Constellation Energy to Sell Downstream Gas Business

February 4, 2009 Category: Natural Gas
Constellation Energy to Sell Downstream Gas Business

Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed. The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the... 

Fellon-McCord Initiates Power Supply Dispatching via Acquisition of DaCott Power & Transmission Solutions LLC

Energy consulting and management company Fellon-McCord & Associates announced the acquisition of the assets of DaCott Power & Transmission Solutions LLC (DP&T) from DaCott Energy Services Ltd. of Houston, TX. The acquisition gives Fellon-McCord a valuable new slate of power supply consulting services including a 24/7 power dispatch capability...