Pinnacle West Capital Corporation

Pinnacle West Capital Corp. is a holding company, which engages in the provision of energy and related products. The company is headquartered in Phoenix, Arizona and currently employs 94 full-time employees. The firm operates through its subsidiary, Arizona Public Service Company (APS). The company is engaged in regulated retail and wholesale electricity businesses and related activities, and includes electricity generation, transmission, and distribution. The company owns or leases approximately 6,257 megawatts (MW) of regulated generation capacity and holds a mix of both long-term and short-term power purchase agreements (PPAs) for additional capacity. Its portfolio includes biomass, biogas, coal, energy storage, geothermal, natural gas, solar, and wind. The company includes natural gas power plants located throughout Arizona, consisting of Redhawk, located near Palo Verde; Ocotillo, located in Tempe; Sundance, located in Coolidge; West Phoenix, located in southwest Phoenix; Saguaro, located north of Tucson; and Yucca, located near Yuma. The company also includes oil-only power plants, which include Douglas and Yucca GT-4.