New York’s largest utility, Consolidated Edison Inc., plans to sell its clean energy businesses to the U.S. arm of German conglomerate RWE AG for $6.8 billion. ConEd, as it is better known, agreed to sell ConEd Clean Energy Business Inc. (CEB), and three related business units to RWE Renewables Americas LLC. The transaction is expected…
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Constellation Expanding Retail Gas, Power Business in ConEd Deal
Exelon Corp. unit Constellation has agreed to acquire the retail power and natural gas business of ConEdison Solutions, which is a subsidiary of Consolidated Edison Inc.
July 27, 2016