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Tag Archives: Constellation Energy Group

Exelon 4Q profit falls, plans to cut dividend

Exelon Corp., the parent of Constellation and BGE and the nation’s largest supplier of wholesale electric power, will cut its quarterly dividend for the first time as falling electricity prices and expiring long-term contracts reduce profit. Cutting the payment to ...

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Proposed Exelon HQ in Harbor Point given preliminary approval (access required)

Baltimore's design review panel Thursday gave a preliminary thumbs up to a design for a sleek, glass, brick and metal tower to house the city’s new Exelon Corp. headquarters at Harbor Point.

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NRC denies license for third reactor in Maryland

ANNAPOLIS — The Nuclear Regulatory Commission can’t issue a license to a French company to build a new nuclear power plant in Maryland as long as the company is completely foreign owned, a panel of judges ruled Thursday. The 29-page ...

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Exelon completes $7.9B acquisition of Constellation

Exelon Corp. will proceed immediately with staffing decisions now that the company has completed its $7.9 billion acquisition of Baltimore-based Constellation Energy Group, a company spokeswoman said Monday. The deal, which has been in the works for nearly a year, ...

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Constellation-Exelon deal gets final approval

Exelon Corp.’s $7.9 billion acquisition of Baltimore’s last remaining Fortune 500 company cleared its final regulatory hurdle Friday with the conditional approval of the deal by the Federal Energy Regulatory Commission. On Feb. 17, Maryland’s Public Service Commission gave its ...

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Beatty sealing Harbor East’s deals (access required)

Days before Exelon Corp.’s Feb. 1 announcement that it had chosen to build a $120 million tower at Harbor Point, a frantic, last-ditch effort was underway by some in the local development community to steer the company toward the city’s ...

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