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News Breaks
November 11, 2009
07:58 EDTCEG
theflyonthewall.com: Electricite de France faces tough decisions on its nuclear ambitions, WSJ says
After a costly investment to gain a foothold in the U.S. and U.K. for nuclear energy, Electricite de France now faces the high cost of building reactors, reports the Wall Street Journal's "Heard on the Street". The costs are so high that the company could sell business, take on partners or change plans. But the allure of a growing U.S. market will make an abrupt exit unlikely. Reference Link :theflyonthewall.com



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February 2, 2012
08:09 EDTCEG
theflyonthewall.com: Constellation Energy completes acquisition of ONEOK
Constellation Energy (CEG) announced it has closed the acquisition of ONEOK (OKE) Energy Marketing The purchase of OEMC, a subsidiary of ONEOK, for $22.5M, plus working capital, was announced on Dec. 1, 2011. The acquisition expands Constellation Energy's business and residential customer base in seven states: Kansas, Oklahoma, Missouri, Texas, Nebraska, Wyoming and Illinois. The addition of Wyoming expands Constellation's customer footprint to 46 states. :theflyonthewall.com