Stratrix
On the Record · Exelon

Exelon acquisitions, on the record

The businesses Exelon bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Constellation
Word for word“Additionally, in connection with the separation, on January 31, 2022, Exelon Corporate received cash from Generation of $258 million to settle an intercompany loan that mirrored the terms and amounts of the third-party debt obligations.” 10-K for 2023
divestitureJanuary 31, 2022—
PHI
Word for word“(b) Reflects goodwill recorded in 2016 from the PHI merger.” 10-K for 2024
acquisition2016—
Constellation Energy Corporation
Word for word“Separation Agreement, dated January 31, 2022, between Exelon Corporation and Constellation Energy Corporation File No. 001-16169, Form 8K dated February 2, 2022, Exhibit 2.1” 10-K for 2024
agreed divestitureJanuary 31, 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31−$6.96 billion$4.02 billion
2017-12-31—$0
2019-12-31—$0
2020-12-31—$0
2021-12-31—$0
2022-12-31—$0
2023-12-31—$0
2024-12-31—$0
2025-12-31—$0

Deal filings since 2016

Read from Exelon’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.