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Tag Archives: exelon

Exelon plans bond sale for $6.8B Pepco merger

Exelon Corp., the largest U.S. nuclear operator, is planning to sell bonds to finance its acquisition of Pepco Holdings Inc., a move that would create the biggest electric and natural gas utility in the Mid-Atlantic region. Exelon will sell notes ...

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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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Exelon seeks hike to keep N.Y. nuclear plant open

(Bloomberg) Exelon Corp., parent company of Baltimore Gas and Electric, cleared a regulatory hurdle in a bid to charge customers extra to keep its R.E. Ginna nuclear plant in upstate New York operating. The New York Public Service Commission voted ...

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