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Feds approve Constellation-Exelon merger
Constellation Energy Group and Exelon Corp. are expected to close their $7.9 billion merger Monday, after the deal cleared its final regulatory hurdle Friday.
The approval by the Federal Energy Regulatory Commission ends an almost yearlong effort to...Tags: Consumers, Baltimore Gas and Electric Co., Mergers, Acquisitions and Takeovers, Mayo A. Shattuck III, Harbor
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Nuclear regulators uphold ruling on Calvert Cliffs reactor project
The U.S. Nuclear Regulatory Commission upheld a decision Monday preventing a French company from building a third reactor at the Calvert Cliffs Nuclear Power Plant in southern Maryland, but it offered glimmers of hope for the project's proponents. The...
Tags: Nuclear Power, Justice System, Lawyers, Crime, Law and Justice, Atomic Safety and Licensing Board
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City ramps up battle against energy costs, overuse
Valorie Cooley was "in a really bad place" a year ago, with a broken furnace and past-due heating bills she couldn't pay. Now her Baltimore home has a new furnace and a raft of energy-efficient improvements — including insulation in the attic...
Tags: Baltimore Gas and Electric Co., Alternative Energy, Small Businesses, Business, Ken Strong
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Panel approves preliminary design of Exelon's proposed Harbor East headquarters
Energy giant Exelon Corp.'s regional headquarters in Harbor Point would rise 23 stories and 350 feet, reshaping Baltimore's skyline with a futuristic glass tower, under a preliminary design approved Thursday by a city advisory panel. Approval of the...
Tags: Morris A. Mechanic Theatre, Architecture, Harbor, Harbor East, David S. Brown Enterprises Ltd.
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BGE will seek distribution rate increase
Baltimore Gas and Electric Co. plans to ask Maryland regulators later this year to allow it to raise rates for the distribution of electricity and natural gas, Chicago-based Exelon Corp., the utility's new owner, said Thursday.
Exelon executives told...Tags: Baltimore Gas and Electric Co., Mergers, Acquisitions and Takeovers, Layoffs and Downsizing, Restructuring and Recapitalization, Harbor East
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Exelon picks Harbor Point for future headquarters
Harbor Point, a development project led by bakery magnate and developer John Paterakis Sr., will be the site of the headquarters for the combined Constellation-Exelon company if the proposed merger is completed, the energy giants announced Wednesday.
The...Tags: Mergers, Acquisitions and Takeovers, Public Officials, Business, Companies and Corporations, Harbor
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Constellation closes acquisition of Okla. natural gas company
Constellation Energy Group said Thursday that it closed the acquisition of a Tulsa, Okla. natural gas company, the third deal in the past year that helps expand the Baltimore company's retail business. The $22.5 million deal adds 26,100 customers in...Tags: Economy, Business and Finance, Mergers, Acquisitions and Takeovers, Natural Resources, Companies and Corporations, Environmental Issues
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Developer seeks tax break to lure Exelon
The owner of one of the last undeveloped sites at the Inner Harbor is seeking a property tax break from the city to allow it to compete with the developers of four other sites that have proposed or considered building a downtown headquarters for Exelon...Tags: Harbor, Companies and Corporations, Pratt Street, Corporate Officers, Harbor East
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Maryland's wealthy dig deep to donate to super PACS
There are big political contributors, and then there are BIG contributors. Count Baltimore trial lawyer and Orioles owner Peter Angelos among the latter. Angelos has donated at least $1.22 million, mostly to super PACs backing Democrats, according to the...
Tags: Charity, Democratic Party, Marriott International Inc., Mayo A. Shattuck III, Benjamin L. Cardin
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The Interview: Vadim Polikov
Solar power is not just for large manufacturers and other companies looking to save on energy costs.
Photovoltaic systems increasingly are turning up on rooftops of residential homes. It's a market on which Astrum Solar is betting.
Based in Annapolis...Tags: Homes, Alternative Energy, Maryland, Human Interest, Finance
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Maryland proposes how it would spend $113.5 million in BGE fund
The state outlined Friday how it proposes to spend the $113.5 million that Exelon Corp. agreed to put in a "customer investment fund" as part of its merger with Baltimore Gas and Electric Co.'s parent. The biggest piece — $44 million —...Tags: Baltimore Gas and Electric Co., Alternative Energy, Mergers, Acquisitions and Takeovers, Small Businesses, Business
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CEO pay rises at most local public companies
As pay raises go, it's hard to beat a fivefold increase. That's the jump Hunt Valley-based Omega Healthcare Investors' CEO saw in compensation last year. After getting a thumbs down for its executive pay from a shareholder advisory firm, the company told...
Tags: Nursing Homes, Mutual Funds, Investment Service, Business Enterprises, Annapolis
Mar 9, 2012
|Story| Baltimore Sun
Mar 11, 2013
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Jan 22, 2013
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Jan 10, 2013
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Jun 7, 2012
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Feb 1, 2012
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Jan 26, 2012
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Oct 14, 2012
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Jul 22, 2011
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Jun 15, 2012
|Story| Baltimore Sun
Oct 7, 2012
|Story| Baltimore Sun
Original site for Constellation Energy Group topic gallery.
