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Shattuck: Constellation enjoying 'quiet summer' before merger review begins
Constellation Energy, preparing for regulatory review of its proposed merger with Chicago-based Exelon Corp., saw earnings per share rise by a third during the three months that ended June 30. Constellation reported net income of $99.2 million, or 49...Tags: Earnings, Companies and Corporations, Mayo A. Shattuck III, Maryland, Mergers, Acquisitions and Takeovers
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Md. ratepayer advocate protests Constellation-Exelon merger
Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-...Tags: Illinois, Prices, Trials, Corporate Performance, Maryland
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A downtown building not built
For a city whose last Fortune 500 company was about to be acquired by an out-of-town corporation, there was not just consolation but actual excitement over one of the deal sweeteners: Chicago-based Exelon Corp. promised to build a new downtown office...Tags: Environmental Cleanup, Inner Harbor, Realty, Downtown Partnership of Baltimore, Plant Openings
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Critic of Constellation deal wants $810 million in incentives
A critic of Constellation Energy Group's proposed merger with Chicago-based Exelon Corp. wants the two firms to provide $810 million in incentives to Maryland ratepayers and other stakeholders as part of the power companies' deal.
The proposal by Good...Tags: Companies and Corporations, Mayo A. Shattuck III, Electricity Production and Distribution, U.S. Nuclear Regulatory Commission, Maryland
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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: Personal Income, Waste Management and Pollution Control, Plant Openings, Mergers, Acquisitions and Takeovers, Heating, Ventilating, and Air Conditioning
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Constellation to buy Oklahoma natural gas company
Constellation Energy Group has agreed to acquire a Tulsa, Okla., natural gas company for $22.5 million, the Baltimore company announced Thursday. The proposed purchase of ONEOK Energy Marketing Co. would be the third acquisition this year that helps...Tags: Energy Resources, Constellation Energy Group, Natural Gas, Companies and Corporations, Chicago
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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: Credit and Debt, Baltimore Gas and Electric Co., Constellation Energy Group, Companies and Corporations, Corporate Officers
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Merger holds promise for clean energy
Hannah Cho's recent article ("O'Malley praises Exelon-CEG deal," Dec. 16) reported on a far superior merger agreement between Exelon Corp. and Constellation Energy Group than previous arrangements. Between 1999 and 2009, electricity prices across Maryland...Tags: Silver Spring (Montgomery, Maryland), Constellation Energy Group, Renewable Energy, Martin O'Malley, Electricity Production and Distribution
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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: Personal Income, Consumers, Companies and Corporations, Martin O'Malley, Finance
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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: Personal Income, Renewable Energy, Bankruptcy, Solar Energy, Plant Openings
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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: Martin O'Malley, Companies and Corporations, Justice System, Mergers, Acquisitions and Takeovers, Lawyers
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Exelon settlement at a glance
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: Renewable Energy, Martin O'Malley, Solar Energy, Natural Resources, Energy Resources
Aug 3, 2011
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Dec 17, 2011
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Dec 15, 2011
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Original site for Exelon Corp. topic gallery.
