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
June 18, 2003
(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
Item 5. Other Events.
On June 18, 2003, Exelon Corporation issued a news release announcing an
agreement to sell the electric construction and services, underground and
telecom businesses of its subsidiary, InfraSource Inc., to GFI Energy Ventures
LLC and Oaktree Capital Management LLC. The news release is attached to this
report as Exhibit 99.
Except for the historical information contained herein, certain of the matters
discussed in this Report are forward-looking statements, within the meaning of
the Private Securities Litigation Reform Act of 1995, that are subject to risks
and uncertainties. The factors that could cause actual results to differ
materially from the forward-looking statements made by Exelon Corporation,
Commonwealth Edison Company, PECO Energy Company and Exelon Generation Company,
LLC (Registrants) include those discussed herein, as well as those discussed in
(a) the Registrants' 2002 Annual Report on Form 10-K - ITEM 7. Management's
Discussion and Analysis of Financial Condition and Results of
Operations--Business Outlook and the Challenges in Managing Our Business for
Exelon, ComEd, PECO and Generation, (b) the Registrants' 2002 Annual Report on
Form 10-K - ITEM 8. Financial Statements and Supplementary Data: Exelon - Note
19, ComEd - Note 16, PECO - Note 18 and Generation - Note 13 and (c) other
factors discussed in filings with the United States Securities and Exchange
Commission (SEC) by the Registrants. Readers are cautioned not to place undue
reliance on these forward-looking statements, which apply only as of the date of
this Report. None of the Registrants undertakes any obligation to publicly
release any revision to its forward-looking statements to reflect events or
circumstances after the date of this Report.
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
/S/ Robert S. Shapard
--------------------------------
Robert S. Shapard
Executive Vice President and
Chief Financial Officer
June 18, 2003