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ENERGY & UTILITIES | Natural Gas Utilities
elpaso.com

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Stage

IPO | IPO

Date of IPO

11/29/2007

About El Paso

Operator of natural gas transportation pipelines, storage, and other midstream assets. Initial assets consist of a interstate pipeline transportation business primarily located in Wyoming and Colorado. Systems transport and store natural gas for local distribution companies (LDCs), other natural gas distribution and industrial companies, electric generation companies, natural gas producers, other natural gas pipelines, and natural gas marketing and trading companies. A significant portion of transportation and storage services are provided through firm contracts that obligate customers to pay a monthly reservation or demand charge. Also, the company intends focus on the construction, development, and acquisition of additional energy infrastructure assets.

El Paso Headquarter Location

El Paso Building 1001 Louisiana Street

Houston, Texas, 77002,

United States

(713)420-2600

Latest El Paso News

El Paso Electric Issues an All Source Request For Proposal to Reliably Meet Growing Demand for Texas Customers by 2025

Dec 4, 2021

December 03, 2021 07:10 PM Eastern Standard Time EL PASO, Texas--( BUSINESS WIRE )--El Paso Electric (EPE) issues an All Source Request for Proposal (RFP) to obtain generating resources including renewable energy for Texas customers by 2025. The objective of this RFP is to meet the growing customer demand EPE is experiencing, specifically for its Texas service territory, and to meet the anticipated 2025 summer peak. “Unlike many other electric utilities around the country who have leveled out when it comes to their customer base, we continue to experience a two percent customer base growth rate year-over-year, which inevitably leads to an increase in energy usage and customer demand,” shares President and CEO Kelly A. Tomblin. “It is our responsibility to continue to meet this growing demand cost effectively and with the service and reliability that our customers and community have come to expect and deserve.” EPE’s initial resource planning studies project a capacity need of approximately 175 to 225 megawatts (MW) before May 1, 2025. New generation is also necessary to offset EPE’s planned retirements of older, less-efficient generating units. Prospective bidders for EPE’s All Source RFP have until December 23, 2021, to submit an intent to bid. The full RFP can be found at epelectric.com, here . About El Paso Electric El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 450,000 retail and wholesale customers in a 10,000-square mile area of the Rio Grande valley in west Texas and southern New Mexico.

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