Tag Archives: edf

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 to operate five reactors and two spent fuel installations. The ...

Read More »

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 on board with the deal. The French utility giant had ...

Read More »

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 Constellation Energy Group Inc. to Exelon Corp. O’Malley, previously a ...

Read More »

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 like Constellation. Not so! Instead, the state has an addiction ...

Read More »

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 in southern Maryland. Constellation Energy Group Inc. announced last year ...

Read More »