CHI Energy, Inc. - X.COH- Profile

CHI Energy, Inc.. CHI Energy, Inc. (formerly known as Consolidated Hydro, Inc.) develops, operates and manages hydroelectric power plants and other infrastructure assets. The company derives revenues entirely from the operation of hydroelectric power facilities. The company owns, operates and leases 81 projects in the United States and Canada. The company also operates hydroelectric power facilities and manages industrial infrastructure assets which include power plants, steam boilers, air compressors and wastewater treatment facilities. The company acquired an additional ownership interest of 50% in Pyrites Associates, 50% in Hydro Power Associates and 50% in Copenhagen Associates in 1999. Power generation accounted for 88% of 1999 revenues and management fees and operation and maintenance revenues, 12%.