The proposed merger of Exelon Corp. and Pepco Holdings Inc. (PHI) appears to have ended its regulatory roller coaster ride through the nation’s capital with the deal’s approval Wednesday by the District of Columbia Public Service Commission (PSC).
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$6.8B Exelon-Pepco Merger Hits Another DC Speed Bump
Exelon Corp. and Pepco Holdings Inc. (PHI) on Friday saw their merger plans once again sidelined in Washington, DC, when the District of Columbia Public Service Commission (PSC) rejected their proposal and gave the companies two weeks to accept new, PSC-authored terms.
$6.8B Exelon-Pepco Merger Back On Track in DC
Exelon Corp. and Pepco Holdings Inc. (PHI) have reached a settlement agreement with District of Columbia (DC) opponents to their planned merger.
Exelon, Pepco Appeal District of Columbia Merger Denial
Pepco Holdings Inc. (PHI) and Exelon Corp. have asked the Public Service Commission of the District of Columbia (PSC) to reconsider its denial of authorization for their planned merger.
Calpine Buys 4,490 MW Conectiv Fleet
In what its CEO pointed to as a model in reorganizing its predominantly natural gas-fired generation fleet, Calpine Corp. announced last Wednesday it has agreed to buy Pepco Holdings Inc.’s 4,490 MW independent Conectiv Energy power plant fleet for $1.65 billion in a deal that will make one of the nation’s largest independent power producers considerably larger and broader in market reach. At the same time, Calpine will increase its status as one of the nation’s largest wholesale gas consumers.
Delaware Regulators Sign Off on PEPCO-Conectiv Merger
The proposed merger between Potomac Electric Power Co. and Conectiv came one step closer to becoming a reality last Tuesday after the Delaware Public Service Commission (PSC) voted to approve the transaction.