Deals
Exelon’s Pepco Takeover Fuels Fear That Nuclear Will Trump Solar
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Fear that Exelon Corp. could slow the growth of solar power in Maryland to protect its high-cost nuclear reactors is fueling a push to block its planned acquisition of Pepco Holdings Inc.
The debate pits the state’s top lawyer, who has urged regulators to reject the sale, against the nation’s biggest nuclear power plant owner. The Maryland Public Service Commission is scheduled to rule on the $6.8 billion merger Friday.