Website: N/A
Stock Symbol: NYSE: UIL
Market Value: N/A (in millions)
UIL Holdings Corporation (UIL Holdings) primarily operates its regulated utility
business. The utility business consists of the electric transmission and
distribution operations of The United Illuminating Company (UI). UIL Holdings
also has non-utility businesses consisting of an operating lease and passive
minority ownership interests in two investment funds, (collectively held
at United Capital Investments, Inc. (UCI)), a heating and cooling facility and a
mechanical contracting business. The non-utility businesses also recently
included (1) a minority ownership interest in Bridgeport Energy, LLC (BE) held
by United Bridgeport Energy, Inc. (UBE) until the completion of the sale of that
interest to an affiliate of Duke Energy on March 28, 2006, (2) UCI’s minority
ownership interest in Cross-Sound Cable Company, LLC (Cross-Sound) until the
completion of the sale of that interest to Babcock & Brown Infrastructure Ltd.