NRC finds 2 problems with emergency shutdown of NJ plant following July lightning strikeSeptember 30th, 2009 NRC finds problems in NJ nuke plant emergencyLACEY TOWNSHIP, N.J. — Federal regulators say the emergency shutdown of the nation's oldest nuclear power plant in July exposed two low-level problems.
USEC says Exelon has signed deal valued at nearly $1.2B for enriched uranium from Ohio plantSeptember 10th, 2009 USEC inks $1.2B deal with Exelon for uraniumBETHESDA, Md. — The country's sole provider of enriched uranium for nuclear power plants says Exelon Generation Co.
AEP CEO sees no significant legal challenges to planned transmission lineAugust 1st, 2009 On the Call: AEP CEOCOLUMBUS, Ohio — American Electric Power, which owns the nation's largest electric transmission system, is working to build out the nation's transmission system to help improve areas where there is congestion along with developing more transmission from wind projects in the Midwest to major population centers. During a conference call Friday, executives were asked about progress on AEP's project to build a new transmission line that stretches from West Virginia to New Jersey.
Exelon second quarter profit falls on weak demand, cool temperaturesJuly 24th, 2009 Exelon 2Q earns fall 12 percent during cool summerCOLUMBUS, Ohio — Exelon said Friday that its second-quarter profit fell 12 percent as the weak economy and cooler-than expected weather in its service areas in Chicago and Philadelphia cut into demand for electricity. Chicago-based Exelon said it made $657 million, or 99 cents per share, for the quarter ended June 30 compared with profit of $748 million, or $1.13 per share, in the year-ago period.
Exelon terminates $7.4 billion bid for NRG after shareholders block board coupJuly 21st, 2009 Exelon walks away from $7.4 billion bid for NRGCOLUMBUS, Ohio — The proposed $7.4 billion, all-stock deal between Exelon and NRG Energy was meant to bring consolidation to a fragmented industry, creating the nation's largest power company that would be able to deliver electricity to 45 million homes. Instead, the deal collapsed Tuesday when Exelon scrapped the bid — refusing to budge from a second and seemingly final offer.
After 9 months, Exelon's $7.4B bid for NRG comes down to shareholder voteJuly 20th, 2009 Exelon-NRG fight comes to head, maybeCOLUMBUS, Ohio — After a nine-month fight, Exelon's $7.4 billion, all-stock bid to create the nation's largest power generator by buying NRG Energy is coming to a head, maybe. NRG shareholders on Tuesday will vote on Exelon's proposal to increase the size of NRG's board and with it, a group that would be more open to a deal.
NRG Energy rejects Exelon's sweetened hostile takeover bid, says it undervalues businessJuly 8th, 2009 NRG Energy turns down Exelon's revised offerPRINCETON, N.J. — NRG Energy Inc.
Exelon raises stakes in hostile bid for NRG, offering $8 billionJuly 2nd, 2009 Exelon raises hostile bid for NRG to $8 billionCOLUMBUS, Ohio — Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc.
Exelon continues NRG Energy acquisition effort by increasing all-stock offer to $8 billionJuly 2nd, 2009 Exelon raises bid for NRG Energy to $8 billionNEW YORK — Exelon Corp. said Thursday it raised its hostile takeover bid for rival NRG Energy Inc.
Exelon postpones plan for nuclear plant in Texas over economic worriesJuly 1st, 2009 Exelon delays plan for Texas nuclear plantCOLUMBUS, Ohio — Power generator Exelon Corp. said Tuesday it has called off plans for now to build a new nuclear plant in Texas because of worries over the economy and the limited availability of federal loan guarantees.
Exelon officials say no public threat in tritium leak at Illinois nuclear power plantJune 8th, 2009 Exelon: No public threat from Ill. tritium leakCHICAGO — A tritium leak was found during routine monitoring of Exelon Corp.'s nuclear power plant, but contaminated water was contained to the property and did not pose a public health threat, company officials said Monday.
AREVA consolidates its leadership in 765 kV extra high voltage in IndiaJune 8th, 2009 PARIS - AREVA's Transmission and Distribution (T and D) division has recently won four orders worth approximately 3500 MINR to supply Power Grid Corporation of India Ltd. (PGCIL), India's main transmission utility, with four extra high voltage (765 kV) substations.
NFL to look into teams announcing draft picks on Web sites and TwitterApril 24th, 2009 NFL to look into team draft announcementsNEW YORK — The NFL will look into teams revealing their draft picks on their Web sites and through Twitter even before commissioner Roger Goodell might have announced the selections. The San Diego Chargers plan to post their picks this weekend on their Web site as soon as they hand in the name card.
Exelon first quarter earnings climb by 23 percent on back of increased nuclear outputApril 23rd, 2009 Exelon 1Q earnings up 23 percentCHICAGO — Exelon says its first quarter earnings rose 23 percent, driven by increased output at its nuclear operations and higher rates. Chicago-based Exelon, the nation's largest nuclear power generator, said Thursday that it made $712 million, or $1.08 per share, compared with profit of $581 million, or 88 cents per share, in the year-ago quarter.
Exelon first quarter earnings climb by 23 percent on back of increased nuclear outputApril 23rd, 2009 Exelon 1Q earnings up 23 percent on nuclear outputCOLUMBUS, Ohio — Exelon on Thursday said its first quarter earnings rose 23 percent, driven by increased output at its nuclear operations and higher rates. The company reiterated its profit outlook of $4 to $4.30 per share for the year and in premarket trading, company shares jumped nearly 6 percent, or $2.68, to $48.20.
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