SEI purchased four power plants: the 837-megawatt Dickerson Station, fueled by coal, oil and natural gas in Montgomery County, MD; the 2,423-megawatt Chalk Point Station, fueled by coal, oil and natural gas in Prince George's County, MD; the 1,412-megawatt Morgantown Station, fueled by coal and oil in Charles County, MD; and the 482-megawatt Potomac River Station, fueled by coal in Alexandria, VA. Also included in the sale is a 140,000-sf central generation maintenance and office facility in Forestville, MD.

Pepco also transferred ownership of two small plants in the District of Columbia to a new wholly owned unregulated subsidiary of Pepco Energy Services. SEI will operate these plants.

SEI will sell power from the plants back to Pepco for up to four years. It also acquired the Piney PointOil Pipeline, a 51.5-mile pipeline serving the Chalk Point and Morgantown power plants, Pepco's rights and obligations to the 84-megawatt Southern Maryland Electric Cooperative combustion turbine, and an engineering maintenance service facility.