Category: power grid
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Washington D.C. Commission Approves Exelon’s Merger with Pepco
$7 Billion deal creates the nation’s top power distributor WASHINGTON—Washington D.C. regulators on Wednesday, March 23, 2016, approved power company Exelon Corporation‘s merger with Pepco Holdings Inc., a decision that clears the last regulatory hurdle facing the $6.8 billion deal to create the country’s top power distributor. The D.C. Public Service Commission, which regulates power,…