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That translates to $5 more a month for the average residential customer. The utility had asked to raise rates by $190 million, citing construction and conservation costs and the recession. Commission Chairman Eric Callisto says the panel struck a balance...
Tags: Constellation Energy Group, Madison, Constellation Energy, Florida Power & Light, Calvert Cliffs Nuclear Power Plant, Business Finance, ᅢノlectricitᅢᄅ de France, Xcel Energy, Wisconsin Energy Corporation, Environment
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. Among them: when...
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...
The Kellogg Company posted a quarterly profit on Thursday that topped Wall Street forecasts and raised its full-year outlook, helped by lower commodity costs and curbs on expenses. Kellogg said it earned $361 million, or 94 cents a share, in the third...
Tags: Constellation Energy Group, net income, CDC Software Corp., quarter net, Alliant Energy Corp., France, Maryland Public Service Commission
O'Malley, a Democrat, has publicly reproached Constellation and argued that the Public Service Commission, the state's top energy regulator, should ensure that the company's proposal to sell half its nuclear business to Electricite de France for $4.5...
Maryland energy regulators said Thursday that more time is required to review Constellation Energy Group 's $4.5 billion deal with a French utility, forcing the company to miss its deadline to close the transaction. Constellation said it was disappointed...
Tags: Constellation Energy Group, French, nuclear power, cost related, Maryland
Two Maryland state senators have asked the state attorney general to investigate the legality of compensation given to Constellation Energy CEO Mayo Shattuck ...Jamie Raskin and Jim Brochin sent a letter dated Thursday to Maryland Attorney General Douglas...
Tags: Constellation Energy Group, attorney general, Maryland
Constellation Energy's proposed deal to sell half of its nuclear assets to a French company is good for Maryland and the company will pursue its case before state regulators and the courts, a company spokesman said Wednesday. Constellation Energy spokesman...
Tags: Maryland Public Service Commission, Constellation Energy Group
Constellation Energy can't appeal a ruling by Maryland's Public Service Commission on a deal with France's EdF while the regulators are deciding the case, state officials said Friday. Constellation Energy immediately appealed Thursday after the commission...
Enright, O'Malley's chief of staff, said in a letter Thursday to a Constellation executive that the talks have been "consistently inconsistent" and that it appeared the company's interest in a settlement "cooled considerably" once state officials expressed...