Exelon Generation Formally Integrates AmerGen Assets Into Exelon Nuclear
The Nuclear Regulatory Commission approved the formal transfer of the operating licenses for these facilities to Exelon Generation on
“The formal integration of AmerGen into Exelon Nuclear is an important milestone for us,” said Exelon Nuclear President and Chief Nuclear Officer
The former AmerGen facilities that joined Exelon Nuclear today include the Clinton Power Station, in
While the AmerGen facilities have operated with combined operations, reporting and regulatory functions with Exelon Nuclear’s seven other nuclear facilities since late 2000, the integration now includes all other business areas, such as budget, employee payroll and benefits, and taxes. Accordingly, the change will have no impact on the safe, reliable production of electricity generated from these plants.
AmerGen was formed in 1997 as a joint venture between British Energy and PECO Energy. AmerGen acquired Clinton Power Station and Three Mile Island Unit 1 in
Exelon Corporation is one of the nation’s largest electric utilities with approximately
SOURCE Exelon Nuclear