This Day On The Street
Continue to site
ADVERTISEMENT
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

AES Executive Derek Porter Named President Of DPL Inc. And The Dayton Power And Light Company

Competitive Generation led by Herrington in his role as chief operating officer of the U.S. Strategic Business Unit will be headquartered in Dayton. Herrington will remain based in Dayton.

Before coming to DPL in 2012, Herrington was president of Global Wind Generation for AES, managing the company’s wind generation portfolio. Prior to that, he held leadership positions in a global energy company in California which ran competitive power generation businesses with assets in coal, natural gas and wind.

Herrington has been active in the Dayton community, serving as a board member for the Dayton Development Coalition, Dayton Area Chamber of Commerce and the Dayton Art Institute.

About DPL

DPL Inc. is a regional energy company. The Dayton Power and Light Company is its principal subsidiary. DPL Inc.’s other significant subsidiaries include DPL Energy, LLC (DPLE), Miami Valley Insurance Company (MVIC), and DPL Energy Resources, Inc. (DPLER), which also does business as DP&L Energy. The Dayton Power and Light Company, a regulated electric utility, provides service to over 500,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries, and DPLER is a competitive retail electric supplier. DPL Inc., through its subsidiaries, owns and operates approximately 3,800 megawatts of generation capacity, of which 2,800 megawatts are coal-fired units and 1,000 megawatts are solar, natural gas and diesel peaking units. Further information can be found at www.dplinc.com.

DPL Inc. was acquired by The AES Corporation (NYSE: AES) in 2011. AES is a Fortune 200 global power company. It provides affordable, sustainable energy to 25 countries through a diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Its workforce of 25,000 people is committed to operational excellence and meeting the world's changing power needs. AES’ 2012 revenues were $18 billion and it owns and manages $42 billion in total assets. To learn more, please visit www.aes.com.



2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs