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New manufacturing zone created in South Tyneside

New manufacturing zone created in South Tyneside
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Exelon Reports Fourth Quarter and Full Year 2020 Results and Initiates 2021 Financial Outlook

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2020.
“Our financial and operational performance remained solid through year-end, with each of our utilities reporting top-quartile reliability and record customer satisfaction scores, our zero-carbon nuclear fleet achieving a near-record capacity factor and our relationships with retail customers remaining durable as we continue to be a leading provider of clean and sustainable energy solutions,” said Joseph Nigro, senior executive vice president and CFO of Exelon. “We also reached $400 million in cost savings – $150 million more than planned – and reported full-year adjusted earnings above the midpoint of our original guidance range at $3.22 per share. While we are proud of these results, looking ahead we must reckon with the impact of the devastating winter storms that overwhelmed the electric grid and disrupted millions of lives across Texas last week. Thoug ....

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