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Nuclear Regulatory Commission approves Constellation-Exelon deal
Exelon’s proposed takeover of Constellation Energy crossed another hurdle Thursday when the Nuclear Regulatory Commission approved the $7.9 billion deal. Constellation’s nuclear division, the Constellation Energy Nuclear Group, is licensed […]
EDF drops opposition to Exelon-Constellation deal
Electricite de France, Constellation Energy Group’s largest shareholder and up to now the biggest critic of the company’s planned $7.9 billion acquisition by Exelon Corp., said Tuesday it was now […]
O’Malley reaches settlement, now supports Exelon takeover of Constellation
After winning concessions valued at more than $1 billion — nearly twice what was originally offered — Gov. Martin O’Malley gave his blessing Thursday to the proposed sale of Baltimore-based […]
Ellen R. Sauerbrey: Constellation a victim of Maryland extortion again
Constellation Energy Group Inc. is Baltimore‘s last remaining Fortune 500 corporation. One might assume that state officials would be focused on the stability and retention of major private sector employers […]
Constellation deal would not revive push for new reactor at Calvert Cliffs
The proposed merger between Constellation Energy Group Inc. and Exelon Corp. is not going to revive efforts to build a new reactor at the Calvert Cliffs nuclear power plant. Exelon […]
Accident in Japan casts more doubt on future of new power plants in the U.S.
Already faced with high construction costs, extensive red tape, cheaper alternatives that make a return on investment unclear, and now the fallout from the damage to the three reactors in […]
Electricite de France officials meet with O’Malley on nuke plant
ANNAPOLIS — Gov. Martin O’Malley met again with officials of French utility Electricite de France SA over stalled plans for a third reactor at the Calvert Cliffs nuclear power plant […]
Constellation loses $1.4B on nuclear write-downs
Constellation Energy Group had a net loss of $1.4 billion in the third quarter, due mainly to write-downs related to its nuclear power joint ventures including UniStar Nuclear Energy LLC. […]
Constellation sells share in joint venture to EDF
ANNAPOLIS — Electricite de France SA and Constellation Energy Group Inc. have agreed to restructure a joint venture to allow the French state-controlled utility to move forward with plans for […]
EDF member of Constellation board resigns
Electricite de France SA says its member on Constellation Energy Group Inc.’s board of directors will resign and the French company has nominated a Montreal attorney to fill the vacancy. […]
Constellation offers to sell nuclear stake to EDF
Constellation Energy Group Inc. offered to sell its 50 percent stake in a nuclear-power joint venture to Electricite de France SA for $1 plus the reimbursement of $117 million in […]
Ehrlich to weigh in on Calvert Cliffs nuclear project
With the state and French energy giant EDF scrambling to revive a deal to build a third nuclear reactor at the Calvert Cliffs power plant, former Gov. Robert L. Ehrlich […]
