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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