This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Iberdrola USA Subsidiaries Recognized For Outstanding Sandy Recovery Efforts









ROCHESTER, N.Y., Jan. 10, 2013 /PRNewswire/ -- Iberdrola USA subsidiaries Central Maine Power (CMP), NYSEG and RG&E each have won both the Edison Electric Institute 2012 Emergency Recovery Award and the Emergency Assistance Award for their restoration and support efforts in the aftermath of Hurricane Sandy. The annual awards, which have been presented to EEI member electric utility companies since 1998, were issued yesterday at the EEI CEO meeting in Phoenix, Arizona.

Bob Kump, CEO of Iberdrola USA accepted the awards on behalf of the three operating companies. "These awards are a testament to the hard work and commitment of all of our employees who rapidly restored power to our customers and then moved on to help other utilities recover from Hurricane Sandy - one of the largest and most destructive storms in history," said Kump. "We are proud of our post-Sandy recovery efforts and grateful that we were in a position to assist other utilities who needed our help. We certainly appreciate this recognition from our peers at the Edison Electric Institute."

The three utilities amassed more than 6,000 people to handle a cumulative total of nearly 500,000 electric service interruptions spread across Maine and New York. Once their own customers had been restored, the companies released nearly 1,800 line, bucket, pole-setting, digger, tree, gas and supervisory employees and contract workers to assist National Grid (LIPA), Consolidated Edison, Connecticut Light & Power and FirstEnergy utilities. NYSEG also supplied poles, transformers and natural gas regulators to ConEd for their restoration efforts in New York City.

"Getting the lights back on quickly and safely is never easy following these natural disasters," said EEI President Tom Kuhn. "It takes strong commitment, advanced planning, and great execution.  Working through the industry's mutual assistance program, Iberdrola USA's crews also were essential in helping their fellow utility companies restore service in affected neighborhoods. They're a great example for the nation's electric power industry. I congratulate them."

About Iberdrola USA: Iberdrola USA, a subsidiary of global energy leader Iberdrola, S.A., is an energy services and delivery company serving about 2.7 million customers throughout upstate New York and New England. For more information about Iberdrola USA, visit www.iberdrolausa.com.

Follow us on Twitter: @IberdrolaUSA .

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,066.11 +122.30 0.72%
S&P 500 1,978.35 +10.78 0.55%
NASDAQ 4,444.3150 +28.8250 0.65%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs