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Company: Constellation NewEnergy, Inc. (CNE)
Current Parent Company:
Constellation Energy Corporation
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $300,000
Year: 2011
Date: March 10, 2011
Offense Group: consumer-protection-related offenses
Primary Offense: utility service violation
Secondary Offense: reliability of service violation
Violation Description: This decision approves a settlement between CPSD and CNE regarding alleged violations of system resource adequacy requirements for January 2009 and requires CNE to make a $300,000 settlement payment to the General Fund.
Level of Government: state
Action Type: agency action
Agency: California Public Utilities Commission
Civil or Criminal Case: civil
Case ID: 11/3/2006
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Maryland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: electricity generation and distribution
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.