Delmarva Power & Light Co.

• Public
• US

Dow Jones Description

Pepco Holdings, Inc. (Pepco Holdings or PHI) is a diversified energy company that, through its operating subsidiaries, is engaged in three principal areas of business operations: ? regulated electricity and natural gas delivery, ? competitive energy generation, marketing and supply, and ? other activities consisting primarily of investments in energy-related assets. PHI is a public utility holding company registered under the Public Utility Holding Company Act of 1935 (PUHCA) and is subject to the regulatory oversight of the Securities and Exchange Commission (SEC) under PUHCA. As a registered public utility holding company, PHI requires SEC approval to, among other things, issue securities, acquire or dispose of utility assets or securities of utility companies and acquire other businesses. In addition, under PUHCA, transactions among PHI and its subsidiaries generally must be performed at cost and subsidiaries are prohibited from paying dividends out of capital or unearned surplus without SEC approval.

Chief Executive Officer

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Peer Companies

• Korea Electric Power Corp.
• Constellation Energy Group Inc.
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