Jay Hancock's blog: Constellation, EDF close their deal - Business news: Stock markets, banks and economic observations with columnist Jay Hancock

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November 6, 2009

Constellation, EDF close their deal

From the email inbox:

Constellation Energy and EDF Group Complete Nuclear Joint Venture
BALTIMORE and PARIS – Nov. 6, 2009 – Constellation Energy (NYSE:CEG) and EDF Development Inc. (a wholly-owned subsidiary of EDF S.A.) today announced that EDF has completed its investment in Constellation Energy Nuclear Group, LLC, which is structured as a new joint venture. With the close of the transaction, the companies look forward to working together to deliver the expected economic, environmental and clean energy benefits created by the joint venture.

Posted by Jay Hancock at 11:57 AM | Permalink | Comments (0)
Categories: BGE/electricity

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About Jay Hancock

Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

Follow @jayhancock1 on Twitter