Maryland Daily Record Maryland's trusted source for business and legal news
Calvin Butler has been a ubiquitous presence in Baltimore's leadership circles, even as his corporate role drew him away from the city.
Read More »Calvin Butler, mainstay of Baltimore civic endeavors, to become CEO of Exelon
BGE parent Exelon urges Congress to increase low-income aid program funding
Exelon Corporation, the parent company of Baltimore Gas & Electric (BGE), urged Congress to fund the Low-Income Home Energy Assistance Program at the highest level possible.
Read More »NY PSC approves Exelon separation
The New York State Public Service Commission has approved an agreement that allows Exelon to move forward with its plan to separate into two companies.
Tagged with: exelon
Read More »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
Read More »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
Read More »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.
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 ...
Tagged with: exelon merger pepco
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 ...
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