Rowe for US power giant

January 2005
Power Economics;1/11/2005, Vol. 9 Issue 1, p2
The article reports that John Rowe, the chairman, president and CEO of the power giant Exelon Corp., has given his assent to the proposed merger between Exelon Corp. and Public Service Enterprise Group Inc. (PSEB) to create the largest power company in the U.S. with total assets of $79 billion. The new company--Exelon Electric & Gas--will have a generation portfolio of 52,000 MW. Rowe is tipped to become the president and CEO of the new company. The new board will comprise 12 members nominated by Exelon and six members nominated by PSEB.


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