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The city of Chicago has a new electricity supplier, and it’s a familiar name: Exelon Corp.
The parent of Commonwealth Edison Co. has a deal, announced today, to buy Integrys Energy Services, the retail power and natural gas supply arm of Chicago-based Integrys Energy Group Inc., which provides electricity to more than 700,000 households in Chicago. Exelon is paying $60 million plus adjusted working capital of about $183 million.
Read more in Crain’s Chicago Business.
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