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Stock Market & Financial Investment News

News Breaks
March 10, 2014
06:54 EDTEXCExelon spending $400M-$500M to prevent nuclear disaster, NY Times says
In the wake of the tragedy at Japan's Fukushima nuclear plant, Exelon is spending $400M-$500M to prevent a similar tragedy from occurring at one of its nuclear plants, according to The New York Times. The company operates 17 of the 100 commercial power reactors in the U.S., the newspaper stated. Reference Link
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November 24, 2014
06:07 EDTEXCComverge and Constellation to combine demand response businesses
H.I.G. Capital announced that its portfolio company Comverge, together with Constellation, a subsidiary of Exelon, have combined their demand response businesses serving commercial & industrial customers. The combined business, named CPower, is headquartered in Baltimore, Md., and will operate as a new, standalone company independent from Comverge and Constellation.
November 21, 2014
08:04 EDTEXCFERC approves merger of Exelon, Pepco Holdings
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November 19, 2014
17:20 EDTEXCConstellation NewEnergy awarded $167.91M government contract
Constellation NewEnergy, an Exelon company, has been awarded a maximum $167.91M firm-fixed-price contract for electricity and ancillary services. This contract was a competitive acquisition, and six offers were received. This is a two-year base contract. Location of performance is Maryland with a Jan. 31, 2017 performance completion date.

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