AmerGen Energy Company Description
Three Mile Island looked like an opportunity, not a disaster, to AmerGen Energy, which acquires and operates nuclear plants as an independent power producer in North America. AmerGen was formed to capitalize on a marketplace in which utilities were unloading their nukes due to new laws or high operational costs. It operates the Clinton Nuclear Power Station, the Three Mile Island Unit No. 1 and the Oyster Creek Generating Station. Its assets give it a generating capacity of about 2,500 MW. AmerGen is a part of utility holding company Exelon's Exelon Generation Company unit. In 2009 it merged with Exelon Generation in a reorganization.
View the Comprehensive Company Description for AmerGen Energy
The Company Description provides a historical perspective of AmerGen Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of AmerGen Energy's evolution in the marketplace.
