Exelon to Create Nation's Largest Utility Holding Company
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Exelon Corporation reached an agreement to aquire P.S.E.&G., the New Jersey utility, for about $12 billion in stock.
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MADRID/LONDON  - Spain's Iberdrola has bid 11.6 billion pounds ($22.5 billion) in cash and shares for Scottish Power to create Europe's third-biggest utility and a world leader in renewable energy.
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SEATTLE, Oct. 26  Â Puget Energy, parent company of Puget Sound Energy, Washington Stateâs largest private utility, said Friday that it had agreed to be acquired and taken private by a consortium of investors for $30 a share in cash, a transaction that the company valued at $7.4 billion, including debt.
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DALLAS -- Shareholders of TXU Corp. approved the sale of the largest power generator in Texas for $32 billion on Friday in one of the largest private buyouts ever.
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State officials said that the company should be allowed to raise the prices it charges for delivering electricity by what critics believe would be the biggest amount ever.
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Exelon Corp. EXC.N on Wednesday cast   doubt on its ability to complete its planned $18.5 billion   takeover of Public Service Enterprise Group PEG.N due to the   companies' struggles to receive approval from New Jersey   regulators.
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The company wants to swallow its largest customer acquisition yet.
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Texas power company TXU Corp.  said on Monday it agreed to be acquired by a group led by private equity firms Kohlberg Kravis Roberts & Co.  and Texas Pacific Group  for $31.8 billion in the largest leveraged buyout in history.
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Pacific Gas & Electric, Northern Californiaâs major utility, is announcing a commitment on Wednesday to make one of the largest ever solar power purchases.
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E.ON AG, Germany s biggest utility, plans to convert an oil-fired power station in the U.K. s south by the end of the decade to cut greenhouse-gas emissions and boost power supplies.
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The paper products giant has plans in store for its record cash flows.
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In a Dec. 21 story about the acquisition of Public Service Enterprise Group by Exelon Corp., The Associated Press incorrectly stated that the combined company would have 18 million customers. Executives said the combined company would serve 18 million people through about seven million electric customers and two million gas customers.
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Exelon Corp., owner of the largest power companies in Illinois and Pennsylvania, agreed to buy New Jersey&#39;s Public Service Enterprise Group Inc.
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Houston-based Dynegy Inc. has agreed to buy ExRes SHC Inc., the parent company of Sithe Energies and Sithe Independence LP, from Chicago-based Exelon Corp.
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Dynegy Inc. (DYN.N: Quote, Profile, Research) on Tuesday said it would buy a package of power plants from Exelon Corp. (EXC.N: Quote, Profile, Research) in New York
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Exelon&#39;s proposed purchase of a New Jersey company for about $12 billion will make Chicago the headquarters of the nation&#39;s largest utility.
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HOUSTON Dynegy says it will pay 135 (m) million dollars to buy a subsidiary of Chicago-based Exelon Corporation called ExRes SHC. Houston-based Dynegy also will assume 919 (m) million dollars in debt in the