With the administration and public advocate on its side, Exelon's chances of closing their acquisition of Pepco appear to hinge on winning a ‘yes’ vote from PSC Chairman Betty Ann Kane or Commissioner Joanne Doddy Fort.

Entergy has agreed to sell a Rhode Island natural gas-fired power plant to The Carlyle Group for $490 million, a 40% mark-up in less than four years.

The settlement reached between D.C. Mayor Muriel Bowser and Exelon contains provisions designed to persuade the PSC to approve the company’s acquisition of Pepco.

Talen Energy announced the sale of three Pennsylvania power plants for $1.51 billion to help satisfy regulators’ demands to divest assets in PJM.

Public records show that in June alone, Pepco and Exelon lobbyists communicated more than 60 times with seven D.C. councilmembers or their aides.

This week's company briefs include news on Ameren, Xcel Energy, Duke Energy, Alliant Energy, Entergy, PSEG, NIPSCO, NuScale Power and South Field Energy.

D.C. Mayor Muriel Bowser and Exelon CEO Chris Crane announced Tuesday that Exelon would quintuple its concessions to $78 million in a bid to win the Public Service Commission's OK for the company’s $6.8 billion acquisition of Pepco Holdings Inc.

This week's company briefs include news on ... Chesapeake Energy, AEP, FirstEnergy, Calpine, PSE&G, Trillium CNG, Xcel Energy and Entergy.

Chicago-based Exelon would open a headquarters in the district and offer more customer credits under a tentative agreement D.C. Mayor Muriel Bowser’s office has reportedly struck to support the company’s purchase of D.C.-based Pepco Holdings Inc.

A proposal by the Consumer Advocates of the PJM States that the RTO fund the group’s $450,000 budget through an assessment on electric customers won support from state regulators and other load interests but drew sharp opposition from suppliers.