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July 14, 2024
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Group Proposes to Buy Pepco’s DC Assets
Exelon Would Keep Md., Del., NJ PHI Units
A newly formed advocacy group on Friday filed its intent to acquire the district assets of Pepco Holdings Inc. and transform it into a not-for-profit utility that it said will generate about $1 billion in savings over the next 20 years.
Company NewsDistrict of Columbia