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Exelon’s shareholders follow PSEG’s by approving merger

first_img Facebook RELATED ARTICLESMORE FROM AUTHOR By chloecox – 7.25.2005 Optimizing Plant Performance: The April POWERGEN+ series activates today Twitter 25 July 2005 – Exelon Corporation’s shareholders have approved the company’s proposed acquisition of Public Service Enterprise Group (PSEG), who’s own shareholders voted in favour of the deal last Tuesday. No posts to display Linkedin New Jersey utility regulators extend zero-carbon breaks for PSEG nuclear power plants Linkedin John W. Rowe, chairman, president and CEO of Exelon, said: “With approvals from shareholders and the Federal Energy Regulatory Commission, we are past two important milestones on our way to creating Exelon Electric and Gas.”center_img The merger will be completed in the second quarter of 2006, pending regulatory approvals from the New Jersey Board of Public Utilities and Pennsylvania Public Utility Commission, as well as reviews by US Department of Justice, Nuclear Regulatory Commission, and Securities and Exchange Commission, among others. TAGSExelonPSEG The approval of the merger was announced at the company’s annual shareholders meeting last week where Rowe said he did not expect to build any more nuclear power plants until the issue of storing spent fuel had been sorted by the government. He stated that most companies shared this view. Nuclear Previous articleJapanese electricity retailers co-operate to lower costsNext articleIran agrees $1bn funding for Iraq energy reconstruction chloecox Twitter Suitors for halted Bellefonte nuclear project ask TVA to consider climate in reviving sale Facebook Exelon’s shareholders follow PSEG’s by approving merger Rowe also said that the company would not be looking to make any further acquisitions in the near future.last_img read more

Volunteer N.J. EMT Team Considers Paid Calls

first_imgAt the squad s home on North Avenue, the members maintain two ambulances for the approximately 300 calls they receive each year, Connolly said. The squad responds to emergencies every night from 8 p.m. to 6 a.m. At the time, more people were moving from cities to suburbs like Dunellen and local residents saw the need for the squad, Andrecovich said. The squad s membership recently dwindled to 20 people — a number that Connolly said stretches its resources too thin at times. Without additional volunteers for driver and emergency medical technician, or EMT, positions, the squad may have to contract to fill times when volunteers are unavailable, said Elaine Andrecovich, the group s spokeswoman. But that tradition could be in danger after the organization experienced a sharp drop in membership and now is considering charging for calls to generate revenue for paid positions within the squad. Dunellen residents may have to pay $400 to $1,600 for each ambulance call, Connolly said. The organization operates on a shoestring budget funded by an annual donation drive and a monetary gift from the town, she said. The squad was started in April 1933 by members of the local fire department and the first meeting attracted 13 people who immediately began responding to calls, said Andrecovich. Connolly said the squad needs at least two EMTs on the ambulance rig for each call. Training to become a certified EMT takes approximately 120 hours, said Connolly, who has been an EMT for seven years and works for the squad from 12 to 20 hours a week. I don t think people know it doesn t take a lot of time to contribute, she said.center_img The squad is still looking for additional members to avoid the move to paid services, Connolly said. Candidates should be at least 14 years old and ideally live near the squad s headquarters, she said. Teens are ranked as cadets and move up in responsibility and position as they gain more experience and training. The current members hope to keep the tradition of the squad alive. NEWARK, N.J.– For decades, the volunteers at the Dunellen Rescue Squad have helped save countless lives in the small borough — all free of charge. In its first year, the fledgling group reported to 37 emergencies in Dunellen and surrounding towns. A year later, the squad was the only rescue organization that saved people from the luxury liner S.S. Morro Castle, which burst into flames and killed more than 100 passengers, Andrecovich said. Towns nearby did not have EMTs. People take for granted that the service will be provided, said Susan Connolly, the squad president. I get personal satisfaction from helping people, Connolly said. You are always helping somebody. For more information on the Dunellen Rescue Squad, visit www.dunellen.com/rescuesquad.html. Sharon Adarlo may be reached at [email protected] or (732) 404-8081.last_img read more

El Centro to honor 4 for community contributions

first_img“I feel very honored,” Ramirez said, “there are so many Latinos in Pasadena doing so many great things.” Tickets for the event are $175, and Ertll said they hope to raise $100,000 toward the center’s annual $500,000 budget. The fundraiser will be held Sept. 20 at the Pasadena Westin Hotel, 191 N. Los Robles Ave. [email protected] (626) 578-6300, Ext. 4482160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! PASADENA – El Centro de Accion Social, the city’s oldest and largest Latino community organization, will honor four Pasadena notables at its annual fundraiser on Sept. 20. Being honored for their contributions to the community are Marge Wyatt, a longtime child and family advocate; restaurateur Abel Ramirez, owner of El Portal in the Playhouse District; former three-term Pasadena Councilwoman Joyce Streator; and Dolores Hickambottom, former local representative for state Sen. Jack Scott, D-Pasadena. The theme of next month’s event, “Changing Lives Through Community Service and Education,” makes keynote speaker Ramon Cortines an ideal choice, said El Centro Executive Director Randy Ertll. “Ray has quite a legacy in Pasadena and beyond. He’s become something of a living legend,” Ertll said of the former Pasadena Unified School District superintendent, who went on to head New York City schools and was interim superintendent of the Los Angeles Unified School District. Cortines, now Los Angeles deputy mayor for education, youth and families, has a sound take on the role of education in the community, Ertll said. “It’s our main focus, something we do day in and day out,” Ertll said of the center’s programs for children, teens and seniors. “Public education is a timely issue, with charter and private schools and test scores so high profile.” Wyatt, who was on the school board and school board president during Cortines’ tenure as Pasadena’s schools superintendent, said maybe El Centro thought his presence made it a “nice time to say thank-you.” “I’ve spent a good many years working to improve public schools and child care services – that’s what I’m interested in,” said Wyatt, who helped develop city and state childcare plans several years ago. Ramirez, who opened El Portal after many years at the Huntington Hotel – now the Ritz-Carlton, Huntington Hotel & Spa – and as general manager at Caltech’s Athenaeum, is being honored for his entrepreneurship. last_img read more

Former Buckeye Jack Tatum suffers fatal heart attack

Former Ohio State defensive back Jack Tatum died Tuesday of a heart attack. He was 61.Tatum, known for his intimidating, hard-hitting style of play, which earned him the nickname “The Assassin,” starred in the Buckeye secondary from 1968-1970.“We have lost one of our greatest Buckeyes,” OSU coach Jim Tressel said in a statement. “When you think of Ohio State defense, the first name that comes to mind is Jack Tatum. His loss touches every era of Ohio State players and fans.”As a senior, Tatum earned the honor of the national Defensive Player of the Year. He was a three-year starter and a two-time All-American.He was a first-round draft choice by the Oakland Raiders in 1971. He won a Super Bowl with the Raiders in 1976 and was named to three Pro Bowls.Tatum’s punishing blow to New England Patriot Darryl Stingley in a 1978 preseason game severed a pair of the wide receiver’s vertebrae, leaving him paralyzed. Stingley died in 2007 from after-effects of the hit. Tatum was inducted into the Ohio State Athletics Hall of Fame in 1981 and the College Football Hall of Fame in 2004. read more