THE LOOP CAPITAL / EXELON CONNECTION - PART 2

Two short years after the US's LARGEST NUCLEAR POWER COMPANY Exelon gobbles up Constellation Energy (and its CEO Mayo Shattuck the 3rd – more on him later) comes this news:

Exelon Acquires Pepco for $6.8B

"In the latest of a wave of utility mergers, Chicago giant Exelon announced Wednesday it is picking up Pepco Holdings for $6.8 billion in cash, making it the top player along the mid-Atlantic.

The combination of Exelon's BGE in Baltimore, ComEd in Chicago and PECO in Philadelphia with Pepco's Atlantic City Electric in New Jersey, Delmarva Power in Delaware

and Pepco in Washington, D.C.,

(ED NOTE : all DEM strongholds)

will serve 10 million customers with a rate base of $26 billion…

Barclays' John Lange and Jay Hawthorn, Goldman Sach's Matt Gibson