Exelon as born as a result of a merger between two giants namely PECO (Philadelphia Electric Company) Energy Group of Philadelphia and Unicom Group of Chicago in October 2000.
Image: company website
Exelon is a constant amongst the American Fortune 150, having its headquarters in the Chase Tower in Chicago Loop area of Chicago, Illinois, the company provides livelihood to more than 34, 000 employees. Generating a revenue of more than $ 34.5 bn, it is the largest electric holding company in the United States by revenue.
Simultaneously it is also the biggest operator of nuclear power plants in US having full or majority ownership of 17 reactors across 10 nuclear power plants in the US. The company also operates regulated utilities in Pennsylvania, Maryland, Illinois, New Jersey, Delaware and Washington DC.
Constantly growing in size by means of inorganic growth, the company merged with Constellation Energy Group in March of 2012 and only 3 months back in March 2016, it acquired another major called Pepco Holdings, an acquisition which was announced back in April 2014 by means of an all-cash transaction. Primarily listed as EXC over the New York Stock Exchange it is also a S&P 500 component. The current CEO is Christopher Crane.
Generating and providing power through multiple sources it provides over 19000 MW through nuclear power plants, over 12,000 MW through Fossil generation Portfolio it also maintains Hydro and Solar Power plants.