Updated 09/28/2022: it’s only taken them this long to be ‘concerned’?? Not about energy but food and military…
2022, Republicans sound alarm over Chinese government-linked farmland purchase near North Dakota air base
The North Dakota acquisition is not the first land grab by CCP-linked firms
Constellation Energy withheld information, U.S. agency says…
I posted on this when the ‘deal’ was in the works, i wrote to the D&C, NRC and both said they ‘were thouroughly investigating’ this transaction put forth and endorsed by Chuck Schumer. I wrote, several time to Chuck Schumers offices, in NY and DC, but got NO reply. Schumer is my congressman…no excuse of being “not his constituent”.
As usual, the original Democrat and Chronicle article is ether, like most of our history now.
by STEVE ORR Staff writer
Federal regulators say Constellation Energy withheld key information when it sought approval for transfer of three nuclear power plants, including installations in Wayne and Oswego counties.
An investigation by the U.S. Nuclear Regulatory Commission has determined that Baltimore-based Constellation “failed to provide complete and accurate information” about foreign control of electricity from the power plants and the financial arrangements of the transaction, the agency said in a letter released Tuesday.
Constellation had been seeking federal and state agency approvals to sell its nuclear plants and other assets to Exelon Corp. of Chicago. The $7.9 billion deal closed March 12.
The NRC gave its OK in February and the Federal Energy Regulatory Commission approved the deal March 9 — the same day the latter agency announced that a unit of Constellation had agreed to pay a record $245 million in penalties for improperly manipulating the energy market in New York and New England from 2007-09.
Of that sum, $78 million is to be given to New York state to benefit electric consumers here.
Exelon now has a 50.1 percent ownership interest in the Ginna nuclear plant in Ontario, Wayne County; the Nine Mile Point I and II reactors in Scriba, Oswego County, and the two Calvert Cliffs reactors in Maryland. Electricite de France, or EDF, a French energy giant, has a 49.9 percent ownership interest.
Federal law bars foreign companies from owning a controlling interest in U.S. commercial power reactors, and the NRC had several times asked Constellation for more information about EDF’s role before approving the transfer of operating licenses to Exelon.
It was not clear from information released Tuesday exactly what information Constellation had failed to supply or when officials learned about the failure. The NRC said Constellation — which no longer owns any nuclear plants — was subject to “escalated enforcement,” but did not say what that meant.
An NRC spokesman did not return a call for comment.


