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Exelon

Exelon Corporation (NYSE: EXC) is a giant electricity generating and distributing company headquartered in Chicago. It was created in October, 2000 by the merger of PECO Energy Company, of Philadelphia, and Unicom, of Chicago (which owned Commonwealth Edison). Exelon has 5.2 million electricity customers and, in Philadelphia, 460,000 natural gas customers. more...

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In June, 2005 Exelon had full or partial ownership of 19 nuclear reactors in 11 nuclear power plants.

On June 30, 2005 the Federal Energy Regulatory Commission approved the merger of Exelon and Public Service Enterprise Group Inc., a New Jersey utility, thus creating the largest utility in the US . This merger will add PSEG's 2 million electric and 1.6 million natural gas customers, and will add 1 more reactor to Exelon, for a total of 20. The merger is set to be completed in the second quarter of 2006, at which time the name of the company will change to Exelon Electric & Gas.

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FPL Energy, Exelon Dedicate New Wind Farm in WV
From Renewable Energy Today, 7/14/03

FPL Energy recently joined with Exelon Corporation and West Virginia governor Bob Wise to dedicate a new 44-turbine wind energy facility located along the ridge of Backbone Mountain in Thomas, WV, that the company claims will be the "largest wind farm in the east." FPL Energy, which purchased the 66-megawatt wind farm from Richmond, VA-based Atlantic Renewable Energy Corporation, said all electricity generated by the facility will be sold to Exelon.

"Taking advantage of wind...puts us in a unique position to further economic development in the region and generate clean power," said Wise during the dedication.

FPL Energy, a subsidiary of FPL Group, is an unregulated wholesale generator of energy, including 30 wind facilities in operation in 10 states, which represents more than 20 percent of the company's portfolio. Exelon Corporation, headquartered in Chicago, distributes electricity to approximately five million electric customers in Illinois and Pennsylvania.

Contact: FPL Energy, website http://www.fplenergy.com.

(EIN STAFF: 7/9)

Copyright (c) 2003 by EIN Publishing, Inc.

COPYRIGHT 2003 EIN Publishing, Inc.
COPYRIGHT 2003 Gale Group

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