Constellation closes acquisition of Okla. natural gas company

Mergers, Acquisitions and TakeoversBusinessNatural GasNatural ResourcesEnergy ResourcesEnvironmental IssuesConstellation Energy Group

Constellation Energy Group said Thursday that it closed the acquisition of a Tulsa, Okla. natural gas company, the third deal in the past year that helps expand the Baltimore company's retail business.

The $22.5 million deal adds 26,100 customers in states such as Kansas, Oklahoma, Texas, Nebraska, Wyoming and Illinois. Constellation's retail customers now total almost 1.1 million in 46 states.

Last year, the company also acquired Constellation acquired MXenergy, a natural gas and electricity company, and StarTex Power, a Houston retail electricity provider.

Constellation is in the midst of its own proposed sale to Chicago-based Exelon Corp.

Hanah.cho@baltsun.com

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