Maryland PSC seeks help on Constellation merger
The Public Service Commission is hiring consultants to help it evaluate MidAmerican Energy's proposed buyout of Baltimore-based Constellation Energy.
The Maryland Public Service Commission issued two Request for Proposals today for expert consulting services to assist the Commission and the Commission Staff in evaluating, pursuant to Public Utility Companies Article 6-105, an expected application seeking the Commission's approval of an announced transaction between Constellation Energy Group Inc. and MidAmerican Energy Holdings Co."Through these RFPs, the Commission is seeking the best available experts to help us evaluate what we expect to be an important and complex transaction," said Commissin Chairman Douglas Nazarian. "Although no application has yet been filed, releasing these RFPs now will allow us to conduct a throrough, public analysis and meet the six-month deadline established in our statute."
