Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: exelon

Pepco-Exelon merger opponents ask for investigation (access required)

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 ...

Read More »

Exelon wins D.C. consideration for revised Pepco takeover (access required)

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 ...

Read More »

DC mayor announces settlement in Exelon, Pepco merger (access required)

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 ...

Read More »

Exelon to proceed with $6.8B Pepco deal after rejection (access required)

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 ...

Read More »

Exelon denial signals battles over $40B in utility deals (access required)

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 ...

Read More »