Abstract

AbstractElectricity (MIC: SIC: 4911 NAIC: 221121)Pinnacle West Capital is a holding company that operates in two segments: regulated electricity and real estate. Co. owns all of the outstanding equity securities of Arizona Public Service Co. (APS), its key subsidiary. APS, a vertically‐integrated electric utility, provides retail or wholesale electric service to most of the state of Arizona, with the major exceptions of about one‐half of the Phoenix and Tucson metropolitan areas as well as Mohave County in northwestern Arizona. Co.'s other principal subsidiary include SunCor Development Co., while its other first‐tier subsidiaries are APS Energy Services Co., Inc., El Dorado Investment Co. and Pinnacle West Marketing & Trading Co., LLC.

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