Exxon power company

Exelon power company, the largest nuclear power company in the United States, has 10 power plants with an annual power generation capacity of 18000 MW. Exxon was formed by the merger of Chicago's Unicom and Philadelphia's Peco in 2000. The start of the new company is to shift power generation technology to nuclear power and sell all the thermal power plants immediately.

Exelon Corporation is a public utility holding company. Its subsidiaries are mainly engaged in the production, purchase, transmission, distribution and sale of electricity for residential, commercial, industrial and wholesale customers. It also distributes and sells natural gas to residential, commercial and industrial customers. Exelon is a bold, creative and responsible company whose employees focus on setting standards for the public service industry.

Exelon, an American power operator, spent $12 billion to buy P.S.E. & g. the merger of the two companies will form a larger power company in the United States. Along with pseg, Exelon will take over $14 billion of its debt.

Exelon will buy P.S.E. & G for $51.28 a share. After the acquisition, Exelon can expand its business to the northeast of the United States, which is the largest electricity consumption market in the United States. The new company, called Exelon electric & gas, will provide electricity to 7 million users in Illinois, Pennsylvania and New Jersey, and gas to 2 million users in those States. After the merger, the company's annual revenue will exceed $26 billion and the number of employees will reach 25000.