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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: Corporate Officers, Inner Harbor, Real Estate, Pikesville, Harbor
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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: Solar Energy, Economy, Business and Finance, Human Interest, Energy Saving, Politics
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Exelon's first-quarter profit drops 70 percent
Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group. The Chicago-based company earned $200 million, or 28...Tags: Harbor, Restructuring and Recapitalization, Economy, Business and Finance, Companies and Corporations, Earnings
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One Baltimore company on Fortune 500 list — for last time
Baltimore made the newest Fortune 500 list by the skin of its teeth — with a company that was based here last year but is now part of an out-of-state concern.
Constellation Energy Group, which merged with Chicago-based Exelon Corp. in March, is No....Tags: Economy, Business and Finance, Marriott International Inc., Anirban Basu, Business Enterprises, Baltimore Hotels
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IndyCar Series seeking new group for Baltimore Grand Prix
Just four months before high-speed cars are scheduled to race through downtown streets, the IndyCar Series is seeking a new team to take over the Baltimore Grand Prix.
IndyCar CEO Randy Bernard said Monday that leaders of the racing series "are currently...Tags: Inner Harbor, Economy, Business and Finance, IndyCar Series, Public Officials, Politics
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Baltimore Grand Prix group in turmoil
IndyCar executives met with Baltimore officials Monday to discuss the future of the company planning the city's Grand Prix — and whether the leader of the group should depart. Downforce Racing LLC, which took over the troubled event earlier this...
Tags: Egypt, Cook County, Economy, Business and Finance, New York City, Politics
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Constellation's three coal plants to find new owner by year's end
While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo.
As a condition of its purchase of Constellation last month, the Chicago energy giant has...Tags: Morningstar Incorporated, Beaches, Coal, Electricity Production and Distribution, Baltimore County
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Constellation CEO pay increases 11 percent last year
Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010. Shattuck's base salary of $1.3...Tags: CEO Pay, Mayo A. Shattuck III, Exelon Corp.
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Md. regulators order Exelon to explain merger agreement violations
Maryland energy regulators have ordered Exelon Corp. to explain how the company "inadvertently" violated some conditions related to its merger with Baltimore's Constellation Energy Group. As part of Maryland Public Service Commission's approval for the...Tags: Software Industry, Economy, Business and Finance, Companies and Corporations, Marketing, Exelon Corp.
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BGE $100 rate credit to show up in May bills
BGE's 1.1 million residential customers will get a nice surprise in their May bill: a $100 credit on their accounts. Baltimore Gas and Electric Co. announced Friday that most customers will receive the credit by the end of May. The ratepayer relief is...Tags: Economy, Business and Finance, Environmental Issues, Energy Saving, Companies and Corporations, Mergers, Acquisitions and Takeovers
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Consolidation wave poised to hit state's health care services, biopharma sectors
Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...Tags: AstraZeneca Plc, Health, Economy, Business and Finance, Companies and Corporations, Montgomery County (Maryland)
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The Interview: Calvin Butler Jr.
When the sale of Constellation Energy Group to Chicago-based Exelon Corp. was announced last April, Calvin G. Butler Jr. was in Baltimore, ready to build support and win over critics.
Butler, 42, Exelon's senior vice president of corporate affairs,...Tags: Restructuring and Recapitalization, Harbor East, Harbor, Environmental Issues, Economy, Business and Finance
Jan 26, 2012
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Jul 22, 2011
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May 4, 2012
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May 7, 2012
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Apr 30, 2012
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Apr 16, 2012
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Apr 27, 2012
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Apr 27, 2012
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Apr 13, 2012
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Apr 20, 2012
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Apr 21, 2012
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Apr 14, 2012
|Story| Baltimore Sun
Original site for Constellation Energy Group topic gallery.
