Close the separation of the competitive energy business from Exelon's regulated utility business
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Oct 2021
- Due
- 31 Mar 2022
- Delivered
- 1 Feb 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The separation remains on track to close in the first quarter of 2022, pending completion of the remaining regulatory approvals.”
What we found
Evidence strength A What the grades mean
Later filings state the separation of the competitive energy business was completed on February 1, 2022, before the March 31, 2022 deadline.
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A Exelon 10-Q filed 2022-05-09
“The separation was completed on February 1, 2022, creating two publicly traded companies, Exelon and Constellation.” ✓ confirmed on the page
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A Exelon 8-K filed 2022-05-09
“Exelon completed the separation of Constellation Energy Corporation (Constellation), Exelon’s former power generation and competitive energy business” ✓ confirmed on the page
Market reaction: the shares moved +5.7% against the S&P 500 over the three sessions around the disclosure (6 May 2022 to 11 May 2022). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Separation
- Indicative materiality
- Transformational rules
- Action
- Close
- Deliverable
- Separation of competitive energy business (Constellation) from Exelon
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: pending completion of remaining regulatory approvals; final approval by the company's Board of Directors; Form 10 registration statement declared effective by the SEC; approval by the Nuclear Regulatory Commission; approval by the New York Public Service Commission
- Depends on
- Regulatory, Government
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-EXC-011264 · Corrections policy