Greenwich, Conn.
Went public 10/5/00 at $21 per share
Filing Range:24 million shares @ $18 to $20
Shares Outstanding:51.36 million shares
Underwriters: Credit Suisse First Boston/Donaldson, Lufkin &
Jenrette/Chase H&Q/CIBC World Markets/
PaineWebber/Salomon Smith Barney/DLJdirect
Company Counsel: Vinson & Elkins LLP
Manager Counsel: Andrews & Kurth LLP
Auditor: Arthur Andersen & Co.
The Company:
Provides electricity and natural gas to small commercial customers. TNPC will offer customers in restructured retail energy markets competitive energy prices and flexible payment and pricing choices.
Venture Backers:
DLJ Capital
GE Equity
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 01/01/2000 4 Early Stage 100000.0
2 07/01/2000 4 Expansion 104000.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $7.8
Net Income: -25.0