The Federal Energy Regulatory Commission has cleared Exelon‘s proposed acquisition of power distribution company Pepco Holdings. “FERC’s approval is another step forward toward completing this transaction,” Chris Crane, president and CEO of Exelon, said Friday. The companies aim to merge their electric and natural gas utility operations in a bid to expand their footprint in […] More
Exelon Corp. has agreed to acquire Integrys Energy Group's electricity and natural gas subsidiary for $60 million in a move to grow Exelon's retail power and gas business. Integrys Energy Services will operate within Exelon's Constellation business unit when the transaction closes either in the fourth quarter 2014 or in the first quarter of 2015, […] More
Exelon has signed an equity financing agreement for Bloom Energy-built fuel cell systems that would provide 21 megawatts of energy for 75 commercial sites in four U.S. states. The energy firm said Tuesday it will back Bloom Energy projects in California, New York, Connecticut and New Jersey through a service that enables companies to buy […] More
TYSONS CORNER, VA, November 30, 2020 “” Christine Cocrane, LMI's former director of policy analysis and operations, has succeeded Christen Smith as vice president of management advisory services at the government consulting services contractor, GovCon Wire reported Nov. 19.
The U.S. Navy will sponsor a two-day conference that will kick off Oct. 12 in Bloomington, Indiana, in an effort to promote technology research collaboration among defense, industry and academic institutions. The Naval Surface Warfare Center, Crane Division, will host the “Innovation Crossover: The Shape of Things to Come“ conference and organizers expect the event […] More
The D.C. Public Service Commission has rejected Exelon‘s proposed $6.4 billion merger with Pepco Holdings due to concerns on the latter’s potentially diminished role in the future management structure, the Washington Post reported Tuesday. Thomas Heath writes that the commission also indicated a lack of evidence to prove that the transaction will improve utilities services for consumers […] More
Deloitte and public utility holder Exelon have forged a partnership to implement Critical Infrastructure Protection version 5 standards in an effort to protect North America's bulk power system from potential cyber attacks. Deloitte said Monday the CIP standards from the North America Reliability Corp. were created through the utility sector's regulatory requirements that aim to ensure the electric […] More
Exelon and Pepco Holdings are seeking approval from the Federal Energy Regulatory Commission for the proposed merger between the two energy companies. The transaction seeks to create a utility that would distribute electricity and natural gas to customers in the mid-Atlantic region, Exelon said Friday. Both utilities expect the regulatory agency to hand down a decision […] More