-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C4AsDnWl8RuPqsiiM1x9GOdWHH7Qr9nn76urBfin2LBw3LPfFO2jTPTebFwnj/ju 4o9DsH2LSFcBZkl4uq5jhg== 0000950159-02-000347.txt : 20020522 0000950159-02-000347.hdr.sgml : 20020522 20020522172259 ACCESSION NUMBER: 0000950159-02-000347 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020522 ITEM INFORMATION: Other events FILED AS OF DATE: 20020522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXELON GENERATION CO LLC CENTRAL INDEX KEY: 0001168165 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 233064219 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-85496 FILM NUMBER: 02660236 MAIL ADDRESS: STREET 1: 10 S DEARBORN STREET STREET 2: 37TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60690 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXELON CORP CENTRAL INDEX KEY: 0001109357 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 232990190 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16169 FILM NUMBER: 02660235 BUSINESS ADDRESS: STREET 1: 10 S DEARBORN ST 37TH FLR STREET 2: PO BOX A-3005 CITY: CHICAGO STATE: IL ZIP: 60690-3005 BUSINESS PHONE: 3123947399 MAIL ADDRESS: STREET 1: P O BOX 767 CITY: CHICAGO STATE: IL ZIP: 60690 8-K 1 exelon8k5-22.txt 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 May 22, 2002 (Date of earliest event reported)
Commission File Name of Registrant; State of Incorporation; Address of IRS Employer Number Principal Executive Offices; and Telephone Number Identification Number - --------------------- --------------------------------------------------------- ------------------------- 1-16169 EXELON CORPORATION 23-2990190 (a Pennsylvania corporation) 10 South Dearborn Street - 37th Floor P.O. Box 805379 Chicago, Illinois 60680-5379 (312) 394-7398 333-85496 EXELON GENERATION COMPANY, LLC 23-3064219 (a Pennsylvania limited liability company) 300 Exelon Way Kennett Square, Pennslyvania 19348 (610) 765-8200
Item 5. Other Events On May 22, 2002 Exelon Corporation issued the following press release regarding Exelon Power Team's delivery-based trading strategy. [EXELON LOGO] News Release From: Exelon FOR IMMEDIATE RELEASE Corporate Communications --------------------- P.O. Box 805379 May 22, 2002 Chicago, IL 60680-5379 Contact: Mary Rucci, Media Relations 610.765.6925 Linda Byus, CFA, Investor Relations 312.394.7696 Exelon Corporation Affirms Delivery-Based Trading Strategy Chicago (May 22, 2002) - Exelon Corporation (NYSE: EXC) reported today that Exelon Power Team, its wholesale energy marketing and trading group, does not engage in the practice of simultaneous trading for the purpose of increasing trading volume and revenue. Incentive plans for Power Team traders are profit-oriented, not volume-oriented. The incentives are also based on overall team performance. Power Team is a division of Exelon Generation Company, LLC. The major purpose of Power Team's trading facility is to sell and deliver physical power from its own portfolio of generating assets and to reduce earnings volatility through hedging (i.e., entering into contracts that reduce exposure to the volatile spot market). Exelon Generation is one of the largest generation supply companies in the U.S. with a total operating portfolio of more than 40,000 MWs. Exelon also reported that its Power Team is one of more than 100 companies asked to respond to FERC's request for data in connection with its investigation of the California power markets during the period 2000 to 2001. Exelon responded to FERC that Power Team did not engage in "Death Star," "Get Shorty," "Fat Boy," or any of the other strategies put forth in the Enron memos referred to in FERC's data request. ### Exelon Corporation is one of the nation's largest electric utilities with approximately 5 million customers and more than $15 billion in annual revenues. The company has one of the industry's largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5 million customers in Illinois and Pennsylvania and gas to more than 440,000 customers in the Philadelphia area. The company also has holdings in such competitive businesses as energy, infrastructure services, energy services and telecommunications. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC. 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 EXELON GENERATION COMPANY, LLC /S/ Ruth Ann Gillis ----------------------------------- Ruth Ann Gillis Senior Vice President and Chief Financial Officer Exelon Corporation May 22, 2002 -----END PRIVACY-ENHANCED MESSAGE-----