Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, December 11, 2020

Opinion: Is Exelon Spinoff Prelude to a Nuclear Bailout? – Maryland Matters

Opinion: Is Exelon Spinoff Prelude to a Nuclear Bailout? – Maryland Matters: Last month, The Baltimore Sun reported that nuclear energy behemoth Exelon, owner of Baltimore Gas and Electric Co. and five other utilities, may spin off its electricity-generation business into a new, separate company. The reason for this impulse is obvious: Exelon’s nuclear business is bleeding money and threatens the company’s stock prices. Exelon is desperate …

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