Private company

TECO Energy

Energy Company

TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, and a subsidiary of Emera Incorporated. TECO Energy has several subsidiaries: Tampa Electric, which provides electricity to the Tampa Bay Area and parts of Central Florida; Peoples Gas Company, which provides natural gas throughout Florida; and TECO Services, which provides IT, HR, legal, facilities, and other services to current and former TECO subsidiaries. Previously the company was in the S&P 500 before it became private due its acquisition by Emera.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1899Founded1
  • Industryenergy industry1
  • HeadquartersTampa1
  • Websitewww.tecoenergy.com
  • Listed onNew York Stock Exchange (TE)1
  • Legal formProfit Corporation4
  • LEIO7KLLUCLFHPD07BN2U204
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O NICHOLSON, DAVID M, 33602 Tampa, United States4
  • Registered withFlorida Division of Corporations, F151414

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Big Bend Power Station
Photo: Wknight94 talk, CC BY-SA 3.0, via Wikimedia Commons7

TECO Energy Inc. is an energy-related holding company based in Tampa, Florida, and a subsidiary of Emera Incorporated. TECO Energy has several subsidiaries: Tampa Electric, which provides electricity to the Tampa Bay Area and parts of Central Florida; Peoples Gas Company, which provides natural gas throughout Florida; and TECO Services, which provides IT, HR, legal, facilities, and other services to current and former TECO subsidiaries. Previously the company was in the S&P 500 before it became private due its acquisition by Emera.3

Corporate structure

TECO Energy is part of a group headed by Emera. 15 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Emera Halifax, Nova Scotia, Canada
    • EMERA US HOLDINGS INC. 100% · Wilmington, Delaware, United States
      • TECO Energy Tampa, Florida, United States
        • TAMPA ELECTRIC CO Tampa, Florida, United States
        • NEW MEXICO GAS COMPANY, INC. Subsidiary · Albuquerque, New Mexico, United States
        • TECO ENERGYSOURCE, INC. Subsidiary · Tampa, Florida, United States
      • EMERA ENERGY SERVICES, INC. Subsidiary · Halifax, Nova Scotia, Canada
    • Nova Scotia Power Halifax, Nova Scotia, Canada
      • Trenton Generating Station Subsidiary · Nova Scotia, Canada
    • Bridgeport Energy LLC Subsidiary · Halifax, Nova Scotia, Canada
    • Emera Energy Incorporated Subsidiary · Halifax, Nova Scotia, Canada
      • EMERA ENERGY U.S. SUBSIDIARY NO. 1, INC. Subsidiary · Halifax, Nova Scotia, Canada
    • EMERA ENERGY LIMITED PARTNERSHIP Subsidiary · Halifax, Nova Scotia, Canada
    • Rumford Power Inc. Subsidiary · Halifax, Nova Scotia, Canada
    • Tiverton Power LLC Subsidiary · Halifax, Nova Scotia, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What TECO Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$10.2B8 Dec 31, 2015$9.7B8 Dec 31, 2014+4.7%
Accumulated depreciation$2.7B8 Dec 31, 2015$2.6B8 Dec 31, 2014+2.5%
Property and equipment, net$7.5B8 Dec 31, 2015$7.1B8 Dec 31, 2014+5.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$23.8M8 Dec 31, 2015$25.4M8 Dec 31, 2014−6.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$408.4M8 Dec 31, 2015$408.3M8 Dec 31, 20140%

The story

In 1899, Colonel Peter O. Knight created Tampa Electric Company to serve the energy needs of a growing Tampa community.

In 1903, a steam generating plant, renamed the Peter O. Knight Station in 1969, was built on Jackson Street, and by 1906, the first turbo-generator was installed. At the dawn of the 20th Century, Tampa Electric Company promoted such conveniences as electric lights and fans, and over more than 20 miles of track connecting Tampa, Ybor City and Ballast Point.

Modern downtown offices were opened in 1914 at the corner of Cass and Tampa Street. At the end of the century, Tampa Electric and parent company, TECO Energy, employed more than 5,000 men and women in six states and South America.

On September 4, 2015, Emera, a utility holding company based in Halifax, Nova Scotia, Canada, announced the pending acquisition of TECO Energy. That purchase closed on July 1, 2016, and TECO Energy, Inc. became a wholly owned subsidiary of Emera, Inc.

From Wikipedia’s article on TECO Energy, shared under CC BY-SA 4.0.5

Leadership

Who has led TECO Energy, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Sherrill W. Hudson2006–2010
  2. John B. Ramil2011–2016

Chair

  1. Sherrill W. Hudson2006–2013

President

  1. John B. Ramil2006–2016
  2. J. J. Shackleford2006–2010
  3. Sal Litrico2006–2007
  4. William N. Cantrell2006–2009
  5. Phil L. Barringer Jr.2009–2012
  6. Gordon L. Gillette2010–2016
  7. Clark Taylor2011–2015
  8. Annette Gardiner2014
  9. Ryan A. Shell2015–2016

Chief financial officer

  1. Gordon L. Gillette2006–2009
  2. Sandra W. Callahan2010–2016

Chief operating officer

  1. John B. Ramil2006–2010
197019801990200020102020
Board members and other officers (20)

Subsidiaries and ownership

Parent company (GLEIF)

Ultimate parent

Subsidiaries (GLEIF)

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Oct 2, 2017Parent Directly consolidated by EMERA US HOLDINGS INC.4
  2. Apr 6, 2011New chief executive John B. Ramil becomes CEO9
  3. Jan 4, 2006New chief executive Sherrill W. Hudson becomes CEO10
  4. 1899Founded Founded1

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Encompass Capital Advisors LLC34,968,169$331.5M14.3%No change
BlackRock, Inc.26,185,723$248.2M0.0%+10,793,747
State Street Corp15,561,827$147.5M0.0%+9,097,588
Invesco Ltd.11,105,876$105.3M0.0%+9,788,897
Two Sigma Investments, LP9,240,988$87.6M0.1%−1,860,780
Vanguard Capital Management LLC8,796,698$83.4M0.0%+670,434
Discovery Capital Management, LLC / Ct7,465,100$70.8M2.9%New
UBS Group AG5,081,896$48.2M0.0%+1,699,702
Geode Capital Management, LLC5,044,054$47.8M0.0%+170,022
Citadel Advisors LLC4,995,804$47.4M0.0%+2,947,621
Situational Awareness LP4,900,000$46.5M0.2%−5,100,000
Renaissance Technologies LLC4,212,906$39.9M0.1%−7,645,400
Bnp Paribas Financial Markets3,789,797$35.9M0.0%+1,422,255
Barclays PLC3,626,766$34.4M0.0%+2,340,960
First Trust Advisors LP3,175,151$30.1M0.0%+2,709,134
Electron Capital Partners, LLC2,931,918$27.8M1.1%−2,997,667
Morgan Stanley2,798,281$26.5M0.0%+35,132
Jupiter Asset Management Ltd2,586,348$24.5M0.1%New
Susquehanna International Group, Llp2,350,599$22.3M0.0%+839,508
Goldman Sachs Group Inc2,219,949$21.0M0.0%−2,285,987
Gladstone Institutional Advisory LLC2,104,356$19.9M0.6%+44,620
D. E. Shaw & Co., Inc.1,880,833$17.8M0.0%+1,537,430
Northern Trust Corp1,671,312$15.8M0.0%+29,983
Vanguard Portfolio Management LLC1,599,298$15.2M0.0%−99,044
Vanguard Fiduciary Trust Co1,458,848$13.8M0.0%+165,205

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How TECO Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTECO ENERGY INC2
  • CIK0000350563
  • Employer ID (EIN)59-20522862
  • Filer statusNon-accelerated filer2
  • Incorporated inFlorida2
  • Fiscal year endsDecember 312
  • Industry code (SIC)4911 Electric Services2
  • Business address702 N Franklin St, Teco Plaza, Tampa, FL 336022
  • Phone81322841112
  • Shares outstanding1,000 as of Nov 4, 201642
  • Public float$4.1B as of Jun 30, 20158
  • On EDGAR sinceJan 28, 19942
  • Filings1,583 in all: 4 (922), 8-K (282), 10-Q (66), SC 13G/A (33), 424B5 (28), DEFA14A (28), DEF 14A (21), 10-K (20)2
    All 51 form types

    ARS (15), 3 (14), 4/A (11), 424B3 (11), U-3A-2 (11), UPLOAD (10), S-3 (8), SC 13G (7), CORRESP (6), SC 13D/A (6), U-3A-2/A (6), 10-K/A (5), 8-K/A (5), S-3/A (5), S-3ASR (5), S-4 (5), S-8 (5), POS AM (4), POSASR (4), S-4/A (4), SC TO-I/A (3), 10-K405 (2), 10-Q/A (2), 15-12B (2), 25-NSE (2), 424B2 (2), 425 (2), 5 (2), 8-A12B (2), FWP (2), NO ACT (2), S-8 POS (2), 25 (1), 3/A (1), 8-A12B/A (1), CERTNYS (1), DEFM14A (1), EFFECT (1), PRE 14A (1), PREM14A (1), S-3D (1), SC 13D (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2016
    Quarterly report (10-Q) Nov 8, 2016
    Proxy statement (DEF 14A) Mar 11, 2015
    Latest 8-K (8-K) Aug 31, 2016

Sources

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