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Newsroom Archives — 2000

11/17/00:
TECO Coal acquires Perry County Coal Corporation
TECO Coal Corp., TECO Energy’s coal-mining subsidiary, announced today it has acquired the stock of Perry County Coal Corp. Terms of the transaction were not disclosed.


11/15/00:
TECO Energy addresses the 2020 Study Commission, endorses wholesale electric competition


10/30/00:
TECO Energy elects new board member
TECO Energy announced today that William D. Rockford has been named to its Board of Directors. Rockford is a former Chase Manhattan executive, with a 28-year career specializing in global project finance and the power industry.


10/19/00:
TECO Energy reports third quarter earnings up 20 percent
TECO Energy, Inc. (NYSE:TE) today reported third quarter earnings of $.65 per share, up 20 percent from $.54 per share from continuing operations in 1999. Year-to-date earnings per share were $1.53, 16 percent higher than $1.32 from continuing operations in 1999.


10/18/00:
TECO Energy declares quarterly dividend
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a quarterly dividend of 33.5 cents per share...


9/25/00:
TECO Energy again boosts earnings forecast; invests in two 1,000-MW independent power projects
TECO Energy, Inc. (NYSE/TE) today increased its earnings outlook for 2000 and 2001. The company provided core business growth expectations of 10 percent for each year and projected an additional upside each year from its other businesses, with the 2000 upside quantified at 10 to 15 cents per share.


9/11/00:
New TECO Energy subsidiary to provide customized design, construction and energy services
TECO Energy, Inc.’s BGA subsidiary today announced that it has combined operations with Largo-based BCH Mechanical, Inc., and its affiliated companies. BCH Mechanical is one of the leading mechanical contracting firms in Florida, with more than $40 million in annual sales.


8/10/00:
US Propane completes merger with Heritage Propane Partners
US Propane today announced that it has completed a merger of its operations with Heritage Propane Partners, LP (NYSE: HPG). The merger creates the fourth-largest retail propane distributor in the United States, serving more than 480,000 customers in 28 states.


7/20/00:
TECO Energy reports second quarter earnings per share growth of 15 percent; raises expectations for EPS growth in 2000 and 2001
TECO Energy, Inc. (NYSE/TE) today reported second quarter earnings per share of 46 cents, up 15 percent from 40 cents per share from continuing operations in 1999.


7/19/00:
TECO Energy declares quarterly dividend
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a quarterly dividend of 33.5 cents per share...


6/15/00:
US Propane to merge operations with Heritage Holdings, Inc. to create nation's fourth largest propane distributor
US Propane, LLC announced today that it will combine with Heritage Holdings, Inc., the general partner of Heritage Propane Partners, L.P. (NYSE: HPG), to create the fourth largest retail propane distributor in the United States.


4/19/00:
TECO Energy reports first quarter earnings per share up 11 percent
TECO Energy, Inc. (NYSE/TE) today reported first quarter earnings of 42 cents per share, up 11 percent from 38 cents per share in 1999.


4/19/00:
TECO Energy announces dividend increase
TECO Energy’s quarterly dividend will increase from 32.5 cents per share to 33.5 cents per share...


3/29/00:
TECO Energy presents Run With Us™ 5K at Disney's Wide World of Sports™ Complex
The TECO Energy Run With UsTM 5K foot race will be held at the state-of-the-art Disney’s Wide World of SportsTM Complex on April 15. The 5K race will begin at 5 p.m., with youth races following at 6 p.m.


2/16/00:
TECO Energy to join forces with three other companies to create national propane operation
TECO Energy, Inc. (NYSE/TE) today announced that it has entered into an agreement to form a joint venture which combines its Peoples Gas Company propane operations...


1/31/00:
TECO Energy Brand Showcased for National Audience at DELPHI® Indy 200 at Walt Disney World® Speedway.
TECO Energy in partnership with the Indianapolis Racing League served as the Official Energy Supplier to the 2000 DELPHI® Indy 200 at Walt Disney World® Speedway on January 29.


1/20/00:
TECO Energy Reports fourth quarter and full year 1999 earnings
TECO Energy, Inc. (NYSE/TE) today reported earnings of $1.42 per share for 1999, compared with $1.57 per share in 1998. Reported earnings included the results of discontinued operations, which reduced earnings by $.11 per share in 1999 and added $.02 per share in 1998.


1/19/00:
TECO Energy Declares Quarterly Dividend
At its meeting today, the Board of Directors of TECO Energy, Inc., declared a quarterly dividend of 32.5 cents per share...

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Media Contact
For journalist inquiries only:


CHERIE JACOBS
TECO Energy, Tampa Electric, Peoples Gas
TECO Energy, Inc.
702 N. Franklin Street
Tampa, Florida 33602
E-mail: cljacobs@tecoenergy.com Email Icon