|
As part of the settlement with the government, Constellation said it will pay a $135 million civil penalty and another $110 million in disgorgement. As part of the disgorgement, Constellation will provide $1 million each to six U.S. regional grid operators to help them improve their surveillance and analytic capabilities. The remaining money will be deposited into a fund that state agencies in New York, New England and PJM, the regional grid operator for 13 states and Washington, D.C., will be eligible to make claims against. Exelon shares rose 90 cents, or 2.3 percent, to close at $39.81, while Constellation shares rose $1.08, or 3 percent, to $37.23.
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor