The proposed union between Constellation Energy Group and FPL Group Inc. may have to face yet another regulatory hurdle as Maryland’s lawmakers unveiled a plan late Monday to replace the state’s five-member Public Service Commission.
The plan is designed not only to lessen the impact of a 72 percent rate increase from Constellation’s regulated utility, Baltimore Gas & Electric, but also oversee the proposed merger.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]