NRC approves Constellation-EDF nuclear deal

NRC approves Constellation-EDF nuclear deal
The Nuclear Regulatory Commission has approved Electricite de France's bid to acquire almost 50% of Constellation Energy's nuclear assets, a deal reportedly worth $4.5 billion. The regulatory approval removes an obstacle to the proposed construction of a new nuclear plant in Maryland. EDF has "all necessary approvals at the federal level and clearance from the New York Public Service Commission," the companies said in a statement. Google/Agence France-
http://www.google.com/hostednews/afp/article/ALeqM5i3uNHFIpvGh2GsiVFGmyeTaqDRnQ