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The company was known as Constellation Energy Group (former NYSE ticker symbol CEG), a Fortune 500 company and one of the largest electricity producers in the United States, until a merger with Exelon in 2012. [3] When FERC approved the acquisition, Constellation Energy's energy supply business was re-branded as Constellation, an Exelon company.
It's been a year since Exelon merged with Constellation Energy to become the nation's largest competitive integrated energy provider. Economies of scale can provide a simple solution to maximize ...
On February 2, 2022, Exelon completed the corporate spin-off of Constellation Energy, its energy generation business. [14] Constellation was the largest operator of nuclear power plants in the United States and the largest non-governmental operator of nuclear power plants in the world.
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Qualitatively, Exelon (NYS: EXC) is one of the finest companies in the utility business. It offers a clean, diverse generation portfolio, including the largest nuclear fleet in the U.S. and a ...
The planned merger drew negative reactions from some but was ultimately approved by regulators and completed in March 2012. After Exelon completed its acquisition of Constellation Energy, Shattuck assumed the new role of executive chairman. Shattuck retired from Exelon on February 28, 2013 but remained on the board as non-executive chairman. [15]
The Operator and Owner is Constellation Energy following its spin-off from Exelon. Soon after acquiring the power plant, Exelon made in 2001 a request to uprate its power by 20%, from 2894 MWt to 3473 MWt, [ 10 ] resulting in an increase of 193 MWe, the largest approved by the NRC until 2012.
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