Powergen use a combination of coal,
gas, oil and renewable power stations to supply electricity to the
homes of over eight million people. Through over 67,000km of overhead
lines and underground cables, Powergen distribute electricity to
2.3 million homes and businesses across the East Midlands.
Powergen Group's turnover for 1999 was £3,746 million. This
is an increase of £511 million from the corresponding period
in 1998. Profit before tax, exceptional items and goodwill amortisation
increased by 11 per cent to £580 million. After goodwill amortisation,
profit before tax and exceptional items was £512 million.
Powergen have a market capitalisation of £3.8 billion, putting
them in the top 80 of the Financial Times Stock Exchange (FTSE).