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Exelon Said to Weigh Separation of Non-Utility Operations (1)

Oct. 12, 2020, 9:55 PM

Exelon Corp. is considering a breakup that would involve separating its non-utility assets, according to people familiar with the matter.

The Chicago-based company is working with advisers to evaluate the split, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and Exelon could opt to keep its current structure, they said.

“As we most recently communicated on our second quarter earnings call, we regularly review our corporate structure and overall mix of businesses to determine how to best create value and position our businesses for success,” William Gibbons, a ...

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