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Mirant Americas Energy Marketing Investments Inc company history timeline

2001

May 21, 2001 -- Mirant's stock closes at $47 a share, the highest it will reach.

June 29, 2001 -- A Senate committee investigating possible price manipulation in California's energy markets cites Mirant and Enron for not turning over documents requested for the probe.

8, 2001 -- The Federal Energy Regulatory Commission orders four energy firms, including Mirant, to give partial refunds for electricity they sold in July 2001 in California and other markets in the Western United States.

2002

March 14, 2002 -- Mirant begins to cut jobs to shore up its balance sheet.

July 30, 2002 -- Mirant announces a restructuring plan that includes selling more assets, limiting borrowing and reducing spending.

1, 2002 -- Fortune magazine's 50 Most Powerful Women list includes Mirant President and CEO Marce Fuller, who came in at No.

2003

May 1, 2003 -- Mirant sells its Canadian natural gas aggregator services contracts, a significant portion of its natural gas transportation contracts and a portion of its storage contracts to Cargill Limited.

June 30, 2003 -- Mirant says support is growing for its bond exchange offers and its pre-packaged reorganization plan.

10, 2003 -- Moving forward through the a downturn in the wholesale power industry, Mirant says it plans to reduce its presence in its own backyard and will instead focus on the Northeast, Midwest and Mid-Atlantic areas of the United States.

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Founded
1997
Company founded
Headquarters
Atlanta, GA
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