Exelon Corp., parent of Pepco, to split into two companies

Exelon Corp., the parent company of D.C. electric utility Pepco, 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 utilities, including Baltimore…


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