Maryland has asked a Baltimore judge to dismiss Constellation Energy's appeal of the state's decision to review a deal to sell nearly half of the company's nuclear energy business to France's EDF.
The Public Service Commission does not regulate Constellation, but has authority over its Baltimore Gas and Electric subsidiary. Constellation says the deal is permitted under a settlement that raised the trigger for review to 20 percent of Constellation's shares or its board.
EDF would take a 9 percent stake, but the PSC said the rule doesn't apply because EDF will acquire other rights and assets.
