October 14, 2011
Breaking: Pa. PUC Sets OSBA Complaint Regarding Constellation-Exelon Merger for Hearing
updated 1:35 p.m. with statement from Chairman Powelson
HomeNews By TopicMergers & Acquisitions (M&A)
Mergers & Acquisitions (M&A)
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
October 14, 2011
Briefly
Green Mountain Energy Launches Mobile Website
October 13, 2011
Exelon, Constellation Oppose Additional Maryland Renewable Obligations as Condition of Merger
Exelon and Constellation Energy rejected several conditions sought by intervenors in their merger proceeding before the Maryland PSC, including proposed requirements that the merged company's Maryland sales be subject to a higher in-state renewable energy obligation, and proposals to limit the…
October 13, 2011
NRG Energy to Make Baltimore-DC-Northern Virginia Third Site for eVgo Network
NRG Energy intends to launch its third electric vehicle charging network and ecosystem in the Baltimore, Washington, D.C., and Northern Virginia corridor, it disclosed in rebuttal testimony at the Maryland PSC concerning Constellation Energy's proposed merger with Exelon (9271).
October 12, 2011
Algonquin Power & Utilities Expresses Interest in Acquiring Western Wind
Algonquin Power & Utilities Corp. has expressed interest in acquiring Western Wind, a renewable energy developer with assets in California and Arizona, though the two companies now dispute whether Algonquin has made a formal offer.
October 12, 2011
Constellation, Exelon Agree to Restrict Buyers of Divested Plants Under Agreement with IMM
Constellation Energy and Exelon have agreed, under a settlement with the PJM independent market monitor, to not sell three units to be divested as part of their planned merger to competitors previously identified as owning three percent or more of the installed capacity in the overall PJM market, in…
October 6, 2011
Briefly
Constellation Launches Commercial Gas Offers at PECO, PGW
October 4, 2011
Briefly
Freedom Energy Logistics Procuring BHE Large Customer Standard Offer Supplies
October 3, 2011
Exelon, NextEra Acquire Projects from First Solar
Exelon Corporation announced its acquisition of Antelope Valley Solar Ranch One, a 230-megawatt (MW) solar photovoltaic (PV) project under development in northern Los Angeles County, Calif., from First Solar, which developed and will build, operate, and maintain the project.
October 3, 2011
Briefly
Young Energy Submits Notice of Intent to Offer AMS-Based Prepay Service
October 3, 2011
TruSmart Energy Holdings Agrees to Acquire dPi Energy
TruSmart Energy Holdings, LLC has entered into an agreement to purchase dPi Energy, LLC.
September 28, 2011
Hiko Energy, Alpha Gas and Electric Enter Partnership; Unnamed ESCO "Shell" for Sale
Alpha Gas and Electric has entered into a "partnership" with Hiko Energy, Hiko confirmed today.
September 26, 2011
Direct Energy to Maintain First Choice Power Brand
Direct Energy will maintain the First Choice Power brand after its previously announced acquisition closes (9/23) , Steven Murray, President of Direct Energy Residential, told Matters.
September 26, 2011
Testimony: Constellation-Exelon Market Power Could Lead to Retail Supplier Defaults
The Maryland PSC should, "ensure that as much retail load as possible it covered by fixed-price forward contract obligations signed far in advance of delivery (at least two years)," to mitigate market power impacts from the Constellation-Exelon merger, the Maryland Energy Administration said in…
September 23, 2011
Direct Energy to Acquire First Choice Power
Direct Energy confirmed this morning that it has agreed to acquire First Choice Power from PNM Resources for $270 million in cash, plus additional working capital.
September 22, 2011
Satori Energy Acquires Select Energy Partners
Satori Energy has acquired broker Select Energy Partners, LLC, based in Chicago, Illinois.
September 21, 2011
Constellation Watching for Impact on REPs from Extreme Summer; Sees Developments as Positive for Consolidation, Margin Expansion
Constellation Energy sees the potential fallout from this summer's extreme heat in ERCOT, particularly on less capitalized REPs, as favorable for market consolidation and margin expansion, Senior Vice President and CFO Jonathan Thayer said at a Bank of America Merrill Lynch investor conference…
September 20, 2011
IGS Energy Seeks Retail Gas Market Enhancements as Condition of Constellation-Exelon Merger
Interstate Gas Supply asked the Maryland PSC to condition the merger of Constellation Energy and Exelon on improvements to the design and operation of the retail gas market at Baltimore Gas & Electric.
September 19, 2011
Updated Market Power Analysis By IMM Does Not Change Concerns Regarding Exelon-Constellation Merger
Late Friday, Monitoring Analytics, LLC, filed with FERC as well as the Maryland PSC an updated market power analysis regarding the proposed merger of Constellation Energy and Exelon, but which does not materially alter the PJM independent market monitor's conclusions regarding the merger.
September 19, 2011
Md. PSC Staff Analysis Shows Benefits from Constellation-Exelon Merger Potentially Negated by Even Small Impact from Market Power
The proposed merger of Exelon and Constellation Energy is, as filed, not consistent with the public interest, Maryland PSC Staff said in testimony to the PSC (9271), with Staff's analysis incomplete due to a later deadline for filing testimony relating to market power issues.
September 14, 2011
World Energy Solutions Acquires Energy Procurement Business of Co-eXprise
World Energy Solutions, Inc. announced this morning that it has purchased the energy procurement business of Co-eXprise, Inc., for $4 million in an all cash transaction.
September 14, 2011
License Briefs
Great American Power Seeks Maryland Electric License
September 14, 2011
Wireless Age Communications to Acquire Apollo Power & Light; Apollo Recently Acquired Pocket Power Customers
Vertility Energy Corp. said yesterday that it plans to acquire Apollo Power & Light, which serves a mix of prepaid, post-paid, and commercial customers in ERCOT.
September 2, 2011
NextEra Subsidiary to Sell Four Generating Assets
A NextEra Energy Resources, LLC, subsidiary has entered into an agreement to sell its ownership interest in a portfolio of natural gas-fired generating assets to an affiliate of LS Power for $1.05 billion, subject to working capital and other adjustments.
September 2, 2011
Briefly
NUS Consulting Group Acquires Viking Energy Management