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Constellation Energy Group

Highlights

A collection of news and information related to Constellation Energy Group published by Tribune Company sources.

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    Nov 6, 2009 |Story| Baltimore Sun
  1. Constellation, EDF close deal

    Constellation Energy Group announced Friday that it has closed a deal to sell half of its nuclear power business to a French utility, exactly a week after Maryland regulators approved the $4.5 billion transaction with conditions. "With the close of the...

    Tags: Warren Buffett

  2. Nov 7, 2009 |Story| Baltimore Sun
  3. CEG closes nuclear deal

    Constellation Energy Group closed a deal Friday to sell half its nuclear power business to a French utility, one week after Maryland regulators approved the $4.5 billion transaction with conditions. The deal's closure ends a difficult chapter for...

    Tags: Joint Ventures, Baltimore Gas and Electric Co., Warren Buffett, Nuclear Power, Bankruptcy

  4. Nov 6, 2009 |Column| Baltimore Sun
  5. Losing Black & Decker a bad sign for Md. business

    It wasn't on the agenda, but the loss of Black & Decker's headquarters was drinks-and-hors d'oeuvres chatter at the Maryland Chamber of Commerce's policy conference in Cambridge on Thursday. Don't call it happy hour. The Fortune 500 company is shifting...

    Tags: Robert L. Ehrlich Jr., Martin O'Malley, Business Enterprises, Executive Branch, National Government

  6. Nov 2, 2009 |Story| Baltimore Sun
  7. Time to replace Mayo Shattuck

    So BGE customers will get a one-time $100 credit, costing Constellation Energy Group $110.5 million, when in reality, CEG only wanted to pay a paltry $22.5 million in one-time credits. This is pocket change to CEG and an insult to all Marylanders. Gov....

    Tags: Government, Martin O'Malley, CEO Pay, Stock Broking, Alex Brown

  8. Nov 3, 2009 |Story| Baltimore Sun
  9. CEG to act quickly on EDF deal

    Constellation Energy Group and its nuclear joint venture partner, Electricite de France, announced Monday that they will move quickly to close their $4.5 billion nuclear joint venture, though the deal leaves some unanswered questions. Among them: when...

    Tags: William Donald Schaefer, Moody's Corporation, U.S. Department of Energy, Ratings, Society

  10. Nov 3, 2009 |Story| Baltimore Sun
  11. Powerful regulators

    After months of political posturing, legal maneuvering, strong-arm tactics and heated rhetoric, Constellation Energy Group and Electricité de France on Monday moved toward accepting the conditions imposed by Maryland's Public Service Commission on the proposed sale of half of Constellation's nuclear business, resulting in an agreement that looks like a good deal for Baltimore Gas and Electric customers - and the $100 rate credits they are to receive are the least of it.
    After months of political posturing, legal maneuvering, strong-arm tactics and heated rhetoric, Constellation Energy Group and Electricité de France on Monday moved toward accepting the conditions imposed by Maryland's Public Service Commission on the...

    Tags: Civil and Public Service, Economic Policy, Government, Martin O'Malley, Baltimore Gas and Electric Co.

  12. Oct 30, 2009 |Story| Baltimore Sun
  13. Hale's $125 million deal

    Columbia-based Corporate Office Properties Trust said Thursday that it paid $125 million to acquire Baltimore developer Edwin F. Hale Sr.'s 1st Mariner Tower and surrounding land slated for a large waterfront development. COPT, which already held a $30...

    Tags: Harbor East, Corporate Office Properties Trust Inc., Housing Industry, Rental Service, National Government

  14. Oct 30, 2009 |Story| Baltimore Sun
  15. PSC approves $4.5 billion Constellation, EDF deal

    Imposing several conditions including a one-time $100 credit each for customers of Baltimore Gas & Electric Co., Maryland energy regulators Friday approved Constellation Energy Group's deal to sell half of its nuclear power business to a French utility....
  16. Oct 31, 2009 |Story| Baltimore Sun
  17. State OKs Constellation deal

    Maryland regulators approved Constellation Energy Group's nuclear joint venture with a French utility Friday, adding conditions - including a one-time $100 credit for each Baltimore Gas and Electric Co. customer - that fell short of concessions Gov. Martin O'Malley had sought for the deal.
    Maryland regulators approved Constellation Energy Group's nuclear joint venture with a French utility Friday, adding conditions - including a one-time $100 credit for each Baltimore Gas and Electric Co. customer - that fell short of concessions Gov....

    Tags: CEO Pay, Baltimore Gas and Electric Co., Conservation, Nuclear Power, Financially Distressed Companies

  18. Oct 31, 2009 |Story| Baltimore Sun
  19. A smarter grid

    Members of the Maryland congressional delegation and the U.S. secretary of housing and urban development joined Friday to congratulate Baltimore Gas and Electric Co. for receiving $200 million in federal stimulus grants to support efforts to modernize the...

    Tags: U.S. Department of Energy, John P. Sarbanes, Government, Baltimore Gas and Electric Co., Consumers

  20. Nov 3, 2009 |Story| Baltimore Sun
  21. Tool titans Black & Decker, Stanley Works to merge

    Black & Decker Corp., the Towson-based toolmaker founded here almost 100 years ago, said Monday that it plans to merge with The Stanley Works in a $4.5 billion all-stock deal that will bring together internationally known brands but reduce the number of local jobs.
    Baltimore Sun reporters
    Black & Decker Corp., the Towson-based toolmaker founded here almost 100 years ago, said Monday that it plans to merge with The Stanley Works in a $4.5 billion all-stock deal that will bring together internationally known brands but reduce the number of...

    Tags: Land Price, Martin O'Malley, New Britain, Management Change, Alex Brown

  22. Nov 3, 2009 |Story| Associated Press
  23. Warren Buffett To Buy Burlington Northern Railroad

    OMAHA, Neb. (AP) — Billionaire Warren Buffett likes to compare his company to a masterpiece that he's been painting for nearly five decades, and the deal he announced Tuesday will permanently alter the color of Berkshire Hathaway Inc.'s portrait.
    AP Business Writer
    OMAHA, Neb. (AP) — Billionaire Warren Buffett likes to compare his company to a masterpiece that he's been painting for nearly five decades, and the deal he announced Tuesday will permanently alter the color of Berkshire Hathaway Inc.'s portrait....

    Tags: Energy Resources, Goldman Sachs, Wm. Wrigley Jr. Co., Energy, Wells Fargo & Co.

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Constellation Energy Group Photos
Sen. Benjamin L. Cardin , left, and Rep. Elijah E. Cumm...
(October 30, 2009)
Mayo A. Shattuck
The attorney general was asked to look deeper into how...
(April 27, 2009)
Mayo A. Shattuck III
Constellation Energy Group Inc. Total compensation in 2...
(April 27, 2009)
No. 1: Mayo A. Shattuck III