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Atlantic City Electric

company 1 Deal 4 Partners

Atlantic City Electric is a regulated electric utility, a subsidiary of Exelon Corporation, providing electricity distribution and transmission services to approximately 560,000 customers across southern New Jersey. The company focuses on grid modernization, reliability enhancements, and supporting the state's clean energy goals.

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Founded 1907 1,500 employees Parent: Exelon Corporation
UtilityOperatorDeveloperOfftaker

Strategic Overview

  • Focus on enhancing grid reliability and resilience against extreme weather events.
  • Committed to supporting New Jersey's clean energy goals through grid modernization and enabling EV infrastructure.
  • Leveraging smart grid technologies to improve operational efficiency, reduce outages, and enhance customer experience.

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Investment Focus

Technologies
Solar1
Geography
USA1

Key People

Gary Stockbridge
President & CEO

Track Record

117
Years Active
Notable projects: Smart Energy Network Deployment, Grid Reliability and Resilience Upgrades

Detailed Analysis

Technologies
DistributionTransmissionSmart GridEV Charging
Sectors
Utilities
Geographies
United StatesNew Jersey
Deal Stage
OperatingBrownfieldGreenfield

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