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- Potomac Electric Power Co.
- Potomac Electric Power Co. announced last month the beginning of a year-long auction process by which the Maryland-based utility will sell all of its electric-generating facilities. Assets offered for sale total 5,320 megawatts of capacity in four fossil-fuel power plants and the company's 10% share in...
- Research articles 2000-02-01
- Fitch IBCA Releases Report on West Penn Power Co
- NEW YORK--BUSINESS WIRE--Nov. 24, 1999-- Fitch IBCA, the international rating agency, issued a special report on West Penn Power Co WPP. WPP a wholly owned subsidiary of Allegheny Energy, Inc. AE, is a vertically integrated electric utility providing service to approximately 670,000 customers in western Pennsylvania. With the...
- Research articles 1999-11-24
- Fitch Upgrades FirstEnergy Corp. & Select Operating Subsidiary Debt
- NEW YORK -- Fitch has upgraded the Issuer Default Rating IDR and individual issue ratings of FirstEnergy Corp. FE and its subsidiaries Jersey Central Power & Light Co. (JCP&L), Cleveland Electric Illuminating Co. CEI, and Toledo Edison Co. TE. At the same time, Fitch has affirmed the ratings of Ohio...
- Research articles 2007-02-02
- Two units of Pennsylvania-based Allegheny Energy Inc. to sell $465M
- Two units of Pennsylvania-based Allegheny Energy Inc., Potomac Edison Co. and Monongahela Power Co. in West Virginia, plan to sell $465 million of bonds with top AAA ratings and backed by a surcharge on customers' bills, in the first sale of ratepayer-backed debt to pay for pollution-control equipment. The 500,000...
- Research articles 2007-03-27
- Pennsylvania Energy Companies Fight Mail War Over Merger.(Originated from The Philadelphia Inquirer)
- PHILADELPHIA--Oct. 2--All is fair in love and hostile corporate takeovers. Peco Energy Co., in an effort to generate some friendly mail about its unsolicited takeover of Pennsylvania Power & Light Co., has hired a telemarketing firm to solicit support from PP&L customers. The result: bundles...
- Research articles 1995-10-01
- Pennsylvania Utility Protests Energy Companys Bid Action.(Knight Ridder/Tribune Business News)
- Oct. 24--Green Mountain Energy Co. filed a petition with the state Public Utility Commission Monday protesting a decision by PECO Energy to ignore its bid for a provider-of-last-resort contract in favor of a higher bid from The New Power Co. Green Mountain, which specializes...
- Research articles 2000-10-23
- Eleven Electric Utilities Consider Forming Regional Entity.(Originated from Akron Beacon Journal, Ohio)
- AKRON, Ohio--Dec. 10--Akron-based FirstEnergy Corp. says it's keeping its options open as the electric utility industry continues to restructure. The company announced Tuesday that its four principle operating companies -- Ohio Edison Co., The Illuminating Co., Pennsylvania Power Co. and...
- Research articles 1997-12-09
- Pennsylvania Electric customers stay put, PP&L says.
- PP&L Inc. says that 96.5 percent of its customers have chosen to remain with the company in the wake of Pennsylvania's "electric choice" program. This represents the second-fewest defections among the state's seven regulated electric utilities. Allegheny Power Co. lost the fewest customers, at 1.9 percent,...
- Research articles 1999-12-01
- Loan Sought on DC Offices.(Potomac Electric Power Co.; Holliday Fenoglio Fowler LP)(Brief Article)(Statistical Data Included)
- A Washington energy company is looking for a mortgage of about $75 million on its newly developed headquarters. Potomac Electric Power occupies the 400,000-square-foot office building, located at 701 9th Street NW. The company completed its development of the building earlier this year and...
- Research articles 2001-11-26
- Energy Companies to Purchase Pennsylvania Nuclear Power Plant.
- Knight Ridder/Tribune Business News Jul. 18--Three Mile Island, site of the nation's worst commercial nuclear accident, made history again yesterday as Peco Energy Co. and a British partner announced they will purchase TMI's undamaged Unit 1. It would be the first time that a U.S. nuclear...
- Research articles 1998-07-17
- Jersey Central Power pulls plug on 16 jobs
- Electric power company FirstEn- ergy Corp. announced last week that it has cut a total of 16 employ- ees in New Jersey as part of com- pany-wide downsizing that will eliminate 335 of its management and support staff. The downsizing would affect jobs at Morristown-based subsidiary Jersey Central Power &...
- Research articles 2009-03-09
- Former Pa. utility executive G.D. Caliendo joins O&R as new general counsel
- PEARL RIVER, N.Y.--BUSINESS WIRE--Feb. 21, 1995--Orange and Rockland Utilities Inc. today named a former Pennsylvania utility company executive, G.D. Caliendo, as O&R's new vice president, general counsel and corporate secretary.Caliendo, 54, a Brooklyn native who joined Pennsylvania Power & Light Co. in 1968, worked his way up from a staff...
- Research articles 1995-02-21
- Philadelphia Utility Wants to Offer Service to Former Customers of Power Firm.
- By Benjamin Y. Lowe, The Philadelphia Inquirer Knight Ridder/Tribune Business News Mar. 28--Peco Energy Co. has asked state regulators for permission to provide service to 180,000 Southeastern Pennsylvania customers being dropped by NewPower Holdings Inc. The Philadelphia utility last week asked...
- Research articles 2002-03-28
- Peco Energy to Switch Some Pennsylvania Customers to New Power Providers.
- By Akweli Parker, The Philadelphia Inquirer Knight Ridder/Tribune Business News Oct. 3--Starting next week, more than a quarter million Peco Energy Co. customers will get a notice that they're being switched to a new electricity provider. Eager to avoid...
- Research articles 2003-10-03
- GPU declares dividend
- PARSIPPANY, N.J.--BUSINESS WIRE--Dec. 1, 1994--The board of directors of General Public Utilities Corp. (NYSE:GPU) today declared a regular quarterly common stock dividend of 45 cents per share, payable Feb. 22, 1995 to shareholders of record Jan. 27, 1995. GPU is a registered electric...
- Research articles 1994-12-01
- GPU board declares common stock dividend
- PARSIPPANY, N.J.--BUSINESS WIRE--Oct. 5, 1995--The board of directors of General Public Utilities Corp. (NYSE:GPU) today declared a regular quarterly common stock dividend of 47 cents a share, payable Nov. 29, 1995 to shareholders of record Oct. 27, 1995.GPU is a registered electric utility holding company. Its three operating utility...
- Research articles 1995-10-05
- ComEd moving toward link-up with power grid in the East.(News)
- Byline: STEVE DANIELS Commonwealth Edison Co. is moving forward with plans to join an East Coast power transmission consortium. If federal regulators approve, the Chicago utility in May will join PJM Interconnection LLC, which operates the transmission grid in Pennsylvania, New...
- Research articles 2004-01-26
- Higher rates approved for APS unit
- NEW YORK--BUSINESS WIRE--Dec. 15, 1994--Allegheny Power System Inc. today reported that the Pennsylvania Public Utility Commission has granted its subsidiary, West Penn Power Co., increases in electric rates that will result in about $57.3 million in additional revenues on an annual basis. The Commission authorized a return...
- Research articles 1994-12-15
- Some Peco Energy Customers to Be Transferred to a Different Power Supplier.
- By Akweli Parker, The Philadelphia Inquirer Knight Ridder/Tribune Business News May 2--One out of every three Peco residential electricity customers will soon be assigned to a different power supplier, and most will receive a modest discount to sweeten the switch, Pennsylvania ...
- Research articles 2003-05-02
- Pennsylvania Electric Company Reports Record Dividend.
- Knight Ridder/Tribune Business News Oct. 20--Warm weather and a strong performance by its wholesale power marketing unit boosted Peco Energy Co.'s third-quarter earnings to a record $1.20 per share, a 74 percent increase over last year and well above analysts' estimates of 78 cents....
- Research articles 1998-10-19
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