With our refocused strategy, KeySpan enters the new millennium with our priorities clearly defined. We have grown our core, regulated businesses through mergers and acquisitions of gas and electric companies, we are building the unregulated businesses through acquisitions and strategic alliances, and will maximize the assets we already own through integrated marketing programs.     In the early stages of downstream deregulation, KeySpan has a distinct advantage over other players in the market. Customers are confused by the choices they have to make and KeySpan is a familiar entity that they understand and trust.

For that reason, it is critical to our growth strategy that we lead with the expansion of our regulated “footprint.” We know the pipe and wire businesses – and our customers know we know it. They have confidence in our ability to meet their needs. Growing our regulated businesses through mergers and acquisitions allowed us to increase the number of customers who believe in KeySpan’s ability to deliver. We are building new customer relationships and leveraging those relationships to sell an increasingly diverse array of products and services.