Exelon, an energy company, completed the spin-off of Exelon Utilities, comprised of the company’s six regulated electric and gas utilities, and Exelon Generation, its competitive power generation and customer-facing energy businesses, into two publicly traded companies. "Today is an important milestone in Exelon’s history. With the successful completion of our separation, we step forward in a strong position to serve customer needs, drive growth and social equity in the communities we serve, and deliver sustainable value as our industry continues to evolve. As we look to the future, we will advance our core business strategies to meet unique customer and community priorities. We will continue to invest in and modernize the grid for safe, clean and affordable energy choices, a world-class customer experience and more equitable communities. I extend my thanks to the Exelon and Constellation teams for their focus and hard work throughout the separation process. I look forward to the value the new Exelon will deliver as the premier transmission and distribution utility company in the country," Christopher M. Crane, Exelon President and CEO.