Platts honors stars in clean energy
Platts has announced the winners in several categories of its Global Energy Awards.
Exelon won In the "Strategic Deal" category,for the successful merger of it and Constellation. The award recognizes the success of a new energy project, asset buyout, or full company merger or acquisition in a time of uncertain markets and global interdependence.
The $7.9 billion merger of Exelon and Constellation, completed in March 2012, formed the largest U.S. competitive energy provider, with operations in 47 states, the District of Columbia and Canada. It brought together under one organization three leading electric and gas utilities -- BGE, ComEd and PECO.
"Exelon's merger with Constellation began a new era for the company by combining one of the cleanest and lowest-cost power generation fleets with one of the largest retail and wholesale customer bases in the United States," said Christopher M. Crane, Exelon's President and CEO.
In the category of "Green Energy Supplier," MidAmerican Energy Company received an award based on its "commitment to providing a low-cost, sustainable energy source that enables local economic development."
MidAmerican Energy Company began installing wind turbines in 2004, and since has become the choice wind power generator among all U.S. regulated utilities.
EnerNOC edged out last year's winner, OPower, in the "Rising Star -- Company" and "Industry Leadership" for inspiring consumers to make everyday changes that achieve energy efficiency. EnerNOC was recognized for its energy management tools which offer customers greater insight into their energy use and more control over their energy costs.
"It's encouraging to see so many industry participants making energy efficiency and renewable energy a top priority despite the economic challenges of the past few years," said Larry Neal, President of Platts. "These winners are to be congratulated for going above and beyond the status quo and providing the world with clean energy solutions."