Exelon Corp., parent of BGE and Constellation, to split into two companies

Exelon Corp., the parent company of locally-based Constellation and Baltimore Gas & Electric Co., will split into two different publicly traded companies, one for its regulated utilities and another for its power-generating business.

The plan, announced Wednesday morning, would spin off Exelon Generation, the company’s power generation and customer-facing energy business, to become the nation’s largest supplier of clean energy. Exelon Utilities will continue to encompass the company’s six regulated…

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