Tennessee Valley Authority PARRS A 2029
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael D. Skaggs
- Full Time Employees
- 192
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- Suite 3700, 888 - 3rd Street SW Knoxville TN United States of America T2P 5C5
- IPO Date
- May 19, 1999
- CIK
- 0001376986
- Website
- tva.com
- Similar Companies
- Business
- Tennessee Valley Authority (TVA) operates as a federally owned corporation and the largest public power utility in the United States, providing wholesale electricity generation, transmission, and distribution services to approximately 10 million people across Tennessee and parts of Alabama, Georgia, Kentucky, Mississippi, North Carolina, and Virginia; it also manages flood control, navigation, and land stewardship through 29 hydroelectric dams and related reservoirs. Founded in 1933 and headquartered in Knoxville, Tennessee, TVA generates power from a diverse portfolio including seven nuclear units at three sites, four coal-fired plants, nine combined-cycle natural gas plants, nine simple-cycle gas combustion turbines, one pumped-storage facility, one wind site, 14 solar sites, and purchases from external sources, selling to 153 local distributors, 58 direct industrial customers, seven federal installations, and 12 area utilities via a 16,200-mile transmission grid. In recent developments, TVA secured a $400 million U.S. Department of Energy grant in December 2025 to deploy the nation's first Generation III+ small modular reactor (BWRX-300) at the Clinch River site in partnership with GE Vernova Hitachi, Indiana Michigan Power, and others; formed advanced nuclear agreements with Google, Kairos Power, ENTRA1 Energy, and Type One Energy for fusion power in 2025; and continues transitioning from coal to natural gas and renewables, including replacing the Kingston coal plant with gas turbines, battery storage, and solar by 2026.
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