October 11, 2018
Comments Off on Md. court dismisses Exelon challenge on water quality plan
A Baltimore City Circuit Court judge has dismissed a challenge by Exelon to the water quality certification issued by a Maryland agency in the proposed relicensing of the Conowingo Dam. A spokesperson for the utility said it was still fighting ...
Tagged with: conowingo dam exelon
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May 30, 2017
Comments Off on Three Mile Island owner threatens to close ill-fated plant
HARRISBURG, Pa.— Cheap natural gas could do what the worst commercial nuclear power accident in U.S. history could not: put Three Mile Island out of business. Three Mile Island’s owner, Exelon Corp., announced Tuesday that the plant that was the ...
Tagged with: exelon Three Mile Island
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March 23, 2016
Comments Off on D.C. regulator approves Exelon’s takeover of Pepco
Exelon Corp.’s proposed $6.8 billion takeover of Pepco Holdings Inc. was approved by Washington, D.C., regulators, clearing the way for the companies to form the nation’s biggest utility almost two years after the deal was first announced. The District of ...
Tagged with: exelon Pepco Holdings Inc.
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November 11, 2015
Comments Off on Pepco-Exelon merger opponents ask for investigation
WASHINGTON — Opponents of a merger between energy companies Exelon and Pepco are calling on District of Columbia Mayor Muriel Bowser to disclose potential conflicts of interest in her handling of the deal. District of Columbia regulators rejected the proposed ...
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October 28, 2015
Comments Off on Exelon wins D.C. consideration for revised Pepco takeover
Exelon Corp.’s second attempt to complete its $6.8 billion takeover of utility Pepco Holdings Inc. will be considered by the District of Columbia Public Service Commission. The commission voted unanimously to take another look at the proposed deal after Exelon ...
Tagged with: exelon merger pepco
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October 7, 2015
Comments Off on DC mayor announces settlement in Exelon, Pepco merger
WASHINGTON — Power companies Exelon and Pepco have negotiated a settlement with District of Columbia officials on a proposed merger. D.C. Mayor Muriel Bowser announced the settlement Tuesday. Bowser says that in addition to other terms, Exelon will invest $78 ...
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August 31, 2015
Comments Off on Exelon to proceed with $6.8B Pepco deal after rejection
Exelon Corp. and Pepco Holdings Inc. said they’ll proceed with their $6.8 billion merger to create the largest U.S. utility by customer count after the District of Columbia Public Service Commission rejected it on Aug. 25. “The decision fails to ...
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August 26, 2015
Comments Off on Exelon denial signals battles over $40B in utility deals
The rejection of Exelon Corp.’s $6.8 billion takeover of Pepco Holdings Inc. proved a warning for an industry trying to gain approval for $40 billion worth of deals: Be ready for an uphill battle with local regulators. The District of ...
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August 25, 2015
Comments Off on Exelon’s $6.8B Pepco deal in doubt after D.C.’s rejection
Regulators in Washington, D.C., rejected Exelon Corp.’s takeover of Pepco Holdings Inc., throwing in doubt a $6.8 billion deal. Pepco dropped as much as 20 percent to its lowest price in more than a year. The three-member Public Service Commission ...
Tagged with: exelon mergers and acquisitions pepco utilities
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August 12, 2015
Comments Off on Judge rejects Md.’s bid to block Exelon takeover of Pepco
Exelon Corp. can push ahead with its $6.8 billion takeover of Pepco Holdings Inc. after a judge rejected arguments by Maryland officials that the deal gives the power company too much control over the state’s energy markets. Queen Anne’s County ...
Tagged with: exelon Pepco Holdings Inc.
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