Reference articles on history, science, culture and more
Encyclopedia

Integrys Energy Group

Former American energy company

Image credit is listed at the end of this article.

Integrys Energy Group, Inc. was an American energy company headquartered in Chicago, Illinois. It was formed by the merger of WPS Resources Corp. and Peoples Energy Corp. on February 21, 2007. The chairman, President, and chief executive officer was Charles A. Schrock. On June 23, 2014, Integrys announced that it was being acquired by Wisconsin Energy Corporation for $9.1 billion. Also in 2014, Integrys entered into an agreement to sell 100% of the Upper Peninsula Power Company (UPPCO) to Balfour Beatty Infrastructure Partners LP for $298.9 million.

01Utilities

The six regulated utilities consisted of:

02Subsidiaries

The company's other subsidiaries were:

  • Integrys Business Support, Integrys Energy Group's business services company, providing services and solutions for operation of Integrys' subsidiaries.
  • Integrys Energy Services, Inc., a diversified nonregulated energy supply and services company serving residential, commercial, industrial, and wholesale customers in developed competitive markets in the United States.
  • Integrys Transportation Fuels, with compressed natural gas fueling stations operating across the United States under the brand name Trillium CNG.

03Criticism

In December 2011, the non-partisan organization Public Campaign criticized Integrys Energy Group for spending $710,000 on lobbying and not paying any taxes during 2008-2010, instead receiving $92 million in tax rebates, despite making a profit of $818 million and increasing executive pay by 109% to $14.8 million in 2010 for its top 5 executives.

Watch videos about Integrys Energy GroupExplainers and documentaries on YouTube (opens in a new tab)

Sources and credits

This article is adapted from the Wikipedia article Integrys Energy Group, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.

Images, from Wikimedia Commons:

Fathomly is not affiliated with or endorsed by the Wikimedia Foundation. Spotted a problem? Tell us.