Homeowners tell regulators safety of Western Maryland wind power proposal not fully consideredOctober 14th, 2009 PSC considers Western Md. wind power proposalBALTIMORE — Homeowners who live near the site of proposed Western Maryland wind farm brought their case before utility regulators Wednesday, saying the impact on their safety has not been adequately considered.
NY court rules in favor of Canada's biggest independent oil company in genocide lawsuitOctober 2nd, 2009 NY appeals court rules for Canadian energy companyNEW YORK — A federal appeals court in New York has ruled that a lawsuit alleging that a Canadian energy company aided genocide in its pursuit of oil in Sudan was properly thrown out. The 2nd U.S.
Constellation, EdF may save $1B in taxes over 15 years under final terms of dealSeptember 30th, 2009 New terms may save Constellation, EdF $1B in taxesBALTIMORE — A Constellation Energy Group executive says the company and its partner Electricite de France will save more than $1 billion in taxes over 15 years under the new terms of a nuclear power transaction
Constellation's Vice President of Integration John Collins said Tuesday that under the new terms, EdF will buy 49 percent of Constellation's nuclear business, but in two pieces to meet federal tax regulations. It will pay $3.809 billion for one portion and $670 million for the other — less than the previously announced $4.5 billion.
World's No. 1 wine producer, NY-based Constellation, will close a winery, donate it to collegeSeptember 10th, 2009 Biggest winemaker to donate NY winery to collegeVICTOR, N.Y. — The world's biggest wine company is closing a winery in western New York and donating the building and vineyards to a college.
Constellation Energy repays $500M, 6.125 pct bond without refinancingSeptember 2nd, 2009 Constellation Energy repays $500M, 6.125 pct bondBALTIMORE — Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.
Fla. appeals court urged to affirm ruling that state ban on gay adoptions is unconstitutionalAugust 26th, 2009 Fla. gay adoption ban goes to appeals courtMIAMI — A Florida appeals court is being urged to affirm a judge's ruling that the state's strict ban on adoptions by gay people is unconstitutional. Attorneys for parent Martin Gill and his two children argued Wednesday in Miami that there's no rational basis to exclude gay people.
Federal appeals court in Virginia upholds conviction of D.C.-area sniper mastermindAugust 7th, 2009 Appeals court in Va. upholds sniper convictionRICHMOND, Va.
Firefighter says appeals court ruling deprived him of his rightsJuly 16th, 2009 Firefighter denounces Sotomayor rulingWASHINGTON — A Connecticut firefighter who lost an appeals court ruling by Sonia Sotomayor has told a Senate panel that in his line of work, advancement has to be determined by skill and qualifications. Frank Ricci was among a group of white New Haven firefighters who were denied a promotion when city tossed out the results of an exam because not enough minorities had scored well enough to be promoted.
Constellation Energy Group gets contract to supply electricity to Texas school districtJuly 8th, 2009 Constellation Energy gets Texas school contractBALTIMORE — Constellation Energy Group Inc. said Wednesday that its subsidiary, Constellation NewEnergy Inc., has signed an electricity supply agreement with the Fort Bend Independent School District in Fort Bend County, Texas.
Baltimore judge dismisses Constellation appeal of regulators' decision to review EdF dealJuly 3rd, 2009 Judge dismisses Constellation appeal in EdF caseBALTIMORE — Constellation Energy Group Inc. lost a round in its battle with Maryland regulators over its proposed deal to sell half its nuclear operations to France's EdF when a judge ruled Thursday it could not appeal the decision to review the agreement while the review was under way.
Appeals court says no double jeopardy concerns in retrial of Enron caseJune 17th, 2009 Merrill Lynch execs in Enron case can be retriedHOUSTON — A federal appeals court says the retrial of three former Merrill Lynch & Co. executives connected to an Enron Corp.
Maryland regulators say proposed Constellation-EdF deal requires their approvalJune 11th, 2009 Md. regulators say they must OK nuclear power dealCOLUMBUS, Ohio — Maryland regulators ruled Thursday that they have the right to sign off on French nuclear power company EdF's plan to buy half of Constellation Energy's nuclear power business for $4.5 billion, rejecting the companies' arguments that approval by the regulators was not necessary. Constellation Energy immediately appealed the decision.
Berkshire Hathaway sells 2.4M more shares of Constellation Energy obtained in failed takeoverMay 14th, 2009 Berkshire sells 2.4M more Constellation sharesOMAHA, Neb. — Billionaire Warren Buffett's company sold more of the 20 million shares of Constellation Energy Group Inc.
Constellation Energy posts 1st-quarter loss, but reaffirms full-year outlookMay 5th, 2009 Constellation Energy posts 1Q loss on itemsBALTIMORE — Utility company Constellation Energy Group Inc. on Tuesday posted a first-quarter net loss on several one-time losses, but reaffirmed its full-year earnings outlook.
Constellation Energy's top executive receives 2008 compensation of $5.7M, says AP tallyApril 29th, 2009 Constellation Energy CEO gets $5.7M 2008 packageCOLUMBUS, Ohio — Constellation Energy Group's top executive, Mayo Shattuck III, received total compensation valued at $5.7 million in 2008, according to Associated Press calculations of data filed with regulators Wednesday. The pay package represents a nearly 56 percent drop in value from his 2007 compensation, and follows a year in which the wholesale power generator was nearly forced into bankruptcy by a liquidity crisis.
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