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July 03, 2015 11:05 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Tennessee Valley Authority

Company Overview

Tennessee Valley Authority engages in the production and sale of electricity in the United States. It generates power from coal-fired, nuclear, hydroelectric facilities, and combustion turbine and diesel generators. The company sells power at wholesale to distributor customers comprising municipalities and cooperatives that resell the power to their customers at a retail rate. It also supplies power directly to federal agencies and customers with large or unusual loads, as well as customers with whom it has entered into exchange power arrangements. As of September 30, 2008, it operated various power generating facilities, including 29 conventional hydroelectric sites, 1 pumped storage hydroe...

400 West Summit Hill Drive

Knoxville, TN 37902-1499

United States

Founded in 1931

11,542 Employees

Phone:

865-632-2101

Fax:

865-632-6901

Key Executives for Tennessee Valley Authority

Chief Executive Officer and President
Age: 61
Chief Financial Officer and Executive Vice President
Age: 52
Chief Operating Officer and Executive Vice President
Age: 55
Senior Vice President of Watts Bar Nuclear Operations & Construction
Age: 55
Chief Nuclear Officer and Executive Vice President
Age: 59
Compensation as of Fiscal Year 2015.

Tennessee Valley Authority Key Developments

Google Chooses Tennessee Valley Authority's Site for Next Data Center

The Tennessee Valley Authority announced that Google has chosen TVA's Widows Creek soon-to-be retired coal plant site in North Alabama to build it's new data center the 14th across the globe.

TVA to Build New Montgomery-Clarksville Transmission Line

Tennessee Valley Authority has announced plans to build a new 12-mile Montgomery-Clarksville transmission line. TVA is proposing upgrades to its transmission system that would increase reliability and provide power for the growing electricity demand in the Clarksville area. TVA's Montgomery substation and Clarksville Department of Electricity's East Clarksville substation would be expanded to accommodate the new higher voltage line.

Tennessee Valley To Sell Bought During Coal Ash Spill Cleanup

Tennessee Valley Authority is planning to sell 62 properties it had purchased while cleanup of toxic ash spill. 39 vacant parcels and 23 parcels with homes will be auctioned on-site July 25.

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Recent Private Companies Transactions

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Merger/Acquisition
February 12, 2015
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