About Exelon Corporation (EXC)

Company Description:

Exelon Corporation, a leading energy provider, primarily operates in the regulated electricity industry. It is known for its significant involvement in the generation, delivery, and marketing of electricity. The company's operations are primarily segmented into Utilities – Regulated Electric, focusing on the generation and sale of electricity to residential, commercial, industrial, and wholesale customers.

Exelon was founded on February 4, 1999, through the merger of PECO Energy Company and Unicom Corporation, and it is headquartered in Chicago, Illinois, United States.

Main Product(s):

Exelon's primary product is electricity, generated through a mix of sources including nuclear, wind, solar, hydroelectric, and natural gas facilities. They also offer energy-related services to their customers.

Short History of Exelon Corporation:

• 1999 – Exelon was formed through the merger of PECO Energy and Unicom Corporation.
• 2000s – The company expanded its nuclear portfolio, becoming the largest operator of nuclear power plants in the United States.
• 2012 – Exelon merged with Constellation Energy Group, expanding its reach in the energy market.
• 2020 – Announced plans to separate its utility and power generation businesses, focusing more on regulated utilities.