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Illinova Corporation history
Illinova Corporation company history timeline
By 1995, natural gas marketing contributed only 65 percent of the company's $3.7 billion in revenues.
Watson stepped down as president in November 1996, but retained his chairman and CEO titles, promising to continue controlling day-to-day activities.
Also in 1997, NGC formed several alliances with regional power companies, including NICOR, All Energy, and Canada's Consumersfirst.
1998: NGC changes its name to Dynegy Inc.
In 1999, the company's midstream business sold four gas processing plants, thus reducing operating expenses by $50 million.
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Illinova Corporation may also be known as or be related to Illinova and Illinova Corporation.