Jackson Walker L.L.P. successfully represented Exelon Corporation (NYSE: EXC) in the sale of its 550-megawatt power generation facility located in Odessa, Texas. The transaction was completed on January 21, 2015.
Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy provider. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with approximately 35,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and more than one million residential customers. Exelon’s utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO).
The Jackson Walker team included Linda Donohoe, Alex Frutos, Matthew Kimberlin, Leonard Dougal, Ben Rhem, Jerry Webberman, Pat Cowlishaw, Stephanie Osteen and Jim Griffin. The successful transaction demonstrates the depth of experience of the firm’s Corporate & Securities and Energy practice groups in representing a wide range of energy companies in connection with mergers and acquisitions, capital-raising activities, joint ventures, and other strategic alliances.