Exelon - EXC STOCK NEWS

Constellation, the largest producer of carbon-free energy in the U.S., is launching customized carbon emissions reports for all commercial and industrial clients. This initiative is part of their 100/100/100 climate pledge, aiming for 95% carbon-free electricity by 2030 and 100% by 2040. The reports will detail customers' emissions and offer insights on reducing carbon footprints. With 60% of Fortune 500 companies pursuing climate goals, this move aligns with growing corporate and governmental focus on sustainability. Reports will be distributed to clients, including three-fourths of the Fortune 100, by the end of 2022.

The Board of Directors of Exelon Corporation (NASDAQ: EXC) has declared a regular quarterly dividend of $0.3375 per share, payable on September 9, 2022. Shareholders of record as of August 15, 2022, will receive this dividend. Exelon is recognized as the nation’s largest utility company, serving over 10 million customers through its six regulated utilities. The company emphasizes reliable service and community support through various initiatives.

The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) has declared a quarterly dividend of $0.141 per share on common stock. This dividend is payable on September 9, 2022, to shareholders of record as of 5 p.m. Eastern time on August 15, 2022. Constellation is the largest producer of clean, carbon-free energy in the U.S., providing approximately 10% of the grid's carbon-free energy with a goal of achieving 100% carbon-free power generation by 2040.

ComEd has launched a $1.8 million grant program aimed at enhancing clean energy access for low-income families and businesses in northern Illinois. The initiative offers up to $450,000 in grants to four qualified nonprofit organizations that adhere to diversity and inclusion practices. Applications are open until August 5, 2022. This initiative is part of ComEd's broader commitment to support local communities and address economic disparities exacerbated by the pandemic, ensuring equitable access to clean energy resources.

ComEd has graduated 33 diverse contractor businesses from its Energy Efficiency Service Provider (EESP) Incubator program, aimed at enhancing energy efficiency and supporting minority-owned, woman-owned, and veteran-owned firms across northern Illinois. Since 2019, the program has assisted 66 contractors, enabling them to save energy for 139 local residents and businesses. ComEd's initiatives have resulted in energy savings of over 56 million megawatt hours and $6.7 billion in customer savings, while collectively reducing carbon emissions significantly.

ComEd has reintroduced honeybee hives for the third consecutive year beneath its power lines in Prospect Heights, Illinois. This initiative aims to raise awareness of pollinator conservation, providing a safe habitat for bees that are vital for food production. Two hives have been placed on five acres of native prairie, supporting the local ecosystem. ComEd has collaborated with Alveole, harvesting 42.65 kilograms of honey in previous years. Recent efforts have also seen land designated as pollinator habitats reach nearly 4,000 acres, along with the distribution of 3 million milkweed seeds for monarch butterflies.

Constellation Clearsight has entered a long-term partnership with Voliro AG, aiming to integrate advanced airborne robotic technology for energy inspections in the U.S. market. This collaboration leverages Voliro's innovative drone capabilities, allowing Clearsight to deliver enhanced inspection services with features like Non-Destructive Testing and Ultrasonic Testing. According to executives from both companies, this agreement is expected to enable faster and safer inspections, improving operational efficiency in maintaining critical infrastructure.

The Powering the Holidays program, launched by ComEd and the Metropolitan Mayors Caucus, is offering $45,000 in grants for community-driven holiday events across northern Illinois. Each community can apply for up to $2,500 to enhance holiday light displays that celebrate diverse cultures. The funding has increased from $25,000 due to last year's success. Eligible applicants must partner with local government entities and match 20% of the grant funding. Applications are open until September 9, 2022, for events running from November 1, 2022, to February 13, 2023.