Mirant Corporation produces and sells electricity in the United States. It generates electricity through coal-fired, and oil and gas generating facilities. The company’s operations primarily consist of procuring fuel, dispatching electricity, hedging the production and sale of electricity by its generating facilities, managing fuel oil, and providing logistical support for the operation of its facilities. Its customers include independent system operators, investor-owned utilities, municipal systems, aggregators, electric cooperative utilities, producers, generators, marketers, and industrial customers. As of December 31, 2007, Mirant owned or leased approximately 10,280 megawatts of electric generating capacity. The company was founded in 1982 and is headquartered in Atlanta, Georgia.