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Constellation deal 'unlike' others, so different standard applies, market monitor says

( April 25, 2025, 14:00 GMT | Official Statement) -- MLex Summary: The scale of the Constellation Energy-Calpine deal greatly eclipses that of past and present electricity mergers in the Mid-Atlantic region, so it would not be appropriate to impose the same remedy for this deal that might apply for a less significant transaction, the independent market monitor for the PJM Interconnection — a regional transmission organization — told the US Federal Energy Regulatory Commission. "There should be no expectation that this Transaction should be treated like any other," Monitoring Analytics staffers wrote.See attached file....

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