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Aquila, Inc.
Aquila, Inc. was an electricity and natural gas distribution network headquartered in Kansas City, Missouri in the United States. The company also owned and operated power generation assets. It previously operated under the name UtiliCorp United, Inc. The company at one time ranked #33 on the Fortune 500 list. On February 6, 2007, the company announced plans for a merger valued at $1.7 billion to become a wholly owned subsidiary of Great Plains Energy. In conjunction with the merger Black Hills Corporation is to acquire its Colorado electric utility and the Colorado, Iowa, Kansas, and Nebraska gas utilities for $940 million. The merger closed on July 14, 2008, and Aquila now operates under the name Black Hills Energy. History Solomon Valley Milling Company Aquila has its roots in the Solomon Valley Milling Company founded in 1902 by Lemuel K. Green in Osborne, Kansas. The steam mill used to process flour and Green discovered he could sell electricity. In 1908 sold the ...
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Black Hills Corporation
Black Hills Corporation is a Rapid City, South Dakota diversified energy company that is an electric and gas utility in South Dakota, Montana, Wyoming, Colorado, Arkansas, Kansas, Nebraska, and Iowa. The company sells power throughout the American West. It derives its name from its home in the Black Hills of South Dakota. History The company traces its roots to 1883 and the organization of the Black Hills Electric Light Company of Deadwood. Merged with the Belt Light and Power Company of Lead in 1905, the company became Consolidated Power and Light Company of South Dakota. Meanwhile, to the south, the Dakota Power Company began serving Rapid City in 1910. Both of these companies were purchased by holding companies in the 1920s. With Roosevelt-era legislation to break up big national utility holding companies, Black Hills Power & Light Company was formed in 1941 by combining the assets of General Public Utilities, Inc. and Dakota Power Company which provided power for most of west ...
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Pleasant Hill, Missouri
Pleasant Hill is a city in Cass and Jackson counties, Missouri, United States. The population was 8,113 at the 2010 census. It is part of the Kansas City metropolitan area. Pleasant Hill is home for the National Weather Service Kansas City/Pleasant Hill, Missouri office, which serves 37 counties in northern and western Missouri and seven counties in extreme east-central Kansas. History Pleasant Hill was platted in 1844 by William Wright and was recorded as the "Original Town of Pleasant Hill." Wright and Methodist circuit rider William Ferrell operated a mercantile store. The original location was on a ridge near Pleasant Hill Cemetery. The community was named after its "pleasant situation on an elevated prairie". Wright also operated a 3-story tavern that was marked by a 12-foot high beacon atop a pole. It was an overnight stop for stagecoaches between Lexington, Missouri and Fort Scott, Kansas. During the American Civil War and the run-up to it in the 1860s, Pleasant Hill ...
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Employee Retirement Income Security Act
The Employee Retirement Income Security Act of 1974 (ERISA) (, codified in part at ) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions associated with employee benefit plans. ERISA was enacted to protect the interests of employee benefit plan participants and their beneficiaries by: * Requiring the disclosure of financial and other information concerning the plan to beneficiaries; * Establishing standards of conduct for plan fiduciaries; * Providing for appropriate remedies and access to the federal courts. ERISA is sometimes used to refer to the full body of laws that regulate employee benefit plans, which are mainly in the Internal Revenue Code and ERISA itself. Responsibility for interpretation and enforcement of ERISA is divided among the Department of Labor, the Department of the Treasury (particularly the Internal Revenue Service), and th ...
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Enron Scandal
The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. Upon being publicized in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen then one of the five largest audit and accountancy partnerships in the world was effectively dissolved. In addition to being the largest bankruptcy reorganization in U.S. history at that time, Enron was cited as the biggest audit failure. Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. Several years later, when Jeffrey Skilling was hired, Lay developed a staff of executives that – by the use of accounting loopholes, special purpose entities, and poor financial reporting – were able to hide billions of dollars in debt from failed deals and projects. Chief Financial Officer Andrew Fastow and other executives misled Enron's board of directors and audit committee on high-risk accounting practices and ...
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Allegheny Energy
Allegheny Energy was an electric utility headquartered in Greensburg, Pennsylvania. It owned and operated electric generation facilities and delivered electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. Allegheny Energy was incorporated in Maryland in 1925 as West Penn Electric Company. One of its predecessor companies dates back to the formation of West Penn Power on January 31, 1907. The company had three primary businesses: "merchant generation," which operated power plants primarily in Pennsylvania and West Virginia; "transmission expansion;" and "utility operations," consisting of transmission and distribution operations serving 1.6 million customers, primarily in small towns and rural areas. Allegheny merged with FirstEnergy in February 2011. Subsidiary companies Allegheny Energy operated its electric distribution operations under the trade name Allegheny Power. Its regulated subsidiaries were West Penn Power (serving Southwestern and ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Centel
Centel Corporation was an American telecommunications company, with primary interests in providing basic telephone service, cellular phone service and cable television service. Early history In 1900, Max McGraw took his savings from his newspaper route to start an electrical repair and supply shop, the McGraw Electric Company, in Sioux City, Iowa. Over the years, McGraw's company grew from residential wiring installation to include industrial wiring, electrical supply wholesaling, and electronics manufacturing. In 1922, McGraw entered the telecommunications business with the purchase of Central Telephone and Electric Company of St. Louis, Missouri. McGraw's businesses grew rapidly, and in 1926 more than 20 separate electric and telephone companies were consolidated as Central West Public Service Company. Through a series of mergers, acquisitions, purchases, sales, and re-purchases, the electrical supply and manufacturing side of the business would form the nucleus of McGraw-Edi ...
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Public Utilities Act Of 1935
The Public Utility Holding Company Act of 1935 (PUHCA), also known as the Wheeler-Rayburn Act, was a US federal law giving the Securities and Exchange Commission authority to regulate, license, and break up electric utility holding companies. It limited holding company operations to a single state, thus subjecting them to effective state regulation. It also broke up any holding companies with more than two tiers, forcing divestitures so that each became a single integrated system serving a limited geographic area. Another purpose of the PUHCA was to keep utility holding companies engaged in regulated businesses from also engaging in unregulated businesses. The act was based on the conclusions and recommendations of the 1928-35 Federal Trade Commission investigation of the electric industry. On March 12, 1935, President Franklin D. Roosevelt released a report he commissioned by the National Power Policy Committee. This report became the template for the PUHCA. The political bat ...
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Escondido, California
Escondido is a city in San Diego County, California, United States. Located in the North County region, it was incorporated in 1888, and is one of the oldest cities in San Diego County. It has a population of 151,038 as of the 2020 census. Etymology "Escondido" is a Spanish word meaning "hidden". One source says the name originally referred to ''agua escondida'' or hidden water; another says it meant "hidden treasure". The city is known as ''Eskondiid'' in Kumeyaay. History The Escondido area was first settled by the Luiseño, who established campsites and villages along the creek running through the area. They named the place Mixéelum Pompáwvo or "Mehel-om-pom-pavo." The Luiseno also had another village north of Mixéelum Pompáwvo called Panakare. The Kumeyaay migrated from areas near the Colorado River, settling both in the San Pasqual Valley and near the San Dieguito River in the southwestern and western portions of what is now Escondido. Most of the villages and campsi ...
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Kansas City Power & Light
Kansas City Power and Light Company was an electric utility company serving the Kansas City metropolitan area. It was a wholly owned subsidiary of Great Plains Energy of which it was the biggest component. The company traces its roots to November 1881 when Joseph S. Chick obtained the exclusive rights to use the Thompson-Houston arc lighting system in the counties of Jackson, Missouri, and Wyandotte, Kansas, for $4,000. The following month, the initial franchise to establish an electric works in the City of Kansas, Mo., was granted to Lysander R. Moore and later assigned to ''Kawsmouth Electric Light Company''. Construction was begun in February 1882 on a power plant on a tract of land at the southeast corner of 8th and Santa Fe Streets in the West Bottoms. Kawsmouth Electric Light Company built quickly and, on Saturday night, May 13, 1882, brought electric illumination to the first 13 customers on the west side of Main Street in the downtown district. In 1885 the company re ...
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