Vectren Corporation Fund Company Profile

Description

Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts. Its electric transmission system consists of 1,027 circuit miles of 345, 138, and 69 kilovolt lines, and 36 substations; and distribution system comprises 4,550 circuit miles of lower voltage overhead lines and 418 trench miles of conduit containing 2,208 miles of underground distribution cable, as well as 91 distribution substations and 54,767 distribution transformers. The company also provides underground pipeline construction and repair services; and energy performance contracting and sustainable infrastructure, such as renewables, distributed generation, and combined heat and power projects, as well as invests in energy-related opportunities and services, real estate, and leveraged leases. It serves various industries comprising automotive assembly, parts, and accessories; feed, flour, and grain processing; metal castings, aluminum products, polycarbonate resin, and plastic products; gypsum products; electrical equipment, metal specialties, glass, and steel finishing; pharmaceutical and nutritional products; gasoline and oil products; ethanol; automotive glass; and coal mining. As of December 31, 2015, the company supplied natural gas services to approximately 1,016,900 customers in Indiana and Ohio; and electric services to approximately 144,000 customers in Indiana. Vectren Corporation was incorporated in 1999 and is headquartered in Evansville, Indiana.