Nov 8th, 2009 - Washington Post
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The boards of Constellation Energy and EDF on Friday completed a $4.5 billion transaction, securing a future for the proposed third reactor at Calvert Cliffs Nuclear Plant.
The Maryland Public Service Commission's Oct. 30 decision was the last of state and federal hurdles needed to complete EDF's $4.5 billion investment to own about 49 percent of Constellation Energy's existing nuclear facilities. The approval came with several conditions, including a rebate of about $100 to each customer of Baltimore Gas and Electric, a Constellation subsidiary, this winter.
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Avenel to host Senior PGA major in 2010
Nov 4th, 2009 - Washington Post
The PGA Tour announced Wednesday morning that it will move the 2010 Senior Players Championship, the last of four major tournaments on the Champions Tour, to TPC Potomac at Avenel Farm...
Constellation, EDF agree on nuclear venture terms
Nov 2nd, 2009 - Boston
ANNAPOLIS, Md.—Constellation Energy Group and France's EDF agreed Monday with conditions set by Maryland regulators to move forward with a $4.5 billion joint nuclear venture.
EDF Moves to Finalize Constellation Deal
Nov 2nd, 2009 - Wall Street Journal
PARIS -- French state-controlled power company Électricité de France SA said Monday it is starting the process of finalizing its acquisition of nearly half of the nuclear-power business of U.
PSC approves Constellation-EDF venture
Oct 30th, 2009 - Forbes
ANNAPOLIS, Md. -- Maryland regulators conditionally approved a $4.5 billion joint venture between Constellation Energy Group and France's EdF on Friday in what would be the last regulatory hurdle to the deal. The conditions include a one-time...
UPDATE 2-Regulators OK EDF-Constellation deal -- with terms
Oct 30th, 2009 - Reuters
* Maryland regulators approve stake sale with conditions * PSC says Constellation should give customers $110.5 mln * PSC says Constellation should make cash infusion to BGE (Adds details from order...
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Buffett To Battle France's EDF To Acquire Constellation Ener
Shares of Constellation Energy Group Inc. (NYSE: CEG) jumped by more than 20 percent on reports that it has received a rival bid from French state-controlled electricity giant Electricite de France SA on Wednesday (Dec. 3), which challenges Warren Buffett's previous merger bid.(Business & Finance)
KamsWWed, Dec 3rd, 20081 Diggs, 0 CommentsEdf Challenges Buffet’s Bid To Take Over Major Utility Co.
The French company has placed a $4.5 billion bid to purchase Constellation Energy's nuclear plants. This may come to disrupt Warren Buffett's takeover plans.(Business & Finance)
brotherbob1Wed, Dec 3rd, 20081 Diggs, 0 CommentsBid for 50% of Constellation's (CEG) Nuclear Biz | stocks
Électricité de France offered $4.5 billion Wednesday for half of Constellation Energy's nuclear power business, a deal that would frustrate a takeover engineered by the billionaire investor Warren Buffett.(Business & Finance)mezabytesWed, Dec 3rd, 20081 Diggs, 0 Comments
