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Tag Archives: exelon

Hogan takes no position on proposed utility merger

Gov. Larry Hogan. (The Daily Record / Bryan P. Sears)

Gov. Larry Hogan is taking a neutral stance on the proposed $6.8 billion merger between Exelon and Pepco Holdings, a position that has elicited disappointment from opponents of the deal.A coalition of environmental and social issues groups are among those who want Hogan to join with Attorney General Brian E. Frosh and others in opposing the merger, which critics note would make one company responsible for providing power to 85 percent of the state's residents.

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N.J. has deal to OK Exelon-Pepco merger

(AP) The staff of New Jersey’s Public Utilities Board has proposed a settlement approving the Exelon-Pepco merger, which involves one of the state’s utility companies. Under the terms of Chicago-based Exelon’s proposed $6.8 billion merger with Washington-based Pepco Holdings, the ...

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