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Exelon’s Constellation to Buy Con Ed’s Retail Operation

Crane: Won’t Use Debt in Acquisitions

Jul 28, 2016

Company News / Capacity Market / Energy Market / Environmental Regulations / Connecticut / Delaware / District of Columbia / Illinois / Maine / Maryland / Massachusetts / New Hampshire / New Jersey / New York / Ohio / Pennsylvania / Rhode Island / Texas / Generation

By Ted Caddell and Rich Heidorn Jr. NASHVILLE, Tenn. — Exelon’s Constellation Energy Resources unit is buying Consolidated Edison’s retail energy business as it continues its efforts to hedge against falling wholesale power prices. Constellation’s purchase of the retail division of ConEdison Solutions will give it another 560,000 residential, commercial...

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