Commonwealth Edison Company Overview

  • Year Founded
  • 1907

Year Founded

  • Status
  • Private

  • Employees
  • 7,068

Employees

  • Latest Deal Type
  • Debt Refin.

  • Latest Deal Amount
  • $800M

Commonwealth Edison Company General Information

Description

Provider of electric service intended to deliver safe and reliable power to homes and businesses across northern Illinois. The company offers electric utility services thus, delivering electricity to clients' homes or businesses, helping them discover new ways to save money on their electricity bill and showing to help the environment.

Contact Information

Website
www.comed.com
Formerly Known As
Western Edison Light Company
Ownership Status
Privately Held (backing)
Financing Status
Private Debt Financed
Corporate Office
  • PO Box 805379
  • Chicago, IL 60680-5379
  • United States
+1 (877)
Primary Industry
Electric Utilities
Corporate Office
  • PO Box 805379
  • Chicago, IL 60680-5379
  • United States
+1 (877)

Commonwealth Edison Company Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Commonwealth Edison Company Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
21. Debt Refinancing 06-May-2024 $800M Completed
20. Debt Refinancing 03-Jan-2023 Completed Profitable
19. Debt Refinancing 08-Mar-2022 Completed Generating Revenue
18. Debt Refinancing 05-Aug-2021 Completed Generating Revenue
17. Debt Refinancing 02-Mar-2021 Completed Generating Revenue
16. Debt Refinancing 18-Feb-2020 Completed Generating Revenue
15. Debt Refinancing 04-Nov-2019 Completed Generating Revenue
14. Debt Refinancing 11-Feb-2019 Completed Generating Revenue
13. Debt Refinancing 07-Aug-2018 $550M $6B Completed Generating Revenue
12. Debt Refinancing 12-Feb-2018 $800M $5.45B Completed Generating Revenue
To view Commonwealth Edison Company’s complete valuation and funding history, request access »

Commonwealth Edison Company Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of electric service intended to deliver safe and reliable power to homes and businesses across northern Illinoi
Electric Utilities
Chicago, IL
7,068 As of 2020

Houston, TX
 

Juno Beach, FL
 
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Commonwealth Edison Company Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Verde Energy USA Formerly PE-Backed Houston, TX
Florida Power & Light Private Debt Financed Juno Beach, FL
Idacorp Corporation Boise, ID
American Electric Power Company Corporation Columbus, OH
Cleco Corporate Holdings Private Equity-Backed Pineville, LA
You’re viewing 5 of 21 competitors. Get the full list »

Commonwealth Edison Company Patents

Commonwealth Edison Company Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240273383-A1 Methods and systems for enhancing asset resource resiliency Pending 13-Feb-2023
US-20240230373-A1 Methods and systems for a mobile smart meter and a smart meter outlet Pending 11-Jan-2023
US-20240195216-A1 Topology detection in an electric power distribution grid Pending 07-Dec-2022
US-20230335992-A1 Reporting and monitoring of performance of distributed energy resources Pending 13-Apr-2022
US-11356756-B1 Passive optical network for utility infrastructure resiliency Active 05-Apr-2021 H04L45/245
To view Commonwealth Edison Company’s complete patent history, request access »

Commonwealth Edison Company Executive Team (19)

Name Title Board Seat
Gil Quiniones Chief Executive Officer, President & Board Member
Joshua Levin Chief Financial Officer, Senior Vice President and Treasurer
David Perez Chief Operating Officer & Executive Vice President
Melissa Washington Chief Customer Officer & Senior Vice President, Customer Operations
Jenniffer Matsumura Chief Information Officer & Vice President Technology Operations
You’re viewing 5 of 19 executive team members. Get the full list »

Commonwealth Edison Company Board Members (6)

Name Representing Role Since
Michael Innocenzo Self Board Member
Ricardo Estrada Self Board Member
Smita Shah Self Board Member
Zaldwaynaka Scott Self Board Member
You’re viewing 4 of 6 board members. Get the full list »

Commonwealth Edison Company Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Commonwealth Edison Company Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cotter (Metal mining) 01-Jan-1974 Other Metals, Minerals and Mining
To view Commonwealth Edison Company’s complete acquisitions history, request access »

Commonwealth Edison Company Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Cotter (Metal mining) 01-Jan-1974 Completed
To view Commonwealth Edison Company’s complete exits history, request access »

Commonwealth Edison Company FAQs

  • When was Commonwealth Edison Company founded?

    Commonwealth Edison Company was founded in 1907.

  • Who is the CEO of Commonwealth Edison Company?

    Gil Quiniones is the CEO of Commonwealth Edison Company.

  • Where is Commonwealth Edison Company headquartered?

    Commonwealth Edison Company is headquartered in Chicago, IL.

  • What is the size of Commonwealth Edison Company?

    Commonwealth Edison Company has 7,068 total employees.

  • What industry is Commonwealth Edison Company in?

    Commonwealth Edison Company’s primary industry is Electric Utilities.

  • Is Commonwealth Edison Company a private or public company?

    Commonwealth Edison Company is a Private company.

  • What is Commonwealth Edison Company’s current revenue?

    The current revenue for Commonwealth Edison Company is .

  • How much funding has Commonwealth Edison Company raised over time?

    Commonwealth Edison Company has raised $11.3B.

  • Who are Commonwealth Edison Company’s competitors?

    Verde Energy USA, Florida Power & Light, Idacorp, American Electric Power Company, and Cleco Corporate Holdings are some of the 21 competitors of Commonwealth Edison Company.

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