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Feds approve Constellation-Exelon merger
Constellation Energy Group and Exelon Corp. are expected to close their $7.9 billion merger Monday, after the deal cleared its final regulatory hurdle Friday.
The approval by the Federal Energy Regulatory Commission ends an almost yearlong effort to...Tags: Harbor, Baltimore Gas and Electric Co., Martin O'Malley, Restructuring and Recapitalization, Energy
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New energy firm headquarters could alter city skyline
Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront...Tags: Office and Retail Spaces, Plant Openings, Downtown Partnership of Baltimore, First Mariner Bancorp, Realty
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Constellation closes acquisition of Okla. natural gas company
Constellation Energy Group said Thursday that it closed the acquisition of a Tulsa, Okla. natural gas company, the third deal in the past year that helps expand the Baltimore company's retail business. The $22.5 million deal adds 26,100 customers in...Tags: Natural Resources, Natural Gas, Companies and Corporations, Companies and Corporations, Constellation Energy Group
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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: Harbor East, Harbor, Fells Point, Inner Harbor, Energy
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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, Martin O'Malley, Baltimore Gas and Electric Co., Energy
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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: Marriott International Inc., Baltimore Hotels, Coventry Health Care Inc., Business Enterprises, Companies and Corporations
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Exelon, Constellation donate $1.8M to Md. Science Center
Exelon Corp. and Constellation have donated $1.8 million for a new energy exhibit at the Maryland Science Center, the first public display of their charitable commitment to the city and state since the merger between the energy giants closed in March, the...Tags: Civil and Public Service, Baltimore Gas and Electric Co., Human Interest, Science and Technology, Maryland Science Center
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ComPsych CEO a psychologist by training who has listened to his head
Tribune staff reporterRichard Chaifetz built his company and career in Chicago, but it's 300 miles southwest of here where he's a household name. ComPsych Corp., the company Chaifetz started in 1984, grew into a worldwide provider of employee assistance programs to...Tags: National Basketball Association, Insurance, Psychiatrists, Mental Health, U.S. Military
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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: Baltimore County, Career and Workplace, Petroleum Industry, Science and Technology, Employees
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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: Mayo A. Shattuck III, Constellation Energy Group, CEO Pay
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Inner Harbor deserves a world-class building
The Baltimore skyline is iconic: The National Aquarium's blue waves and the World Trade Center's five-sided building have been depicted in places as varied as Robert McClintock paintings and local body art. The Domino Sugar sign is — well, it's...
Tags: Arts and Culture, Harbor, House Building, National Aquarium Baltimore, Inner Harbor
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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: Companies and Corporations, Constellation Energy Group, Software Industry, Economy, Business and Finance, Marketing
Mar 9, 2012
|Story| Baltimore Sun
Dec 24, 2011
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Feb 2, 2012
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Jan 26, 2012
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May 4, 2012
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May 7, 2012
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May 15, 2012
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Feb 27, 2012
|Story| Chicago Tribune
Apr 27, 2012
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Apr 27, 2012
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Apr 12, 2012
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Apr 13, 2012
|Story| Baltimore Sun
Original site for Exelon Corp. topic gallery.