7 result(s) displayed (1 - 7 of 7):

Constellation Energy exits shipping JV (from Corporate Dealmaker)

Constellation Energy Group Inc. (NYSE:CEG) has been working to streamline its business after a buyout battle involving Warren Buffett's MidAmerican Energy Holdings Co. left shareholders disillusioned. In its latest strategic move, the company is selling its 50% stake in Bulk Energy Transport Ltd., a two-year-old shipping joint venture it operates...

Posted on July 16, 2009 9:20 AM

Constellation Energy promotes dealmaker (from Corporate Dealmaker)

Baltimore power generator Constellation Energy Group Inc. (NYSE:CEG) promoted Shameek Konar to senior vice president for corporate strategy and development. He succeeds Jonathan Thayer, who became CFO of Constellation last year.Konar most recently served as managing director, corporate strategy and development for Constellation Energy Resources, the company's merchant unit,...

Posted on June 1, 2009 12:02 PM

Constellation Energy-EdF deal approved in N.Y. (from Corporate Dealmaker)

Boosting its hopes for a turnaround, Constellation Energy Group Inc. (NYSE:CEG) received New York regulator approval for a sale of reactors to France's Electricité de France SA, the world's largest nuclear power plant owner. The $4.5 billion deal includes the acquisition of nearly half of Constellation Nuclear, the indirect...

Posted on April 21, 2009 4:02 PM

Constellation Energy posts big loss, EDF JV key to turnaround (from Corporate Dealmaker)

Constellation Energy Group Inc. posted a net loss of $1.41 billion in the fourth quarter. That compares to a $258.1 million profit in the fourth quarter 2007. The loss is due mainly to charges related to the Baltimore energy giant's failed $4.7 billion deal to sell itself to Warren...

Posted on February 19, 2009 8:10 AM

Constellation gets new CFO as MidAmerican takes over (from Corporate Dealmaker)

Jack Thayer, treasurer and former development chief at Baltimore power producer Constellation Energy Group Inc., is being kicked upstairs to the CFO position. Constellation said Tuesday its CFO John Collins stepped down and the 37-year-old Thayer will take his place as the company works toward closing its $4.7 billion acquisition by...

Posted on October 21, 2008 4:28 PM

Electricite de France ups its bet on U.S. nuclear trend (from Corporate Dealmaker)

Banking on growth in the nuclear power sector, state-controlled French power company Electricite de France SA raised its stake in its U.S. joint venture partner Constellation Energy Group Inc. to almost 10% from around 5%. At current market prices, the additional 4.54% stake in Constellation Energy is worth about $513 million...

Posted on September 10, 2008 8:30 AM

Thayer's star rises at Constellation (from Corporate Dealmaker)

Jack Thayer began a hiatus from dealmaking in 2003, leaving his job as a healthcare investment banker at Deutsche Bank AG to join Baltimore utility Constellation Energy Group Inc. as its investor relations chief. He was following his former boss at Deutsche, Mayo Shattuck, who became Constellation's CEO in...

Posted on February 15, 2005 12:34 PM