Atlantic City Electric Company

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Pepco Holdings Announces Pricing of Common Stock Offering (Business Wire)

biz.yahoo.com | Nov 6, 2008

Pepco Holdings Announces Pricing of Common Stock Offering. - WASHINGTON--(BUSINESS WIRE)--Pepco Holdings, Inc. (NYSE: POM - News) announced today that it priced an offering of 14 million shares of its common stock to be offered initially at a public offering price of $16.50 per share through a

http://biz.yahoo.com/bw/081106/20081106005755.html?.v=1

Pepco Holdings Sending Crews and Equipment to Texas Gulf Coast (Business Wire)

us.rd.yahoo.com | Sep 12, 2008

Pepco Holdings Sending Crews and Equipment to Texas Gulf Coast. - WASHINGTON--(BUSINESS WIRE)--In response to calls for mutual assistance, Pepco Holdings, Inc. said today more than 100 employees and contractors would leave Saturday for the Texas coast to help restore power in the wake of Hurricane

http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/bw/080912/20080912005885.html?.v=1

Atlantic City Electric Unveils Plan To Lower Energy Use, Improve

Mays Landing, NJ – Atlantic City Electric recently proposed an ambitious program for investing in innovative technologies and new measures that will help its customers manage their energy use, reduce the total cost of energy and help protect the environment.

http://www.electricnet.com/article.mvc/Atlantic-City-Electric-Unveils-Plan-To-Lower-0001

News and Information - PHI

We are pleased to provide you with information about our company, including current and archived news releases and media contacts.

http://www.pepcoholdings.com/about/news/default.aspx

Web Sites

Total : 26 View more »

Pepco Holdings, Inc. - PHI

PHI is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey .

http://www.pepcoholdings.com/

Case Matters

www.nj.gov

And I/M/O the Petition of South Jersey Gas Company to Implement its Transportation Charge (TIC) BPU Docket No. GT02080625; OAL Docket No.; PUC 2262-03S.

http://www.nj.gov/rpa/casematters.htm

Courts

- Brief of Amicus Curiae of the National Association of Home Builders (NAHB) supporting petitioners on writs of certiorari to the United States Court of Appeals for the Second Circuit in the cases "Entergy Corporation, Petitioner, v. Environmental Protection Agency, et al.

http://www.eei.org/about_EEI/advocacy_activities/courts

Atlantic City Electric Company

San Diego -- – Released today by ICON Group International Ltd.: Two of the most comprehensive studies to date on vertical gap analysis and labor productivity benchmarks for Atlantic City Electric Company .

http://www.icongrouponline.com/pr/Atlantic_City_Electric_Company_US/PR.html

 

Pepco Holdings Announces Pricing of Common Stock Offering - Zibb.com

Pepco Holdings, Inc. (NYSE: POM) announced today that it priced an offering of 14 million shares of its common stock to be offered initially at a public offering price of $16.50 per share through a group of underwriters led by Morgan Stanley & Co. Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. as joint book running managers. Joint lead managers for the offering are Banc of America Securities LLC and Wachovia Capital Markets, LLC. Net proceeds from this offering will be used to repay short-term debt. Pepco Holdings also has granted the underwriters a 30-day option to purchase an additional 2.1 million shares to cover any over-allotments. The offering of common stock is expected to close Nov. 12.

Pepco Holdings has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the Securities and Exchange Commission for the offering of the shares of common stock. This offering will be made only by means of a prospectus, including a prospectus supplement, forming a part of this registration statement. You may obtain a copy of the prospectus, when available, from Morgan Stanley & Co. Incorporated, 180 Varick Street 2/F, New York, NY 10014, prospectus@morganstanley.com, or toll-free at 1-866-718-1649; Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037; or J.P. Morgan Securities Inc. toll-free at 1- 866-430-0686.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About PHI: Pepco Holdings, Inc., headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Columbia, Maryland, and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. PHI also provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.

Forward-Looking Statements: Except for historical statements and discussions, the statements in this news release constitute "forward-looking statements" within the meaning of federal securities law. These statements contain management's beliefs based on information currently available to management and on various assumptions concerning future events. Forward-looking statements are not a guarantee of future performance or events. They are subject to a number of uncertainties and other factors, many of which are outside the company's control. Factors that could cause actual results to differ materially from those in the forward-looking statements herein include general economic, business and financing conditions; availability and cost of capital; changes in laws, regulations or regulatory policies; weather conditions; competition; governmental actions; and other presently unknown or unforeseen factors. These uncertainties and factors could cause actual results to differ materially from such statements. PHI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results and prospects of PHI.

SOURCE: Pepco Holdings, Inc.

Pepco Holdings, Inc. 
Media Contact: 
Clay Anderson, 202-872-2680 
or 
Investor Contact: 
Donna Kinzel, 302-429-3004

Read more...

Tags: debt   delaware   electricity   energy   federal   maryland   natural gas   new_york   nyse   products   public offering   regulations   retail   securities   washington   weather   wholesale  

Companies: J.P. Morgan Chase & Co. (JPM), Pepco Holdings, Inc. (POM)

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Pepco Holdings Enters into Credit Agreement - Zibb.com

Pepco Holdings, Inc. (NYSE:POM) announced today that it entered into a $390 million credit agreement with a syndicate of eight lenders. Participants include Bank of America, N.A., as administrative agent and swingline lender, Banc of America Securities, as sole lead arranger and sole book runner, and KeyBank National Association, JPMorgan Chase Bank, N.A., SunTrust Bank, The Bank of Nova Scotia, Morgan Stanley Bank, Credit Suisse, Cayman Islands Branch and Wachovia Bank, National Association as co-documentation agents. Any indebtedness incurred under the facility would be unsecured. The facility is in effect until Nov. 6, 2009. This facility supplements Pepco Holdings' and its utility subsidiaries' existing $1.5 billion syndicated credit facility which is in effect until May 2012.

About PHI: Pepco Holdings, Inc., headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Columbia, Maryland, and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. PHI also provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.

Forward-Looking Statements: Except for historical statements and discussions, the statements in this news release constitute "forward-looking statements" within the meaning of federal securities law. These statements contain management's beliefs based on information currently available to management and on various assumptions concerning future events. Forward-looking statements are not a guarantee of future performance or events. They are subject to a number of uncertainties and other factors, many of which are outside the company's control. Factors that could cause actual results to differ materially from those in the forward-looking statements herein include general economic, business and financing conditions; availability and cost of capital; changes in laws, regulations or regulatory policies; weather conditions; competition; governmental actions; and other presently unknown or unforeseen factors. These uncertainties and factors could cause actual results to differ materially from such statements. PHI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results and prospects of PHI.

SOURCE: Pepco Holdings, Inc.

Pepco Holdings, Inc. 
Media Contact: 
Clay Anderson, 202-872-2680 
or 
Investor Contact: 
Donna Kinzel, 302-429-3004

Read more...

Tags: bank   book   delaware   electricity   energy   federal   maryland   natural gas   nova scotia   nyse   products   regulations   retail   utilities   washington   weather   wholesale  

Companies: Pepco Holdings, Inc. (POM)

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Pepco Holdings, Inc. Hosts Annual Low-Income Energy Assistance Summit - Zibb.com

Pepco Holdings, Inc. (NYSE: POM):

What:                                       Pepco Holdings, Inc.'s subsidiaries --
                                            Delmarva Power, Atlantic City Electric and Pepco --
                                            will join forces with social service agency representatives across
                                            the Mid-Atlantic region to discuss winter energy issues affecting
                                            low-income households.
When:                                       9 a.m. to 3:30 p.m., WEDNESDAY, OCTOBER 15TH
Where:                                      Sheraton Dover Hotel, 1570 North DuPont Highway, Dover, Del.
Details:                                    Some of the topics covered at this daylong event will include:
          --
          New technology to help customers curb their energy use;
          --
          LIHEAP (Low Income Home Energy Assistance Program) funding; and
          --
          Upcoming challenges for low-income households during this winter
          heating season.

About PHI: Pepco Holdings, Inc., headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. PHI also provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.

SOURCE: Pepco Holdings, Inc.

Pepco Holdings, Inc. 
Bridget Shelton, 302-283-5808 (office) 
866-655-2237 (pager) 
bridget.shelton@pepcoholdings.com 
www.pepcoholdings.com

Read more...

Tags: delaware   electricity   energy   hotel   maryland   natural gas   nyse   products   retail   washington   wholesale  

Companies: Pepco Holdings, Inc. (POM)

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Pepco Holdings to Offer Additional Common Stock - Zibb.com

Pepco Holdings, Inc. (NYSE:POM) announced today that it intends to offer 17.5 million shares of its common stock through a group of underwriters led by Morgan Stanley & Co. Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. as joint book running managers. Joint lead managers for the offering are Banc of America Securities LLC and Wachovia Capital Markets, LLC. Net proceeds from this offering will be used to repay short-term debt and for general corporate purposes. Pepco Holdings also expects to grant the underwriters a 30-day option to purchase an additional 2,625,000 shares to cover any over-allotments.

Pepco Holdings has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the Securities and Exchange Commission for the offering. Before you invest, you should read the prospectus in that registration statement, preliminary prospectus supplement and other documents Pepco Holdings has filed with the SEC for more complete information about Pepco Holdings and this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Pepco Holdings, any underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649, Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, J.P. Morgan Securities Inc. toll-free at 1-866-430-0686.

About PHI: Pepco Holdings, Inc., headquartered in Washington, D.C., delivers electricity and natural gas to about 1.9 million customers in Delaware, the District of Columbia, Maryland, and New Jersey, through its subsidiaries Pepco, Delmarva Power and Atlantic City Electric. PHI also provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services.

Forward-Looking Statements: Except for historical statements and discussions, the statements in this news release constitute "forward-looking statements" within the meaning of federal securities law. These statements contain management's beliefs based on information currently available to management and on various assumptions concerning future events. Forward-looking statements are not a guarantee of future performance or events. They are subject to a number of uncertainties and other factors, many of which are outside the company's control. Factors that could cause actual results to differ materially from those in the forward-looking statements herein include general economic, business and financing conditions; availability and cost of capital; changes in laws, regulations or regulatory policies; weather conditions; competition; governmental actions; and other presently unknown or unforeseen factors. These uncertainties and factors could cause actual results to differ materially from such statements. PHI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results and prospects of PHI.

SOURCE: Pepco Holdings, Inc.

Pepco Holdings, Inc. 
Media Contact: 
Clay Anderson, 202-872-2680 
or 
Investor Contact: 
Donna Kinzel, 302-429-3004

Read more...

Tags: corporate   dealer   debt   delaware   electricity   energy   federal   maryland   natural gas   nyse   products   regulations   retail   securities   washington   weather   wholesale  

Companies: J.P. Morgan Chase & Co. (JPM), Morgan Stanley (MS), Pepco Holdings, Inc. (POM)

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