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Latest Federal & Government Contracting Companies' News Coverage
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
ICF International has received two contract awards worth more than $14 million combined from Pepco Holdings to keep administering residential energy saving portfolios for the company’s Maryland utilities. ICF will perform digital, data analytics, marketing, information technology, incentive processing and call center services for the commercial multifamily programs at the Pepco and Delmarva Power utilities, […] 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
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 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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