8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                                    FORM 8-K



                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                December 11, 2000
                                (Date of earliest
                                 event reported)



                               EXELON CORPORATION
             (Exact name of registrant as specified in its charter)




        PENNSYLVANIA                   1-16169             23-2990190
(State or other jurisdiction  (Commission File Number)    (IRS Employer
      of incorporation)                                    Identification No.)



                      37th Floor, 10 South Dearborn Street
                             Post Office Box A-3005
                          Chicago, Illinois 60690-3005
                    (Address of principal executive offices)

               Registrant's telephone number, including area code:
                                 (312) 394-4321

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Item 5.  Other Events.

On December  11,  2000,  Exelon  Enterprises,  a division of Exelon  Corporation
(Exelon),  and Exelon  Infrastructure  Services,  Inc. (EIS), a business unit of
Exelon  Enterprises,  announced  that EIS acquired  three utility and industrial
infrastructure  services companies and signed a definitive agreement to purchase
a fourth company.

The three  acquired  companies are M.J.  Electric,  Inc. of Iron  Mountain,  MI;
P.A.C.E.  Engineering,  Inc. of Tulsa, OK; and Electric  Services,  Inc. of East
Haven, CT. EIS has signed a definitive agreement to acquire Blair Park Services,
Inc. of Warrington, PA. This transaction is expected to close in January 2001.

The four companies have combined annual revenues of  approximately  $200 million
and  employ  a total  workforce  of  approximately  1,100.  Subsequent  to these
acquisitions, EIS will have 8,000 employees and annualized revenues in excess of
$900 million.

The combined  purchase  price for the four new companies is  approximately  $196
million in cash and stock.  These  acquisitions  are expected to be  immediately
accretive to earnings and are  expected to realize  annualized  revenues of more
than $245 million for calendar 2001. The  contribution to Exelon's  earnings per
share in 2001 is expected to be approximately $0.025.

On December 11, 2000,  EIS issued a press  release  which is attached  hereto as
Exhibit 99.

The matters discussed in this Report and information including expected revenues
and earnings contributions of these acquisitions are forward-looking statements.
The Company's current expectations, anticipated plans and estimates set forth in
these statements are dependent on numerous  factors which may change,  including
market conditions,  unforeseen  regulatory changes,  changes in the labor market
and changes in the overall economy,  any or all of which may affect revenues and
margins.   Readers  are  cautioned   not  to  place  undue   reliance  on  these
forward-looking statements, which speak only as of the date of this Report.

Item 7.  Financial Statements and Exhibits.

(c)      Exhibits.
                  99 - Press release dated December 11, 2000.






                                   SIGNATURES




Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                           EXELON CORPORATION


                                           /S/  Ruth Ann M. Gillis
                                           --------------------------------
                                           Principal Financial Officer



December 18, 2000

EX-99

                                   Exhibit 99



EXELON INFRASTRUCTURE  SERVICES EXPANDS NATIONAL NETWORK WITH THE ACQUISITION OF
ADDITIONAL CONTRACTING COMPANIES

CHICAGO, IL and MORTON, PA, December 11, 2000 - Exelon  Enterprises,  a division
of Exelon Corporation,  and Exelon Infrastructure Services, Inc. (EIS) announced
today that EIS has  acquired  three key  additions to its network of utility and
industrial  infrastructure  services companies and signed a definitive agreement
to purchase another.  EIS,  headquartered in Morton,  Pa., is a business unit of
Exelon Enterprises.

The three acquired companies are M.J. Electric,  Inc., of Iron Mountain,  Mich.;
P.A.C.E.  Engineering,  Inc., of Tulsa,  Okla.; and Electric Services,  Inc., of
East Haven, Conn. In addition,  EIS has signed a definitive agreement to acquire
Blair Park Services,  Inc. of  Warrington,  PA and is expected to close in early
January.

The four companies, with combined trailing twelve-month revenue of $200 million,
employ a total workforce of 1,100. They join EIS to create a business with 8,000
employees and annualized  revenues in excess of $900 million.  The  acquisitions
are  expected to be  immediately  accretive  to  earnings,  and are  expected to
realize annualized revenues of more than $245 million for calendar 2001.

The acquisitions  demonstrate sustained progress toward the EIS goal of becoming
the leading  provider of  infrastructure  services for electric,  gas, cable and
telecommunications  businesses  in the  U.S.,  according  to  Greg  Cucchi,  EIS
Chairman and CEO. Additional acquisitions are planned, he said.

"As the energy and  communications  companies continue to execute their emerging
plans to pursue their rapidly  changing  marketplace,  our customers  need major
turnkey design,  construction,  and maintenance  capabilities," Cucchi said. "We
are meeting this need through the acquisition and  consolidation of high-quality
contracting partners, and by offering, through them, a wide range of utility and
industrial network services nationwide."

He said EIS' mission is to provide bundled services to multiple  infrastructures
within given geographic  regions,  creating  significant  competitive  advantage
through  economies  of scope and scale.  "We plan to  leverage  the  reputation,
operating  profitability,  and entrepreneurial spirit within our partner firms,"
Cucchi said, "bringing increased levels of service, capability, and reach to our
current and future customers."




New Member Company Profiles
- ---------------------------
M.J. Electric, Inc., based in Iron Mountain, Mich., is an electrical contracting
and  engineering  resource firm with more than 40 years of experience  serving a
wide  variety of electric  utility,  telecommunications,  heavy  industrial  and
chemical processing  companies throughout the country. It specializes in design,
construction and maintenance of overhead and underground facilities.  It employs
a workforce of 850.

P.A.C.E.  Engineering,  Inc., based in Tulsa,  Okla.,  with satellite offices in
Gaylord, Mich., and Binghamton, N.Y., the company provides technical services to
the energy and communications industries, including project feasibility studies,
engineering,  drafting, project management,  surveying, inspection,  permitting,
mapping and environmental services. It employs a workforce of 140.

Blair  Park  Services,   Inc.,  based  in  Warrington,   Pa.,  is  a  contractor
concentrating  on the installation of utility poles and lines and the design and
installation of underground electric systems and telecommunications  networks in
the Mid-Atlantic  region. It specializes in consulting,  design,  configuration,
lease,  construction and ongoing support of fiber optic,  dark fiber and network
infrastructure. It employs a workforce of 85.

Electric Services,  Inc., based in East Haven,  Conn., is a 15-year-old  company
focusing on power  protection  and service of electric  equipment for utilities,
engineering firms, large industrial  companies and commercial  businesses in the
U.S. and world markets,  including equipment in the low, medium and high voltage
classes.  Its  services  include  engineering,   design  and  fabrication,   the
remanufacture  of equipment  and  retrofitting  to  solid-state  protection.  It
employs a workforce of 40.

About Exelon Enterprises:

Exelon  Infrastructure  Services is part of the Exelon  Enterprises  division of
Exelon Corporation. The Exelon Enterprises' businesses compete nationwide in the
unregulated  areas  of  energy  supply,   infrastructure  services,   integrated
communications,   thermal  technologies,   energy-efficient  offerings,  turnkey
solutions and capital funding. The Exelon Enterprises portfolio includes: Exelon
Capital  Partners,   Exelon  Infrastructure  Services,   Exelon  Energy,  Exelon
Services,   Exelon  Solutions,   and  Exelon  Thermal  Technologies.   For  more
information visit: www.exelonenterprises.com

About Exelon Corporation:

Exelon  Enterprises' parent company is Exelon Corporation (NYSE: EXC) one of the
nation's  largest  utility  services  companies,  formed from the merger of PECO
Energy  Company and Unicom  Corporation.  Exelon  Corporation  has nearly 19,000
employees,  $12  billion  in  annual  revenues,  an  electric  and  natural  gas
distribution customer base of approximately 5 million and is the largest nuclear
operator in the United States. For more information visit: www.exeloncorp.com.