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July 25, 2011
The proposal from Constellation Energy and Exelon to divest three generating plants in PJM as part of their proposed merger would not eliminate the competitive issues of the merger, PJM's Independent Market Monitor said in comments at FERC (EC11-83).
July 22, 2011
AEG Affiliated Energy Group has been retained by a retail electricity provider seeking a well capitalized purchaser of its customer portfolio and certain related assets.
July 21, 2011
In a protest at FERC (EC11-83), the Maryland Office of People's Counsel and Pennsylvania Office of Consumer Advocate called the proposed mitigation offered by Exelon and Constellation Energy as part of their merger application inadequate, while also calling the analysis of retail market issues…
July 20, 2011
The Public Utilities Commission of Ohio must ensure that the acquisition of Dayton Power & Light by AES Corp. allows consumers to have full and unencumbered access to competitive retail electric service (CRES) suppliers, and that that the debt service obligations associated with the proposed "highly…
July 19, 2011
Dominion East Ohio has entered into an agreement to acquire certain gas distribution assets from Constitution Gas Transport Co., Inc., in Washington County, Ohio.
July 15, 2011
The New York State PSC has directed Iberdrola, S.A. to restructure the required sale of its fossil fuel generation power plants in New York by offering the plants for sale individually rather than as a group (07-M-0906).
July 8, 2011
Calpine and LS Power, as well as several usual suspects, are reportedly among the parties providing indications of interest for the first round of the auction of First Choice Power by PNM Resources (see 6/10) .
July 7, 2011
FERC has approved the merger application of Nstar and Northeast Utilities, finding that the merger will have no adverse effect on competition as a result of either horizontal or vertical market power (EC11-35).
July 4, 2011
Constellation Now Serving 900,000 Residential Customers with Close of MXenergy Acquisition
June 27, 2011
Astrum Solar Receives Investment from Constellation
June 22, 2011
The Pennsylvania Office of Small Business Advocate has filed a complaint at the Pennsylvania PUC seeking, among other things, an investigation into the impact of the proposed Exelon-Constellation Energy merger on the state's retail electricity and natural gas markets (P-2011-2247936).
June 10, 2011
PNM Resources has commenced an auction process for the disposition of First Choice Power, and potentially its Optim Energy generating facilities as well, two sources familiar with the process told Matters.
June 7, 2011
Constellation Energy has terminated an agreement to sell the 550-megawatt Quail Run natural gas plant in west Texas to High Plains Diversified Energy Corporation.
June 3, 2011
PSEG Power Terminates Sale of Odessa Facility, Seeks New Buyer
June 3, 2011
Cirro Energy's acquisition of Simple Power's customer book involved 15,000 customers, Cirro told Matters yesterday.
June 2, 2011
Chain Lakes Power Company, L.P., which marketed as Simple Power, has sold and transferred all of its customers to Cirro Energy.
June 1, 2011
True Electric Confirms Purchase of Milagro Assets
May 30, 2011
StarTex Power hopes to quickly expand nationally after its acquisition by Constellation Energy, which closed last Friday, StarTex CEO Bob Zlotnik told Matters.
May 27, 2011
StarTex Power formally announced this morning that it has signed a definitive merger agreement to be acquired by Constellation Energy.
May 26, 2011
"[I]f a proposed merger does not adversely affect wholesale market competition, it is unlikely to adversely affect retail market competition," Dr. Joe Pace of Navigant Economics said in testimony supporting the merger application of Exelon and Constellation Energy before the Maryland PSC (Case 9271)…
May 23, 2011
In addition to previously announced divestitures, Constellation Energy and Exelon have committed to sell 500 MW of baseload energy under contracts that will extend through the end of 2014 as part of seeking approval of their merger at FERC.
May 23, 2011
Constellation Energy is said to be in talks to acquire StarTex Power, according to a source with knowledge of the discussions.
May 20, 2011
The Pennsylvania PUC adopted, without modification, an initial decision approving the sale of T.W. Phillips Gas and Oil Co. to a subsidiary of Steel River Infrastructure Fund North America.
May 12, 2011
Exelon Corporation has inked an agreement to acquire Wolf Hollow, a combined-cycle natural gas-fired power plant in north Texas, from Sequent Wolf Hollow, LLC, for $305 million, as adjusted for working capital.
May 12, 2011
Amerex Energy Services, the commercial and industrial energy consulting division of Amerex Brokers LLC, has acquired the operations of Energy Choice Solutions based in Philadelphia, Pa.
