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in Executive Moves, News

Betsy Soehren-Jones Appointed as Fortress Information Security’s COO

Betsy Soehren-Jones, former cybersecurity executive at Exelon, has joined Fortress Information Security as chief operation officer. She will oversee Fortress’ energy business, including human resources, sales and marketing, public policy and strategy organizations serving the critical infrastructure, Department of Defense and manufacturing business lines and help expand the company’s Asset to Vendor Library, Fortress said […] More

by Jane Edwards February 23, 2022, 11:54 am
in Executive Moves, News

Lockheed’s Maryanne Lavan Added to Leadership Council on Legal Diversity Board

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.

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by Nichols Martin November 27, 2019, 10:26 am
in Industry News, News

DOE Lab, Exelon Enter Clear Energy Systems R&D Agreement

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

by Ramona Adams October 21, 2016, 11:21 am
in News, Products & Service

Constellation NewEnergy Wins Navy Electricity Contract

Constellation NewEnergy has won a $7 million contract from the Defense Logistics Agency to provide electricity and ancillary services to the U.S. Navy. The Defense Department said Friday Constellation will perform work in Maryland and Texas through Jan. 31, 2017. DLA received seven offers for the contract. Constellation NewEnergy, an Exelon company, provides power, natural gas, renewable energy and […] More

by Jay Clemens January 11, 2016, 5:44 am
in Industry News, News

DC Public Service Commission Denies Proposed Exelon-Pepco Merger

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

by Anna Forrester August 26, 2015, 8:03 am
in Cybersecurity News, News

Deloitte-Exelon Team to Help North American Utilities Implement NERC Cyber Defense Standards

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

by Jane Edwards August 3, 2015, 11:46 am
in Industry News, News

Chris Crane: Federal Regulators Green-Light Exelon, Pepco Merger

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

by Mary-Louise Hoffman November 24, 2014, 9:26 am
in News, Products & Service

ICF to Continue Baltimore Gas and Electric Support; Michael Mernick Comments

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

by Elizabeth Leigh October 27, 2014, 2:59 pm
in Industry News, News

Pepco Stockholders OK Exelon Merger; Joseph Rigby Comments

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

by Jay Clemens September 24, 2014, 10:58 am
in Industry News, News

Exelon Inks $60M Deal for Integrys Energy Group Subsidiary; Chris Crane Comments

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

by Jay Clemens July 31, 2014, 1:26 pm
in Industry News, News

Exelon Invests in Bloom Energy Fuel Cell Tech; Chris Crane Comments

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

by Mary-Louise Hoffman July 29, 2014, 2:05 pm
in Industry News, News

Exelon, Pepco File for FERC’s Regulatory Approval of Merger Plan

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

by Mary-Louise Hoffman June 3, 2014, 8:15 am

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