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Wright Reports > Company Profile Report > U > U.S. Energy Systems, Inc.

U.S. Energy Systems, Inc. - Company Profile Snapshot

Company Profile: U.S. Energy Systems, Inc.
Ticker: USEY
Exchanges: OTC
2006 Sales: 21,244,000
Major Industry: Utilities
Sub Industry: Electric Power Companies
Country: UNITED STATES
Employees: 60

Business Description
U.S. Energy Systems, Inc.. The Group's principal activity is to own and operate, through its subsidiaries, energy facilities producing electricity and energy alternatives to natural gas. Its subsidiary USEB owns and operates 23 landfill gas to energy projects in the United States, 20 of which produce electricity and three of which sell landfill gas as an alternative to natural gas. The Group also owns energy assets and mineral rights in the United Kingdom including a 42MW gas-fired power plant and gas licenses for approximately 100,000 acres of onshore natural gas properties and mineral rights. The customers include industrial and commercial concerns and local wholesale energy suppliers, such as utilities and marketers. On 28-Nov-2006, the Group acquired U.S. Energy Biogas Corp.

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