Exelon Corporation and Constellation Energy recently announced that they have completed their merger. The merger creates the leading U.S. competitive energy provider with one of the industry’s cleanest and lowest-cost power generation fleets, and one of the largest retail customer bases in the nation. The new company retains the Exelon name and remains headquartered in Chicago, with significant operations in Maryland, Illinois and Pennsylvania.
The merged company is now one of the nation’s largest competitive energy products and services suppliers by load and customers, serving more than two-thirds of America’s Fortune 100 companies. Exelon will have a coast-to-coast presence with operations and business activities in 47 states, the District of Columbia, and Canada. The company also has one of the nation’s largest and cleanest power generation fleets, with approximately 35,000 megawatts of owned power generation, including more than 19,000 megawatts of nuclear power.
The three utilities within Exelon – BGE, ComEd and PECO – remain headquartered in Baltimore, Chicago and Philadelphia, respectively. Together, they make Exelon one of the nation’s largest residential electricity and natural gas distribution companies, serving 6.6 million gas and electric customers across three states.
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