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Exelon Generation's climate-focused investment fund backs grid-optimization platform Continuum to improve utility infrastructure planning and interconnection efficiency.

Utility-led investment in grid optimization targets interconnection backlogs and permitting delays, addressing the primary bottleneck constraining large-load data center siting.
Trade pressSlicast · September 24, 2026 at 16:12 UTC · Global · Source: Utility Dive
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Exelon's Climate Change Investment Initiative, or 2c2i, has become a minority investor in Continuum Industries, an artificial intelligence-powered infrastructure and transmission planning company. The investment was announced on September 16, 2026, as part of Exelon's commitment to backing startups that address climate challenges within its major market areas.

Exelon launched 2c2i in 2019 with a $20 million portfolio to support companies advancing climate solutions and economic prosperity in the utility's service territories. While the fund does not disclose individual investment amounts, it typically deploys between $100,000 and $300,000 in equity to fill funding gaps for cohort companies, according to 2c2i Lead Faith Davis.

Continuum, founded in 2018, developed the Optioneer platform to help companies plan grid connections, assess site suitability, conduct automated environmental risk analysis, and map project constraints and impacts. As part of this investment, the Optioneer platform will be deployed across Exelon's family of utilities.

Continuum and 2c2i first connected in December 2025. Davis said the fund was drawn to Continuum's market opportunity, the founding team's technical expertise, and the company's strong customer pipeline. "We're seeing a lot more focus around affordability and efficiency, and technologies that help the utility be more efficient in terms of building infrastructure or running our existing infrastructure more effectively is a space that we're looking at," Davis said. "The transmission planning space is an area where — given all the demand that we're seeing for load and things of that nature — we're looking for ways to make the process and the planning quicker and more efficient."

As a 2c2i cohort member, Continuum will receive hands-on support from an Exelon liaison to scale operations. The Optioneer platform is slated for deployment across Exelon's utilities in the PJM interconnection transmission region, which spans five states and the District of Columbia.

"As demand for electricity continues to rise, utilities and developers need a repeatable and consistent approach to planning and delivering infrastructure predictably and efficiently," Continuum CEO Grzegorz Marecki said in a statement.

Continuum reported that its platform has screened more than 420,000 miles of infrastructure alternatives and identified the lowest-impact and fastest-to-permit solutions for developers. The company plans to work with Exelon to identify and prioritize deployment sites across its system.

Prior cohort companies have demonstrated substantial impact: collectively, they have raised more than $555 million in follow-on funding, created more than 3,558 jobs, generated more than $548 million in revenue, and contributed to avoiding or removing 1.2 million metric tons of carbon dioxide. Exelon recently added sustainable energy and grid solution companies Public Grid and Backstop to the cohort. Applications for the current round close on September 27.

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Exelon Generation's climate-focused investment… · Slicast