Exelon Corp. (NYSE: EXC) Dec. 3 completed the sale of three coal-fired power plants in Maryland to Raven Power Holdings LLC, a new portfolio company of Riverstone Holdings LLC.
The 1,273 MW Brandon Shores, the 399 MW C.P. Crane and the 976 MW H.A. Wagner power plants were sold as part of the merger agreement with Constellation and required by the Federal Energy Regulatory Commission, the U.S. Department of Justice and the Maryland Public Service Commission.
As part of the agreement announced Aug. 9, Raven will maintain the jobs at the plants.
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