
Utility Management Group
Senior decision-makers come together to connect around strategies and business trends affecting utilities.
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Exelon to Separate Its Utility and Competitive Energy Businesses Into Two Industry-Leading Companies
Exelon splitting up by 2022?
“Exelon said separating the two companies will create the nation’s largest fully regulated transmission and distribution utility company. ComEd will remain part of the electricity and natural gas business that has operations in five states and more than 10 million customers. During the next four years, that company will invest $27 billion — including almost $6.6 billion this year alone — to continue modernizing the grid, Exelon executives said.”
Great grid investment ahead for ComEd and Exelon customers at PECO, BG&E and PHI promising continued safe, reliable, and affordable clean energy. No doubt resiliency will be part of the plan as well....
This will be interesting to watch!
Exelon to Separate Its Utility and Competitive Energy Businesses Into Two Industry-Leading Companies
Exelon Corp. (Nasdaq: EXC) today announced its Board of Directors has approved a plan to separate Exelon Utilities (RemainCo), comprised of the compan
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