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Exelon, DTE deny reports of non-utility asset sales, but such deals may be increasingly likely
Utility Dive: DTE Energy and Exelon won't confirm Bloomberg reports that they're considering sales of non-utility assets, but that doesn't mean they — or other companies — won't consider doing so in the future, Pfeifenberger said.
Industries typically cycle through periods of mergers and divestitures, Pfeifenberger said, and renewable energy could trigger a new wave of divestitures among utility companies, which for the last decade have sought to concentrate assets within the companies where they're best positioned to perform.
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