FPL/Constellation merger could be tip of iceberg

With US utilities scrambling for cheaper ways to generate electricity, historically high gas prices could trigger a wave of consolidation similar to FPL's recent $11 billion merger with Constellation Energy Group.

In December FPL, a Florida utility owner with a large portfolio of gas-fired power plants, agreed to buy Baltimore-based Constellation in an all-stock deal that is scheduled to close by the end of 2006. If approved, the combined company will register $22 billion in annual revenues and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here