Constellation Energy Group

One Baltimore company on Fortune 500 list — for last time

2012-05-07 17:37:55

Baltimore made the newest Fortune 500 list by the skin of its teeth — with a company that was based here last year but is now part of an out-of-state concern. Constellation Energy Group, which merged with Chicago-based Exelon Corp. in March, is No....

Constellation CEO pay increases 11 percent last year

2012-04-27 15:44:00

Mayo A. Shattuck IlI -- who successfully engineered the sale of Constellation Energy Group to Chicago-based Exelon Corp. – took in $17.3 million in total compensation last year, a nearly 11 percent increase from 2010. Shattuck's base salary of $1.3...

Constellation's three coal plants to find new owner by year's end

2012-04-27 19:56:00

While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo. As a condition of its purchase of Constellation last month, the Chicago energy giant has...

IndyCar Series seeking new group for Baltimore Grand Prix

2012-04-30 17:51:00

Just four months before high-speed cars are scheduled to race through downtown streets, the IndyCar Series is seeking a new team to take over the Baltimore Grand Prix. IndyCar CEO Randy Bernard said Monday that leaders of the racing series "are currently...

Exelon's first-quarter profit drops 70 percent

2012-05-04 14:54:38

Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group. The Chicago-based company earned $200 million, or 28...

Baltimore Grand Prix group in turmoil

2012-04-16 17:32:00

IndyCar executives met with Baltimore officials Monday to discuss the future of the company planning the city's Grand Prix — and whether the leader of the group should depart. Downforce Racing LLC, which took over the troubled event earlier this...

Md. regulators order Exelon to explain merger agreement violations

2012-04-13 16:58:00

Maryland energy regulators have ordered Exelon Corp. to explain how the company "inadvertently" violated some conditions related to its merger with Baltimore's Constellation Energy Group. As part of Maryland Public Service Commission's approval for the...

Dream on: How to plug those budget rat holes

2012-04-16 11:44:00

It really makes one wonder what kind of state we live in when the legislature can plow through 90 days without passing the new budget. Not that I'm complaining, mind you, because, as we all know by now, the alternative will be another hit to our wallets....

BGE $100 rate credit to show up in May bills

2012-04-20 18:15:06

BGE's 1.1 million residential customers will get a nice surprise in their May bill: a $100 credit on their accounts. Baltimore Gas and Electric Co. announced Friday that most customers will receive the credit by the end of May. The ratepayer relief is...

Consolidation wave poised to hit state's health care services, biopharma sectors

2012-04-21 11:26:07

Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...

The Interview: Calvin Butler Jr.

2012-04-14 00:00:00

When the sale of Constellation Energy Group to Chicago-based Exelon Corp. was announced last April, Calvin G. Butler Jr. was in Baltimore, ready to build support and win over critics. Butler, 42, Exelon's senior vice president of corporate affairs,...

Nuclear agency approves Constellation sale

2012-02-16 08:09:00

The federal nuclear regulator approved Thursday the proposed sale of Constellation Energy Group to Chicago-based Exelon Corp. The decision by the Nuclear Regulatory Commission means the proposed $7.9 billion merger has two remaining regulatory hurdles to...

Gerry Evans, of the firm Gerald Evans, finds himself back on top of the lobbying list this year with $1,232,000 in reported compensation. Once an aide to now-Senate President Thomas V. Mike Miller Jr.

2012-01-04 10:37:03

John Stierhoff, a former chief of staff to Senate President Thomas V. Mike Miller Jr., was the sixth-highest billing lobbyist last year, with a reported $1,059,766.70. He is shown here with Del. Maggie McIntosh.

2012-01-04 09:52:23

Lisa Harris Jones, of the firm Harris Jones Malone, was the tenth-highest billing lobbyist in 2011. According the the state ethics commission, she took in $857,000 over the 12 months that ended in October.

2012-01-04 09:39:47