News Releases

Baker Botts Represents ConEdison Solutions in the Sale of its Retail Electric and Natural Gas Business to Constellation Energy Resources, LLC

Release

Deal Description: July 27, 2016 – Constellation Energy Resources LLC announced today its plans to acquire ConEdison Solutions' retail electric and natural gas business, which includes more than 560,000 residential, public sector, commercial and industrial customers in 12 Northeastern, mid-Atlantic and Midwestern states, and Texas and Washington, D.C.

Constellation will acquire ConEdison Solutions’ retail electricity and natural gas customer contracts and associated supply contracts. ConEdison Solutions will retain its focus on renewable energy, sustainable services, and energy efficiency solutions for commercial, industrial, residential and government customers.

Headquartered in Valhalla, N.Y., the retail electricity and natural gas business within ConEdison Solutions includes approximately 85 employees and is the 13th largest commercial and industrial and 16th largest residential electricity retailer in the U.S. The company delivered approximately 14 TWh of electricity and 1 Bcf of natural gas in 2015.

Baker Botts is representing ConEdison Solutions in the transaction.

Baker Botts Lawyers/Office Involved:

For more information, please see Constellation’s news release by clicking here.

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