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July 3, 2024

Pepco Holdings Inc. (PHI)

DC Mayor Tight-Lipped on Exelon-Pepco Deal
As the Sept. 28 deadline approaches for Exelon and Pepco Holdings Inc. to appeal D.C. regulators’ rejection of their merger, Mayor Muriel Bowser is saying little to indicate how she feels about a second try by the companies to close the deal.
DC Halts Exelon’s Acquisition of Pepco Holdings; Pepco Stock Tumbles
The D.C. Public Service Commission unanimously denied Exelon's proposed $6.8 billion acquisition of Pepco Holdings Inc., sparking applause in the hearing room and sending the shares of both companies tumbling on Wall Street.
DC PSC to Announce Decision on Pepco Acquisition Tuesday
The D.C. Public Service Commission will announce its decision on Exelon’s acquisition of Pepco Holdings Inc. at its open meeting 11 a.m. Tuesday.
Failed Lightning Arrester Caused April Outage
The power outage that darkened the White House and much of D.C. on April 7 began with the failure of a 230-kV lightning arrester at a Pepco substation.
Md. Judge Denies Stay in Exelon-Pepco Deal
A Maryland circuit court judge Wednesday declined to stay Exelon's acquisition of Pepco Holdings Inc. while it considers an appeal from the state’s Office of People’s Counsel.
How Exelon Won over Maryland
Exelon worked on several tracks, negotiating settlements with some of those who initially opposed the deal while working to undermine the arguments of those who remained in its way.
UPDATE: Md., Del. PSCs OK Exelon-Pepco Deal
The Maryland Public Service Commission voted 3-2 to approve Exelon's controversial acquisition of Pepco Holdings Inc. Friday, saying Exelon's reputation for service excellence was the deciding factor.
Strong PECO Performance Helps Exelon’s Earnings
Exelon said first-quarter profit exceeded expectations, in part due to strong performances by PECO, Baltimore Gas and Electric and Constellation Energy.
PJM
PJM Staff Picks LS Power for Artificial Island Stability Fix; Dominion Loses Out
PJM planners have selected LS Power to build a new 230-kV transmission line from New Jersey’s Artificial Island to Delaware to address stability issues at the nuclear complex.
Deadline Looms for Decisions in Exelon-Pepco Deal
Supporters and critics of the takeover of Pepco by Exelon are churning out newspaper opinion pieces, resolutions and public relations campaigns as the last holdouts to the deal approach deadlines to render decisions.

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