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Exelon wanted more renewable energy in takeover bid

BY: Associated Press
POSTED: November 1, 2011
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L To R- Christopher Crane, President and CEO of Exelon, sitting with Mayo Shattuck III, CEO of Constellation Energy Group

Exelon Corp. wanted to offer to build more renewable energy as part of its $7.9 billion bid for Constellation Energy Group Inc., the company’s president testified Tuesday as top executives for both appeared for a second day before Maryland regulators. The deal includes a $100 credit for each residential customer of Constellation’s regulated utility, Baltimore [...]


Exelon-Constellation hearing starts on a civil note (access required)

BY: Ben Mook
POSTED: October 31, 2011
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The first day of a regulatory hearing over Exelon Corp.’s acquisition of Constellation Energy Group Inc. began Monday on a markedly civil note as the leaders from both companies fielded questions about management policy, corporate structure and how the firms felt about future nuclear projects. The Maryland Public Service Commission opened the first of what [...]


Proposed Constellation-Exelon deal under review

BY: Associated Press
POSTED: October 31, 2011
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Constellation CEO Mayo Shattuck and Exelon President and Chief Operating Officer Christopher Crane took the stand Monday before Maryland regulators deciding whether to approve a $7.9 billion buyout. Crane and Shattuck took the stand together before the Maryland Public Service Commission with questioning of Crane occupying most of the morning. If approved, the combined company [...]


Constellation shareholders will vote on merger Nov. 17

BY: Daily Record Staff
POSTED: October 13, 2011
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Comments: 1

Constellation Energy Group said Thursday that its shareholders will meet Nov. 17 in New York to vote on the proposed $7.9 billion merger with Chicago-based Exelon Corp. In a filing with the Securities and Exchange Commission, Constellation said the shareholder vote on the acquisition and on the compensation that some of Constellation’s executive officers might [...]


Constellation, Exelon say they won’t make big changes to deal (access required)

BY: Ben Mook
POSTED: October 12, 2011
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Constellation Energy Group and Exelon Corp. told Maryland regulators Wednesday that they are happy with most of the details of their proposed $7.9 billion merger despite concerns that have been raised. In testimony filed with the Public Service Commission, the companies refute many of those concerns. Exelon President Christopher Crane, who will be CEO of [...]


Constellation power plants to test sorghum as fuel

BY: Associated Press
POSTED: September 21, 2011
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Constellation Energy says it plans to test sorghum as a fuel for two California power plants. The Baltimore-based company announced Wednesday that is has signed an agreement with Chromatin Inc., which is growing three fields of sorghum. If successful, Constellation says it will mark the first production-scale effort in California to generate power from a [...]


Exelon announces personnel moves in Constellation acquisition

BY: Associated Press
POSTED: September 9, 2011
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NEW YORK — Exelon Corp. on Friday announced a series of personnel moves that will follow its acquisition of Constellation Energy Group Inc. The Chicago-based utility holding company announced in April that it planned to buy Constellation Energy, based in Baltimore, for $7.9 billion. The acquisition is expected to be completed early next year. Exelon [...]


Constellation: Reactor restarting after Irene

BY: Associated Press
POSTED: September 1, 2011
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Irene Nuclear Reactor

LUSBY — Constellation Energy Nuclear Group says one of two nuclear reactors at its Calvert Cliffs power plant is being brought back online after being shutdown automatically during Hurricane Irene. The reactor was shut down when a piece of siding was blown into a transformer. Constellation issued a statement Wednesday saying damage was not found [...]


Constellation works to restore Calvert Cliffs nuclear unit

BY: Associated Press
POSTED: August 29, 2011
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LUSBY — Constellation Energy Nuclear Group says inspections are underway to determine when it can restart a nuclear reactor at its Calvert Cliffs plant that shut down during Hurricane Irene. One of the two reactors at the plant shutdown automatically when a piece of aluminum siding was blown into a transformer. CENG said Monday that [...]


Constellation: Nuke plants operating after quake

BY: Associated Press
POSTED: August 23, 2011
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Constellation Energy says it activated the lowest of four emergency levels at its Calvert Cliffs nuclear power plant following the East Coast quake, but the plant is still operating at 100 percent capacity. Constellation Energy says increased monitoring and inspections are being conducted at the southern Maryland nuclear power plant, but both reactors are stable [...]


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Maryland Moment – Fish soon-to-be out of water

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Production Manager Dave Likens, left, and Sound Engineer Dave Mason set up the weigh-in stage at the National Harbor on Wednesday for the FLW Tour's bass-fishing competition being held May 17-20 on the Potomac River. The event is scheduled to be televised June 24 on the NBC Sports Network. (The Daily Record/Maximilian Franz)[More..]