Maryanne Lavan, senior vice president, general counsel and corporate secretary of Lockheed Martin, has been appointed to the board of directors at the Leadership Council on Legal Diversity. She is among the four new board members of LCLD, which aims to promote diversity across the legal sector, the council said Tuesday.
The Energy Department‘s Argonne National Laboratory and Exelon have signed a five-year cooperative research-and-development agreement to explore new technology that could support clean energy goals and help develop a next-generation energy grid. Exelon said Tuesday the partnership aims to combine the company’s market knowledge with Argonne’s research and expertise in energy production and delivery. The agreement also builds on Argonne and […] 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
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
ICF International will extend support for Baltimore Gas and Electric Company's heat and power programs in projects worth a total of $61 million. The Fairfax-based consulting services and technology solutions company will provide the work under three contracts for a combined period of three years, ICF said Monday. It has been helping BGE with designing, marketing and […] More
Pepco Holdings‘ stockholders have approved the power provider’s proposed merger with Exelon Corp. The merger would combine Pepco Holdings’ Atlantic City Electric, Delmarva Power and Pepco electric and gas utilities and Exelon's BGE, ComEd and PECO utilities, Exelon said Tuesday. Exelon said the transaction is scheduled to complete in the second or third quarter of its 2015 fiscal year and […] 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
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
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