The world is in the midst of a massive shift to more energy-efficient and environmentally friendly transportation across the board. From public buses and trucks to cars and even e-bikes, the largest auto manufacturers around the world are scrambling to ...

Tagged with: BGE electric vehicles Maryland Energy Administration pepco

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 ...

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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 ...

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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 ...

Tagged with: exelon pepco

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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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 ...

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Regulators in Washington, D.C., rejected Exelon Corp.’s takeover of Pepco Holdings Inc., throwing in doubt a $6.8 billion deal. Pepco dropped as much as 20 percent to its lowest price in more than a year. The three-member Public Service Commission ...

Tagged with: exelon mergers and acquisitions pepco utilities

The Maryland Public Service Commission has given its approval to a proposed merger between Exelon and Pepco Holdings Inc., but attached conditions to the deal. In a 3-2 decision, the commission approved the $6.83 billion merger but imposed nearly four ...

Tagged with: exelon merger pepco Public Service Commission

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.

Tagged with: Attorney General Brian E. Frosh exelon Larry Hogan Maryland Public Service Commission merger pepco

Pepco has reached a settlement with a former contractor originally awarded nearly $36 million from a Montgomery County jury after was electrocuted and paralyzed from the neck down in a workplace accident. The jury verdict in favor of Hugo Hernandez Palomino came in October following a six-day jury trial in Montgomery County Circuit Court. The jury award included approximately $19 million for future medical expenses and $15 million for noneconomic damages, which would have been capped at $770,000.

Tagged with: montgomery county circuit court pepco Verdicts and Settlements