Baltimore Sun (Free subscription) | 18/11/2009
Taxes from BGE deal, job cuts, layoffs, fund transfers part of deal Gov. Martin O'Malley plans to rely on tax revenue from Constellation Energy Group's deal with a French utility plus state agency cutbacks, dozens of employee layoffs and fund transfers to close the latest budget gap that has opened as the recession lingers.
Baltimore Sun (Free subscription) | 18/11/2009
Taxes from BGE deal, job cuts, layoffs, fund transfers part of deal Gov. Martin O'Malley plans to rely on tax revenue from Constellation Energy Group's deal with a French utility plus state agency cutbacks, dozens of employee layoffs and fund transfers to close the latest budget gap that has opened as the recession lingers.
CoWholesale.com - Buy Wholesale Cheap Products from... (Free subscription) | 16/11/2009
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Business Wire (Free subscription) | 09/11/2009
BALTIMORE--(BUSINESS WIRE)--Constellation Energy (NYSE:CEG) mourns the passing of George V. McGowan, a former member of Constellation Energy’s board of directors and chairman and chief executive officer of Baltimore Gas and Electric Company from 1988 to 1993. He was 81 years old. “George McGowan brought integrity and exceptional leadership to Constellation Energy and BGE over his more than...
Baltimore Sun (Free subscription) | 07/11/2009
Constellation Energy Group closed a deal Friday to sell half its nuclear power business to a French utility, one week after Maryland regulators approved the $4.5 billion transaction with conditions.
The Baltimore Business Journal (Free subscription) | 06/11/2009
Constellation Energy Group Inc. and EDF Group have closed their $4.5 billion joint venture, the companies said Friday.
Center for Environment, Commerce & (Free subscription) | 04/11/2009
Maryland Governor Martin O'Malley, left, fought successfully to get concessions from Constellation Energy Group (CEG) in their bid to get approval for a joint venture with Electricite de France (EdF) to build a third nuclear plant at the current Calvert Cliffs site. The conditions added to the agreement by the Maryland Public Service Commission (PSC) include portions of the concessions sought by the...
The Washington Times (Free subscription) | 03/11/2009
Constellation Energy Group and France's EDF agreed Monday to conditions set by Maryland regulators to move forward with a $4.5 billion joint nuclear venture. Constellation said that it had received approval from its board and that the Baltimore-based company is "now moving to close the transaction as quickly as possible." EDF is seeking to acquire nearly half of Constellation's nuclear assets....
Boston Globe (Free subscription) | 03/11/2009
Date unclear on $100 credit to BGE clients, new Md. HQ Constellation Energy Group and its nuclear joint venture partner, Electricite de France, announced Monday that they will move quickly to close their $4.5 billion nuclear joint venture, though the deal leaves some unanswered questions.
The Baltimore Business Journal (Free subscription) | 02/11/2009
One credit rating agency has downgraded Constellation Energy Group Inc.’s bond rating because of its pending deal with EDF Group, but another agency doesn’t expect an impact. (CEG)
Market Watch (Free subscription) | 02/11/2009
SAN FRANCISCO (MarketWatch) -- Standard & Poor's said Monday that it lowered the corporate credit rating on Constellation Energy Group Inc. to BBB- from BBB after regulators approved a deal for Electricite' de France to buy a 49.9% interest in Constellation's nuclear assets. The outlook is stable. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit...
The Washington Business Journal (Free subscription) | 02/11/2009
Constellation Energy Group will proceed with plans to sell a stake in its nuclear power business to Electricite de France SA, accepting conditions put on the merger by Maryland regulators. (CEG)
Business Wire (Free subscription) | 02/11/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings does not expect a ratings impact from Constellation Energy Group's (CEG) sale of its nuclear power fleet to Electricite de France (EDF). CEG announced the decision by its Board of Directors to proceed with the sale of a 49.99% interest in its nuclear power fleet to EDF based on an Oct. 30, 2009 order by the Maryland Public Service Commission (MPSC) that imposed...
The Baltimore Business Journal (Free subscription) | 02/11/2009
Constellation Energy Group’s board of directors has signed off on a series of conditions from Maryland regulators on its $4.5 billion deal with French power giant EDF Group. (CEG)
Washington Post (Free subscription) | 31/10/2009
Regulators appointed by Maryland Gov. Martin O'Malley announced Friday that they have offered conditional approval to let Constellation Energy Group sell nearly half its nuclear assets, including those in Calvert County, to French energy giant EDF in a move designed to lead to construction of the...
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