Divorce: Exelon to split generation from transmission and distribution
Chicago-based Exelon Corp., the largest vertically integrated investor-owned utility in the U.S., on Tuesday (Feb. 24) announced a divorce. The company said it will spin off its generating assets, primarily the largest nuclear fleet in the country, into a stand-alone, publicly traded enterprise, with the token name of “SpinCo,” while retaining its multi-state regulated transmission… More Divorce: Exelon to split generation from transmission and distribution