FERC approved the proposed merger of Exelon and Pepco Holdings. The companies announced their proposed merger on April 30. The combination of the companies will bring together Exelon's three electric and gas utilities - BGE, ComEd and PECO - and Pepco Holdings' (PHI's) three electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading mid-Atlantic electric and gas utility.
Atlantic City Electric
Pepco Holdings Inc. (PHI) entered into an enterprise-wide license agreement to deploy a comprehensive grid analytics solution from Landis+Gyr across its service territories. The analytics package includes a suite of applications aimed at enhancing asset life, reliability and distribution system optimization. PHI's operating companies, including Pepco, Delmarva Power and Atlantic City Electric, will deploy six different analytics applications for visualization, planning and real-time operational analytics support.
Exelon and Pepco Holdings signed a definitive agreement to combine the two companies in an all-cash transaction. The agreement, which has been unanimously approved by both companies’ boards of directors, brings together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ electric and gas utilities – Atlantic City Electric, Delmarva Power and Pepco – to create the leading Mid-Atlantic electric and gas utility.