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People's Counsel still objects to Constellation merger
The state's consumer advocate on utility matters continues to push for additional concessions to make the Constellation-Exelon merger more palatable to consumers. The Maryland Office of People's Counsel said in a brief filed Monday that the two energy...Tags: Consumers, Companies and Corporations, Restructuring and Recapitalization, Civil and Public Service, Companies and Corporations
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Exelon picks Harbor Point for future headquarters
Harbor Point, a development project led by bakery magnate and developer John Paterakis Sr., will be the site of the headquarters for the combined Constellation-Exelon company if the proposed merger is completed, the energy giants announced Wednesday.
The...Tags: Marketing, Restructuring and Recapitalization, Real Estate, Morgan Stanley Dean Witter & Company, Companies and Corporations
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Constellation closes acquisition of Okla. natural gas company
Constellation Energy Group said Thursday that it closed the acquisition of a Tulsa, Okla. natural gas company, the third deal in the past year that helps expand the Baltimore company's retail business. The $22.5 million deal adds 26,100 customers in...Tags: Companies and Corporations, Companies and Corporations, Natural Resources, Constellation Energy Group, Exelon Corp.
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Office of People's Counsel seeks assurances for BGE's low-income customers
As the economy has faltered over the past three years, more BGE customers have been in danger of losing their electric service because of overdue bills.
Now, as BGE parent Constellation Energy Group seeks to sell itself to Exelon Corp., the state's...Tags: Companies and Corporations, Restructuring and Recapitalization, Companies and Corporations, Finance, Constellation Energy Group
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EDF reaches settlement over proposed Constellation merger
Exelon Corp. and Constellation Energy Group have won over French utility EDF, which agreed to drop its opposition to the proposed merger between the two energy giants after reaching a settlement, the companies announced Tuesday. While EDF's staunch...Tags: Companies and Corporations, Joint Ventures, Restructuring and Recapitalization, Companies and Corporations, Constellation Energy Group
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EDF withdraws opposition to Constellation, Exelon merger
Exelon Corp. and Constellation Energy Group have reached an agreement with Electricite de France, a large Constellation shareholder, for the French utility to withdraw its opposition to a proposed merger between the companies. The terms of the agreement...Tags: France, Joint Ventures, Manufacturing and Engineering, Defense Equipment, Restructuring and Recapitalization
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New energy firm headquarters could alter city skyline
Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront...Tags: Labor Legislation, Morgan Stanley Dean Witter & Company, Real Estate, Companies and Corporations, Lombard Street
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Regulators extend deadline for Constellation-Exelon merger decision
Maryland regulators agreed Friday to postpone their decision on the $7.9 billion merger of Constellation Energy Group and Exelon Corp. until Feb. 17, giving themselves more time to evaluate a proposed settlement between the companies and Gov. Martin O'...Tags: Lawyers, Companies and Corporations, Restructuring and Recapitalization, Justice System, Companies and Corporations
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O'Malley: Benefits of Exelon-CEG merger go beyond rate credit
While Maryland business, labor and environmental groups backed a $1 billion settlement between Gov. Martin O'Malley and Exelon Corp. related to the Chicago company's buyout of Constellation Energy Group, not everyone was satisfied.
Merger opponent EDF...Tags: Joint Ventures, Renewable Energy, Restructuring and Recapitalization, Court Preliminary, Companies and Corporations
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Governor gets concessions in Exelon deal
In a settlement with Gov. Martin O'Malley over the proposed buyout of Constellation Energy Group, Exelon Corp. has promised to develop significantly more natural gas, wind and solar power in Maryland, give more money to help low-income customers and...Tags: Joint Ventures, Renewable Energy, Conservation, Restructuring and Recapitalization, Court Preliminary
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Five Constellation execs named to Exelon posts
An Exelon executive would run the business unit that would remain in Baltimore if the proposed merger between Constellation Energy Group and Exelon Corp. is approved, Chicago-based Exelon said Wednesday. Under the merger, Constellation Energy's growing...Tags: Companies and Corporations, Mayo A. Shattuck III, Exelon Corp., Constellation Energy Group, Credit and Debt
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Critics of Constellation merger call for bigger consumer benefit
Critics of the Constellation Energy Group-Exelon Corp. merger called Monday for doubling the rate credit for utility customers to $200, even as the companies offered other concessions, including building a new downtown Baltimore headquarters.
The...Tags: Restructuring and Recapitalization, Nuclear Power, Energy, Government, Baltimore Gas and Electric Co.
Feb 6, 2012
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Feb 1, 2012
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Feb 2, 2012
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Jan 2, 2012
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Jan 17, 2012
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Jan 17, 2012
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Dec 24, 2011
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Dec 17, 2011
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Dec 15, 2011
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Dec 14, 2011
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Dec 14, 2011
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Dec 5, 2011
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