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Peco parent Exelon plans to separate into two firms: “Our customers expect us to continuously innovate.” Andrew Maykuth, The Philadelphia Inquirer © MICHAEL S. WIRTZ/The Philadelphia Inquirer/TNS Exelon s Limerick Generating Station in Montgomery County. The power plant would be owned by a new generation company that Exelon announced Wednesday it was spinning off into a separate company. Exelon Corp. announced Wednesday it plans to spin off its power-generation business from the company’s six utilities, including Peco, Atlantic City Electric and Delmarva Power. Popular Searches The Chicago company said the separation of the business units, a strategy adopted by PPL Corp. in Allentown and other utilities, is aimed at streamling operations and increasing shareholder value.

United statesPeach bottomDistrict of columbiaNew jerseyAtlantic cityKennett squarePaul adamsExelon corpConstellation energyLimerick generating stationAtlantic city electricThree mile islandChief executive officer christopher craneExelon generationIts pecoThree mile island unit