Questions Over Latest Wrinkle in Deal to Let Exelon Take Over D.C.-Area Utility

first_img FacebookTwitterLinkedInEmailPrint分享Amy Poszywak for SNL:The path to approval for Exelon Corp.’s proposed acquisition of Pepco Holdings Inc., thought to be made clearer after a recent decision by District of Columbia regulators, was made murkier March 1.Mayor Muriel Bowser and People’s Counsel Sandra Mattavous-Frye separately announced they will not support PSC-suggested changes to a settlement agreement they and other parties had previously reached with the companies. A spokesperson for D.C., also a party to the agreement, separately said his office, too, is opposed to the PSC’s changes. The original settlement agreement, reached in October 2015, had essentially brought the proposed deal back to life after an initial PSC rejection of the transaction in late August 2015.The District of Columbia Public Service Commission on Feb. 26 voted to impose new conditions on the settlement agreement, giving signatories 14 days to accept the new conditions, at which point the deal could be approved without further action necessary by the commission. The parties were also allowed to file an alternative proposal, triggering a seven-day comment period on those alternatives.All three parties opposed to the PSC’s new conditions said the PSC’s proposed conditions remove rate protections in the settlement agreement geared toward residential customers.“From the start, we focused on affordability, reliability and sustainability. We pulled everyone together to negotiate an agreement that was a great deal for DC residents,” Mayor Bowser’s office said in a statement. “The Public Service Commission rejected an agreement that had the support of the Peoples Counsel, Attorney General, DC Water and others. The PSC’s counterproposal guts much-needed protections against rate increases for D.C. residents and assistance for low-income D.C. ratepayers. That is not a deal that I can support.”More specifically, Mattavous-Frye said the commission’s suggested changes to the agreement “eviscerates the benefits and protections essential to render the proposed merger in the public interest by making changes to the $25.6 million rate offset provision for residential customers, which was the single most critical provision I supported.”Full article ($): After step forward, opposition to Exelon/Pepco deal mounts Questions Over Latest Wrinkle in Deal to Let Exelon Take Over D.C.-Area Utilitylast_img read more

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What Results did BiH achieve in Rio de Janeiro?

first_imgWith performance of BiH shot putters Hamza Alić, Mesud Pezer and Kemal Mešić, the participation of the national team of BiH at the Olympic Games in Rio de Janeiro was over.In competition of 34 shot putters in qualifications, Pezer was the 24th with a result of 19.55 meters, Alić was 26th with 19.48 meters, while Mešić was the 30th with the result of 18.48 meters. Twelve shot putters qualified for the finals. Six athletes managed to meet the norm which amounted to 20.65 meters, while the remaining six athletes entered the finals thanks to results.First performances in Rio de Janeiro were of the shooter Tatjana Đekanović, who was 35th in air gun shooting from ten meters, and swimmer Amina Kajtaz, who did not manage to qualify for the semifinals of the swimming competition in the discipline 100 meters butterfly stroke.The best result was expected from the best BiH athlete Amel Tuka at 800 meter run. After passing the qualification group, in the second semifinal group Tuka won the fourth place with a result of 1.45,24 seconds, having the 12th result in total rankings. Eight athletes qualified for the finals.Athlete Lucia Kimani won the 116h place in marathon. This 36-year-old athlete originating from Kenya, who performed at the Olympics for the third time this year, ran the 42-kilometer-long section on the streets of Rio de Janeiro in two hours, 58 minutes and 22 seconds.Swimmer Mihailo Čeprkalo was 37th in the swimming competition qualifications in the discipline 1.500 meters freestyle. This 17-year-old athlete from Banja Luka had a result of 15 minutes and 31.62 seconds, which is almost five seconds less than his personal record and the record of BiH. Forty-six swimmers participated in the qualifications and eight athletes with best results from six groups qualified for the finals.The best BiH judo player Larisa Cerić did not manage to defeat the first obstacle at the tournament in Rio. In the category +78 kilograms, the BiH competitor was eliminated by the Tunisian Nihel Cheikh Rouhou, triple champion of Africa and fourth judo player on the world rankings in this category.BiH tennis players Mirza Bašić and Damir Džumhur also said goodbye to the Olympics after the first round. Bašić lost to the Argentinian Juan Monaco with a result of 6:2, 6:2, while Džumhur was defeated by the Israeli player Dudi Sela with 6:4 and 6:4.BiH will have a new chance to win the first Olympic medal in 2020, at the Olympic Games in the capital of Japan, Tokio.(Source: radiosarajevo.ba)last_img read more

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Spotlight still on SMB

first_imgNadine Lustre’s phone stolen in Brazil Ginebra beats Meralco again to capture PBA Governors’ Cup title Will you be the first P16 Billion Powerball jackpot winner from the Philippines? “Okay na (I’m ok now) coach, happy na ako,” Romeo said.It was these exchanges that Marcial hopes will be a norm during similar events in the future.“They are in a relaxed mode,” said Marcial, adding he wants the event to happen again.Sports Related Videospowered by AdSparcRead Next MOST READ LATEST STORIES San Miguel’s (from left) June Mar Fajardo, coach Leo Austria, Arwind Santos and new Beerman Terrence Romeo during the PBA Media Day on Thursday at Solaire in Pasay. —SHERWIN VARDELEONFrom a jet-lagged Alex Compton bouncing from one interview station to another, to reigning four-time Most Valuable Player June Mar Fajardo casually facing cameras everywhere, the PBA’s inaugural Media Day was a resounding success that commissioner Willie Marcial wants the event institutionalized.And even in what was a one-stop setting for reporters to gather different stories, the San Miguel Beermen—like they have done on the floor the past few years—still dominated in the event held at The Tent at Solaire Resort and Casino in Pasay.ADVERTISEMENT Don’t miss out on the latest news and information. View comments Japeth Aguilar wins 1st PBA Finals MVP award for Ginebra Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Tom Brady most dominant player in AFC championship history Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Philippine Army to acquire MANPADS, self-propelled howitzers “But I think teams like Ginebra and Magnolia, which played well last conference, are stronger than us. We’ll just have to do everything to defend our crown and it will not be easy, but it’s not impossible as long as we follow the system of coach Leo (Austria),” Fajardo said.Even Romeo, unfazed by the scrutiny he now commands in a venue packed with sports journalists, made an appearance on media day and gladly answered queries relating to his much-ballyhooed transfer that made the Beermen unbeatable on paper.“He’s going to be great there,” said Phoenix Petroleum coach Louie Alas. “Coach Leo thrives in making talented players play within a system.”Romeo later approached Alas and the two shared a casual conversation, something that happened a lot between players and coaches coming from different teams during the Media Day.“Okay ka na ba (Are you ok now)?” Alas asked as he gave Romeo a hug.ADVERTISEMENT Ginebra beats Meralco again to capture PBA Governors’ Cup title GALLERY: Players, coaches hype up new season with PBA Media Day “They just got Terrence Romeo,” said Compton, the Alaska coach who will again look at the coming 44th season of the PBA to break through as a coach. Compton has steered Alaska to five Finals stints but has yet to win a crown.“San Miguel Beer [has just] made everyone’s lives more difficult [with the Romeo trade],” he added.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissFajardo admits that eyes will be on the Beermen, even if Barangay Ginebra has made a strong impression last season with a championship in two Finals appearances.“The pressure is on us because everyone is saying we’re the team to beat,” said Fajardo in Filipino during a live interview with Sports IQ as the Beermen to shoot to improve on their all-time Philippine Cup record by winning the conference for the fifth straight year.last_img read more

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