EDF-Constellation nuclear deal secures clearance from Md. regulators

11/1/2009 | Wall Street Journal, The

Maryland's Public Service Commission approved Electricite de France's bid to purchase almost 50% of Constellation Energy Group's nuclear business under a deal worth $4.5 billion. Certain conditions came with the approval, including measures to protect Constellation unit Baltimore Gas & Electric and a limit on filings for rate hikes.

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