It has been a bumpy year for energy players like Exelon, one of the largest power generators in Texas. Most recently, the company had to contend with damage and delays caused by winter storms in that state, which overwhelmed the electric grid and disrupted millions of lives. The Chicago-based company’s revenue came in at $33 billion, down 4% year over year, and net income was nearly $2 billion, a decrease of 33% from the year before. And there are more changes on the horizon: Exelon has announced that it will separate its utilities businesses from Generation, its power generation division, creating two publicly traded companies.
Lists ranking Exelon
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...READ MOREview in list
Latest news for Exelon
- TechNew GE Chief Confirms Narrower Focus for Industrial CloudSeptember 20, 2017 7:42 PM UTC
- TechHere’s Why GE Shelved Plans to Build its Own Amazon-Like CloudSeptember 6, 2017 8:11 PM UTC
- TechAnnouncing the speaker lineup for Fortune Brainstorm E (that’s for energy)August 18, 2015 4:30 PM UTC
- TechBig power company Constellation to finance Bloom Energy’s fuel cellsAugust 12, 2015 1:00 PM UTC