Cinergy (NYSE:CIN)
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From Mar 2020 to Mar 2025

Cinergy (NYSE:CIN) sent 200 employees and contract
personnel to the New Orleans area to assist Entergy in the restoration
of electric service after Hurricane Katrina slammed into the Gulf
Coast area last week. Currently, the crews are restoring service in
the Jefferson Parish area. The personnel are from Cincinnati Gas &
Electric, Union Light Heat & Power and PSI Energy operating companies.
It is anticipated that Cinergy will provide restoration assistance for
six weeks. New personnel will be rotated in every two weeks.
"When the crews arrived in the area, it was like a ghost town and
unlike anything they had experienced in the past," said John Procario,
senior vice president and chief operating officer of Cinergy's
regulated business unit. "The area is under a curfew and only just
recently are residents allowed in to collect what can be salvaged."
Entergy's request is different from any received by the company in
the past. Due to the amount of destruction in the affected areas,
Cinergy crews are required to be a "self-contained" workforce. The
crews will transport their own tents, kitchen, fuel and restoration
materials to the work area.
At the request of Florida Power & Light, Cinergy initially sent
crews to Florida to restore power in the central Miami area of Little
Haiti and Little Havana. Since most of the electric service has been
restored in the area, Cinergy crews were released and returned home
Friday.
Cinergy employees at home are also helping to support the relief
efforts. The Cinergy Foundation, will match employee donations to the
American Red Cross dollar-for-dollar up to $25,000 through September
15.
Cinergy Corp. has a balanced, integrated portfolio consisting of
two core businesses: regulated operations and commercial businesses.
Cinergy's regulated public utilities in Ohio, Indiana, and Kentucky
serve 1.5 million electric customers and about 500,000 gas customers.
In addition, its Indiana regulated company owns 7,000 megawatts of
generation. Cinergy's competitive commercial businesses have 6,300
megawatts of generating capacity with a profitable balance of stable
existing customer portfolios, new customer origination, marketing and
trading, and industrial-site cogeneration. Cinergy's integrated
businesses make it a Midwest leader in providing both low-cost
generation and reliable electric and gas service.