Maryland consumer advocate opposes Constellation-Exelon deal
BY: Associated Press
POSTED: February 7, 2012
Tags: baltimore gas and electric, constellation, Constellation Energy, exelon, gov. martin o'malley, maryland office of people's counsel, merger, Public Service Commission
Maryland’s consumer advocate says Exelon’s proposed $7.9 billion takeover Constellation Energy is still not in the public’s interest, despite the two companies’ recent settlement with Gov. Martin O’Malley’s administration.
The Maryland Office of People’s Counsel said in a filing Monday with the Public Service Commission that the two companies have not demonstrated the merger will not [...]
Exelon 4Q profit rises, adjusted results miss view
BY: Associated Press
POSTED: January 25, 2012
Tags: chicago, commonwealth edison co, Constellation Energy, exelon, Exelon Corp., factset, Federal Energy Regulatory Commission, fourth quarter, mid-atlantic, Nuclear Regulatory Commission, peco energy co, wall street, weather
CHICAGO — Power plant operator Exelon Corp. on Wednesday said that its fourth-quarter profit rose 16 percent, but its adjusted results missed Wall Street expectations due to higher costs and unfavorable weather conditions.
Its shares slipped in midday trading after sinking to a 52-week low earlier in the session. The company is one of the nation’s [...]
O’Malley takes new tack on wind 
BY: Nicholas Sohr
POSTED: January 23, 2012
Tags: agenda, Constellation Energy, Exelon Corp., flush tax, General Assembly, legislative agenda, martin O'Malley, marylands, offshore wind power, religious organizations, same-sex marriage, transportation funding, wastewater treatment, wind power
ANNAPOLIS — Gov. Martin O’Malley’s second try at legislation to foster development of an offshore wind energy farm includes what he has billed as stronger protections for power customers and more palatable requirements for utility companies.
The governor called the new wind bill “a reasonable approach that caps exposure for ratepayers and yet sends a clear [...]
Democratic Governors Association reports fundraising for 2011
BY: Associated Press
POSTED: January 3, 2012
Tags: 2011, Constellation Energy, democratic governors association, dga, fundraising, gov. martin o'malley, reports
ANNAPOLIS — The Democratic Governors Association chaired by Maryland Gov. Martin O’Malley has reported it raised more than $20 million in 2011.
The DGA said Tuesday that the money raised in 2011 outpaces the $12.7 million raised in 2007.
O’Malley says he is proud the DGA was able to help Democratic governors win tough races in Kentucky [...]
The Daily Record’s Top 20 stories of 2011
BY: Daily Record Staff
POSTED: December 29, 2011
Tags: 2011, airport, Arundel Mills, Baltimore, Baltimore Grand Prix, BWI, casino, Constellation Energy, dean closius, Denise Whiting, earthquake, east coast, EBDI, ed hale, exelon, exxon, First Mariner, hon, Horse Racing, ICC, jack johnson, justice delayed, lawsuit, leak, leslie johnson, maryland, Maryland Jockey Club, owings mills, phillip j. closius, police misconduct, President Robert L. Bogomolny, Ravens, resigns, retires, same-sex marriage bill, Slots, southwest airlines, stories, tolls, top 20, trademark, training camp, ub law, University of Maryland Francis King Carey School of Law, william donald schaefer, year
What were the biggest news stories of 2011? Race cars zooming around the Inner Harbor? Potential promised (new development in Owings Mills) or potential unrealized (development in East Baltimore, the future of horse racing in Maryland)?
Maybe it can be summed up in a word: Constellation; ICC; Ed Hale. Or “guilty” in the cases (literally) of [...]
Cardin: Power suppliers need to catch up to Maryland
BY: Associated Press
POSTED: December 21, 2011
Tags: Baltimore, brandon shores power plant, Constellation Energy, EPA, gov. robert ehrlich, maryland energy suppliers, power plant, power plant regulations, sen. ben cardin, washington
WASHINGTON — Sen. Ben Cardin says new federal power plant regulations are supported by Maryland energy suppliers and it’s time the rest of the nation’s energy producers catch up.
The new EPA rule is estimated to cost the industry $9.6 billion and was released despite intense opposition from Republicans, who said it would threaten jobs and [...]
Top-level executives named for post-merger Constellation
BY: Daily Record Staff
POSTED: December 14, 2011
Tags: Business, Constellation Energy, Energy, executives, exelon, merger
Kenneth W. Cornew, president of the Exelon Power Team of Kennett Square, Pa., will be president of the Constellation business unit of Exelon Corp. after the $7.9 billion acquisition of Constellation Energy Group by Exelon is approved by federal and state regulators, Chicago-based Exelon said Wednesday.
Other appointments announced are Mark Huston, currently head of retail [...]
O’Malley says he can’t support Constellation deal
BY: Associated Press
POSTED: December 9, 2011
Tags: baltimore gas and electric, Baltimore Sun, constellation, Constellation Energy, exelon, jobs, martin O'Malley, maryland, Maryland Public Service Commission, merger
Maryland’s governor said he can’t support the proposed $7.9 billion takeover of Baltimore’s Constellation Energy by Chicago’s Exelon Corp. that is being considered by his state’s utility board.
Gov. Martin O’Malley wrote in a letter to The Baltimore Sun that Exelon has yet to offer a proposal showing the deal will [...]
EDF reiterates Constellation-Exelon opposition
BY: Associated Press
POSTED: December 5, 2011
Tags: baltimore gas and electric, Business, Constellation Energy, electricite de france, Energy, exelon, maryland, Maryland Public Service Commission, merger, opposes
French energy firm Electricite de France spelled out its opposition to a proposed $7.9 billion takeover of Constellation Energy in a filing with Maryland regulators.
EDF is one of Constellation’s largest shareholders and owns nearly half of the company’s nuclear unit. The French firm says in a filing Monday that the deal would, among other things, [...]
Public hearings this week on Constellation deal
BY: Associated Press
POSTED: November 29, 2011
Tags: baltimore gas and electric, Constellation Energy, Exelon Corp., Maryland Energy Administration, Maryland Public Service Commission, merger, takeover, town hall, utilities
The public can comment on the proposed $7.9 billion takeover of Constellation Energy at public hearings that begin this week.
The first is scheduled Tuesday night at Bel Air’s Town Hall. Another is to be held Thursday at the War Memorial Building in Baltimore, and a third is Monday in Annapolis. All begin at 7 p.m.
Maryland’s [...]
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