Constellation Sees Opportunity in Risk Products from Exit of Financial Players

Exelon sees an opportunity for its Constellation unit to expand its reach into offering risk management and other risk products to commercial and industrial customers, as well as other wholesale customers, Exelon CFO and Executive Vice President Jonathan Thayer said at the Wolfe Research Power and Gas Leaders Conference yesterday.

While Exelon continues to emphasize investment in its regulated businesses, Thayer did note an "incremental opportunity" for Constellation in offering risk products.

Given Constellation's existing retail and wholesale position, "as others are moving away on the financial side from this market, we believe there is incremental opportunity there to provide risk products to our wholesale, muni, and co-op customers, as well as commercial and industrial customers."