» Constellation Energy to acquire CPower

Constellation Energy to acquire CPower

Posted: 1:30 pm Fri, September 17, 2010
By Associated Press

Constellation Energy Group Inc. of Baltimore said Friday it plans to acquire energy management and demand response provider CPower.

Terms of the deal were not disclosed.

CPower, headquartered in New York, designs and manages programs that allow commercial, utility and public sector companies to reduce energy use during peak periods. Constellation Senior Vice President Kathleen Hyle said the acquisition will expand the Baltimore company’s presence in key markets such as Texas and New England.

The deal is expected to close in the fourth quarter, subject to customary closing conditions.

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Comments

Greg says:

Is this why you raise your customers enrgy delivery prices and agressively pursue payments from the poor and ill to expand your business and expand Shattuck’s pockets???????

U Gangster’s of Energy.

Posted on 09/17/10 at 2:54 pm
Irene Gale says:

Yes they are robbing poor people so they can aquire more bigger profits. Shattuck’s pockets never have enough. What greed & utter selfishness. How does he sleep at nite when he knows full well there are people doing without the proper amount of food, in order to keep the lights on.

Posted on 09/17/10 at 5:55 pm