NYSE, DYN - Dynegy Inc
We are holding companies and conduct substantially all of our business
operations through our subsidiaries. Our primary business is the production and
sale of electric energy, capacity and ancillary services from our fleet of
twenty-nine operating power plants in thirteen states totaling nearly 20,000 MW
of generating capacity.
During 2007, we completed the LS Power combination, through which we acquired
ten power generation facilities (approximately 8,000 MW) that are primarily
natural gas-fired and intermediate dispatch. These facilities nearly doubled our
generating capacity, added significant additional diversity to our portfolio and
provided us with scale and scope in the key Western U.S. region. Dynegy also
acquired a fifty percent interest in a development joint venture, which provides
Dynegy with access to resources experienced in power development that are
focused on growth prospects, both brownfield and greenfield. ...
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