SOURCE: Industrial Info Resources

Industrial Info Resources

April 29, 2011 06:30 ET

Exelon, Constellation Energy Group Announce Merger, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 29, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Yesterday, Exelon Corporation (NYSE:EXC) (Chicago, Illinois) and Constellation Energy Group (NYSE:CEG) (Baltimore, Maryland) announced a planned merger of the two companies. Exelon will pay approximately $7.9 billion for the acquisition of Constellation. The transaction is expected to close in the first quarter of 2012.

Industrial Info is tracking more than $3.2 billion in active capital and maintenance projects for the two companies. Details of these uprates and other projects are available in Industrial Info's North American Power Industry Database.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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