November 24, 2024

District of Columbia

GSA Opposes Exelon-Pepco Settlement
GSA is urging D.C. regulators to reject the Exelon-Pepco merger unless the companies can revise their settlement with the district government.
Exelon, Pepco Make Final Case for Merger in DC PSC Hearings
Having achieved a settlement with the mayor, Exelon and Pepco tried to persuade the D.C. Public Service Commission that their merger is now in the public interest.
Merger Opponents Seek Ethics Investigation of Pepco-DC Stadium Deal
Critics of Exelon’s proposed acquisition of Pepco Wednesday questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
DC PSC Rulings Give Exelon-PHI Merger a Shot in the Arm
Exelon's proposed acquisition of Pepco Holdings has been re-energized by D.C. regulators, who agreed to reopen the case and denied intervenor status to a group that wants to buy Pepco's district assets.
DC PSC Reopens Exelon-PHI Merger Case
The D.C. PSC voted to reopen the Exelon-Pepco merger to consider a proposed settlement with Mayor Muriel Bowser’s administration, with closing briefs due Dec. 18.
Merger Opponents Question Pepco’s Tactics
With the D.C. PSC poised to decide Wednesday on a timeline to consider the revised terms in Exelon’s bid for Pepco, opponents spoke out Monday about why they still think the merger is a bad deal for the district.
Opposing Parties: Require a New Merger Application
Parties opposed to the Exelon-Pepco merger told the D.C. Public Service Commission that it should not reopen the record to consider the new settlement between Mayor Muriel Bowser's administration and the companies.
Group Proposes to Buy Pepco’s DC Assets
A newly formed advocacy group on Friday filed its intent to acquire the district assets of Pepco Holdings Inc. and transform it into a not-for-profit utility that it said will generate about $1 billion in savings over the next 20 years.
DC Public Power to Propose Alternative to Exelon-Pepco Merger
D.C. Public Power on Friday will release details of a proposed alternative to the Exelon-Pepco Holdings Inc. merger that it says would provide up to $1 billion in benefits to the district over the next 20 years.
‘Most Favored Nation’ Provision
Exelon spokesman Paul Elsberg confirmed that the concessions the company agreed to in its bid to win D.C.’s approval of its takeover of Pepco could result in changes to the deals already struck with Delaware, Maryland and New Jersey.

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