Philadelphia, October 19 – Exelon, the largest nuclear power operator in the United States, made an unsolicited offer to acquire NRG Energy for $6.2bn in stock, in a move to expand geographically and boost earnings and cash flow.
The combined company would be the number one US power company, with generating capacity of around 47,000 megawatts, or enough electricity to serve nearly 45m, Exelon said in a statement.
