Why is this giant electric utility worthy of investment: Exelon Corporation :(NASDAQ:EXC)?
Exelon Corporation (NASDAQ: EXC) is an American energy company headquartered in Chicago, Illinois. It is one of the largest electric utility holding companies in the United States, serving approximately 10 million customers across Illinois, Maryland, and Pennsylvania. Exelon operates a diverse portfolio of energy generation assets, including nuclear, natural gas, wind, solar, and hydroelectric power.
The company was formed in 2000 through the merger of PECO Energy Company and Unicom Corporation, creating a company with a strong presence in both regulated and competitive energy markets.