Quantcast

Tag Archives: exelon

D.C. regulator approves Exelon’s takeover of Pepco

Exelon's headquarters under construction at Harbor Point. (File photo)

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »