Tag Archives: pepco

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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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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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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