Energy Choice
                            

Matters

Exelon Says Further Merchant Plant Sales Possible

August 11, 2016

Email This Story
Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Exelon said during an analyst day that it is engaged in an asset rationalization process, which it undertakes annually, to determine where the market values its merchant generation

Noting that Exelon has not hesitated in the past to sell assets where the market valued them higher than what Exelon could earn from the assets, Chris Crane, Exelon President & Chief Executive Officer, said the company would continue that approach, stating, "we'll take the opportunity to monetize some of our merchant assets as we see the market valuing them higher than we can."

Crane added that in addition to sales, the asset rationalization process may result in retirements, such as shutting down peakers that aren't carrying their own weight

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Channel Partner Manager, Northeast -- Retail Provider
• NEW! -- Sales Operations Analyst -- Retail Provider -- Houston
• NEW! -- Risk Analyst -- Retail Provider -- Houston
• NEW! -- Northeast Operations Analyst -- Retail Provider -- Houston
• NEW! -- Financial Analyst – Broker Commissions -- Retail Provider -- Houston
• NEW! -- Channel Relations Manager -- Retail Provider
• NEW! -- Software Developer -- Retail Provider -- Houston
• NEW! -- Director of C&I Sales -- Retail Provider -- Texas
• NEW! -- Pricing Analyst -- Retail Provider -- Houston
• NEW! -- Director of Pricing -- Retail Provider -- Houston
• NEW! -- Business Development Manager -- Retail Provider
• NEW! -- Operations Manager - Retail Energy Supplier
• NEW! -- Assistant Controller/Bookkeeper -- Retail Provider -- DFW
• NEW! -- Client Services Lead