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Constellation, Exelon chiefs testify before PSC
Top executives of Constellation Energy Group and Exelon Corp. faced questions about reliability, local management of Baltimore Gas and Electric, and corporate governance Monday at the start of what is expected to be an exhaustive regulatory review of...Tags: Civil and Public Service, Economy, Business and Finance, Companies and Corporations, Mergers, Acquisitions and Takeovers, Shareholders
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Exelon's Philadelphia utility fulfills promises to customers, regulators
As Exelon Corp. continues to pursue Constellation Energy Group, the Chicago energy giant is pointing to a decade-old deal with a Philadelphia utility as a success that should reassure wary Marylanders — and regulators — about its intentions...Tags: Civil and Public Service, Economy, Business and Finance, Career and Workplace, Litigation and Regulation, Companies and Corporations
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Constellation Energy Group posts $74 million profit
As Maryland energy regulators prepare to review next week Constellation Energy Group's plan to sell itself to Exelon Corp., the Baltimore energy company posted Friday a $74 million profit in the third quarter. The Baltimore company earned 36 cents per...Tags: Baltimore Gas and Electric Co., Energy Saving, Alternative Energy, Exelon Corp., Economy, Business and Finance
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Constellation merger hearings to take longer than expected
Maryland energy regulators have added at least two more days to their review of Constellation Energy Group's plans to sell itself to Chicago-based Exelon Corp. The move brings the number of days allotted for evidentiary hearings to 11. The hearings are...Tags: Court Preliminary, Exelon Corp., Trials, Mayo A. Shattuck III, Corporate Officers
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Energy analysts: Constellation-Exelon merger likely to go through
Despite continuing challenges to Constellation Energy Group's plans to sell itself to Exelon Corp., analysts say the $7.9 billion deal is likely to overcome major regulatory obstacles, including those in Maryland, where critics are seeking concessions...Tags: Civil and Public Service, Leveraged Buyouts, Nuclear Power, Ice Hockey, Travis Miller
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Constellation, Exelon agree to more concessions
Constellation Energy Group and Exelon Corp. have agreed to additional concessions to alleviate concerns over market power in the mid-Atlantic's electricity grid under the companies' plan to merge, according to documents filed Tuesday with federal and...Tags: Marketing, Baltimore County, Electricity Production and Distribution, Exelon Corp., Economy, Business and Finance
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Illinois AG wants hearing on Constellation merger
The Illinois Attorney General's Office has renewed its request to federal energy regulators for a hearing on Constellation Energy Group's plan to sell itself to Chicago-based Exelon Corp. In a brief filed Tuesday, Attorney General Lisa Madigan said the...Tags: Lawyers, Justice System, Crime, Law and Justice, Exelon Corp., Economy, Business and Finance
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Legg Mason investors approve executive pay package
Legg Mason Inc. shareholders approved a $5.9 million pay package for Chairman and CEO Mark R. Fetting in an advisory vote announced Tuesday at the Baltimore-based company's annual meeting.
The nonbinding "say on pay" measure won the support of 87 percent...Tags: Under Armour Inc., Legg Mason, Inc., Shareholders, Elections, CEO Pay
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Md. ratepayer advocate protests Constellation-Exelon merger
Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-...Tags: Baltimore County, Crime, Law and Justice, Travis Miller, Economy, Business and Finance, Pennsylvania
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Critic of Constellation deal wants $810 million in incentives
A critic of Constellation Energy Group's proposed merger with Chicago-based Exelon Corp. wants the two firms to provide $810 million in incentives to Maryland ratepayers and other stakeholders as part of the power companies' deal.
The proposal by Good...Tags: Civil and Public Service, Baltimore Gas and Electric Co., Human Interest, Electricity Production and Distribution, Regulatory Policy and Organizations
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Road to second Grand Prix full of twists
It was a party unlike any Baltimore had ever hosted during the usually sleepy Labor Day weekend, with candy-colored cars speeding noisily around the Inner Harbor to the delight of crowds drawn to the city's inaugural Grand Prix.
But behind the scenes,...Tags: Stephanie Rawlings-Blake, Television Industry, Maryland Stadium Authority, Business Enterprises, Arts and Culture
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FERC to take more time to review Constellation merger
The Federal Energy Regulatory Commission has delayed its decision on the proposed merger between Baltimore's Constellation Energy Group and Exelon Corp., a move that could push back a closing of the deal until April. Exelon and Constellation had...Tags: Marketing, Exelon Corp., Economy, Business and Finance, Companies and Corporations, Restructuring and Recapitalization
Oct 31, 2011
|Story| Baltimore Sun
Oct 30, 2011
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Oct 28, 2011
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Oct 25, 2011
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Oct 12, 2011
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Oct 11, 2011
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Nov 23, 2011
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Jul 26, 2011
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Jul 21, 2011
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Aug 9, 2011
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Nov 12, 2011
|Story| Baltimore Sun
Nov 14, 2011
|Story| Baltimore Sun
Original site for Constellation Energy Group topic gallery.
