Unicom and PECO Energy complete merger

The merger of Unicom and PECO Energy creates Exelon, one of the nation’s largest electric utilities, with more than $12 billion in annual revenues. The company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity and gas to approximately five million customers in Illinois and Pennsylvania. The company also has holdings in such competitive businesses as energy, infrastructure services, energy services and telecommunications. Exelon is headquartered in Chicago.


By KATE THOMAS
OGJ Online

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