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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Public call for development of less developed areas of Istria published

first_imgThrough this measure, for which a total of HRK 210.000 has been allocated and the maximum amount of individual support is HRK 50.000, only costs for improving environmental standards, accessibility and stay during the event, and aesthetic decoration and upgrading of the event are co-financed.  The general goals of this program are the balanced development of Istria, the development of year-round tourism and strengthening the destination brand. The program implements two measures – raising the quality of tourist events and the development of tourist products. The deadline for submitting applications is February 10, 2020, for more details on the public call, find out HERE Cover photo: Dejan Hren A) RAISING THE QUALITY OF TOURIST EVENTS IN TOURIST LESS DEVELOPED AREAS OF ISTRIA B) DEVELOPMENT OF TOURIST PRODUCTS AND SPECIAL INTEREST PROJECTS IN LESS DEVELOPED TOURIST AREAS OF ISTRIAcenter_img Through this measure, grants are granted for the development of public tourism infrastructure and selective forms of tourism such as outdoor and active tourism, ie cyclotourism, and cultural and eno-gastronomic tourism, and for projects that valorize indigenous values, Istrian tradition, culture and customs.  The Administrative Department for Tourism of the County of Istria has published a Public Call for Grants under the Program for Encouraging Tourist Events, Projects and Products in Less Developed Areas in 2020. A total of HRK 120.000 has been set aside for this measure and the maximum amount of individual support is HRK 50.000, and only the costs of arranging, equipping and marking bicycle, hiking, mountaineering, educational and other themed trails (brown signalization is not included), picnic areas, climbing areas, lookouts are co-financed. , caves, and other points of interest, museums, theme houses, the introduction of bike-share services, bike services, bike parks, and the installation of bicycle counters in less developed tourist areas.  This measure encourages raising the quality and improvement of tourist events of regional importance which are held in at least 3 or more locations, ie places, municipalities of Istrian cities, and which are primarily held outside the main tourist season and promote indigenous products, local performers, traditions, customs and values. last_img read more

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