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Tag Archives: exelon

PSC approves Constellation-Exelon merger

The Public Service Commission conditionally approved Exelon Corp.’s $7.9 billion purchase of Constellation Energy Group on Friday. Baltimore’s last remaining Fortune 500 company’s days appeared to be numbered after state regulators signed off on the all-stock deal, under which the ...

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Exelon’s tax break to expire?

As plans move forward for construction of a $120 million office tower for Exelon Corp. at Harbor Point, one of the tax breaks at the 27-acre site is set to expire in mid-June — setting up a possible faceoff between ...

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Top 5: ‘This tool may be a double-edge sword’

Tax increment financing in the district surrounding Harbor Point could change just as Exelon Corp. prepares to build its Baltimore headquarters there. McCormick & Co. Inc. also announced this week they will be opening a retail store at the Light ...

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Tax breaks for Exelon draw fire at City Hall

Members of the Baltimore City Council and others Thursday questioned millions of dollars in tax breaks set to go toward a $120 million office development for Exelon Corp. in Harbor Point. Two public subsidies for the developer, Harbor East Development ...

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Medical and real estate sector deals dominate fourth quarter

Fourth-quarter mergers and acquisitions were dominated by medical and real estate sector deals, but overall activity slowed from the third quarter of 2011. According to data compiled by Bloomberg Financial exclusively for The Daily Record, 30 deals closed in the ...

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Week in review – 2/10/12: Exelon picks Harbor Point

Exelon picks Harbor Point Exelon Corp. will build its $120 million, 300,000-square-foot Baltimore headquarters at Harbor Point, part of a $250 million development that it expects will attract about 4,500 permanent jobs, company officials said. The Baltimore Development Corp. is seeking ...

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Laslo Boyd: The Exelon deal’s implications for downtown

Kirby Fowler definitely has a point. The president of the Downtown Partnership of Baltimore has argued that the Inner Harbor would have received a real boost if the new office building that Exelon is promising to build in Baltimore were ...

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