It’s official, PEPCO and Exelon have now completed a multi-billion dollar merger. Exelon received the final green light to purchase PEPCO after the Washington D.C. Public Service Commission (PSC) voted two to one in favor of the deal on Wednesday. Key leaders in the District, including Washington D.C. Mayor Muriel Bowser and Attorney General Karl Racine have […]
PEPCO and Exelon Move to Secure Merger
PEPCO and Exelon filed a new agreement with the Washington D.C. Public Service Commission (PSC) on Monday that could save the merger between the utility companies. The PSC previously voted against the merger of PEPCO and Exelon, but allowed the both companies to come up with an alternate agreement that would address the concerns of the commission. […]
D.C. Public Service Commission Rejects PEPCO-Exelon Merger with Conditions
The Washington D.C. metropolitan region was expecting to hear about one of the largest utility mergers in the country today but the D.C. Public Service Commission (PSC) says the deal is not that simple. The PSC rejected the merger between PEPCO and Exelon in a room packed with media and but will still keep the lights […]
Leventhal Holds News Briefing (VIDEO)
Montgomery County Council President George Leventhal met with the media Monday and talked about the recent developments in the Purple Line, the Exelon-Pepco merger and the search for the next superintendent of the county’s school system. You can watch that news briefing in its entirety here.
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