the Company has expanded its focus to include energy services such as energy research and development, trading, and risk management services. In addition, the Company owns AZP Group, a parent company of eco-friendly residential and commercial energy solutions businesses.

References

https://en.wikipedia.org/wiki/Pinnacle_West_Capital

https://in.investing.com/equities/pinnacle-west

https://finance.yahoo.com/quote/PNW/profile?p=PNW

https://www.crunchbase.com/organization/pinnacle-west-capital-corporation

https://sec.report/CIK/0000764622

https://companiesmarketcap.com/

https://www.pinnaclewest.com

Leadership team

Mr. Jeffrey B. Guldner (Chairman, Pres & CEO)

Mr. Robert E. Smith (Exec. VP, Gen. Counsel & Chief Devel. Officer)

Mr. Theodore N. Geisler (Pres of Arizona Public Service Company)