Tag Archives: exelon

Exelon to Split Businesses

Utilities subsidiaries “Remain”, while power generation businesses “Spin” off Exelon Corp. announced yesterday that its board of directors has approved a plan to separate Exelon Utilities (RemainCo), comprised of the company’s six regulated electric and gas utilities, and Exelon Generation (SpinCo), its power generation and customer-facing energy businesses into two publicly traded companies. The move […]

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Starbucks, Exelon Go Green

Long-term agreement will use renewables at Illinois locations Constellation, an Exelon company and the nation’s leading competitive energy provider, has signed a long-term agreement with Starbucks to power more than 340 company-operated Illinois stores with 100 percent renewable energy produced by Enel Green Power (EGP) North America, Inc.’s HillTopper wind project in Logan County, Ill. […]

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Exelon Backs Volta

Exelon invests in energy storage One of the largest U.S. energy providers has invested in an energy storage startup, further indicating that the sector is on the rise within the utility world. Exelon’s undisclosed investment, announced December 12, will help fund Volta Energy Technologies, a startup based in the Chicago suburb of Naperville, Ill., that […]

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Three Mile Island

Infamous power plant likely to close by 2019 The accident that occurred at the Three Mile Island nuclear power plant on March 28, 1979 is remembered by many as a great scare, as well as the most dangerous nuclear meltdown in United States history. It ushered in an era of of stricter regulations on nuclear […]

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Shift In Power

Election result brings uncertainty to the power sector; what happens now? The unexpected results of Tuesday night and early Wednesday morning sparked uncertainty in a number of industries across the country. One area that will now float into uncharted territory is the power sector. Many utilities were focusing on reducing carbon emissions, modernizing the grid, […]

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Capital Gains?

Surprise approval of Exelon-Pepco merger In what was a highly unanticipated decision — even to experts and analysts on the subject — District of Columbia regulators approved the precarious Exelon-Pepco Holdings merger on Wednesday afternoon. The $6.8 billion deal creates the largest utility provider in the United States. In limbo for the past two years, the […]

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Capital Losses?

$6.8 billion Exelon/Pepco merger on life support Court action in Washington, D.C. has stifled a potential merger that would create the nation’s largest utility service, leaving many to believe the motion is dead for the second time since its proposal in 2014. Exelon, of Chicago, Ill., and Pepco, headquartered in D.C., have been engulfed in a […]

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