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Podcast: Energy Gang
Episode: How Activists Killed a $6.9 Billion Utility Acquisition
Description: Until this week, most people thought Exelon's planned $6.9 billion acquisition of Pepco was a sure bet. But in a blow to both companies, regulators in the District of Columbia rejected the deal.What happened?
The story is not just about a business deal gone awry. It’s a story about local empowerment, how utilities are dealing with the dramatic swing in America’s electricity market, and the tough decisions regulators are grappling with as they consider how to promote a cleaner grid.
We will talk to Anya Schoolman, an organizer in DC who opposed the deal, about how a group of c...