Exelon To Acquire Natural Gas Marketer

Exelon announced it has reached an agreement to purchase ETC ProLiance Energy, an Indianapolis-based supplier of natural gas to commercial and industrial customers, plus power generators and utilities, at over 2,500 customer facilities.

One of the largest regional gas marketers in the Midwest, ProLiance serves customers in eight states, including Indiana, Illinois, Ohio, Michigan, Iowa, Missouri, Tennessee and Kentucky. ProLiance will become part of Exelon subsidiary Constellation.

Formed in 1996, ProLiance is a subsidiary of ETC Marketing, Ltd., a Dallas-based energy marketing company. The transaction is expected to close in the second quarter of this year.