BostonGen Sold to Constellation Energy with FERC Approval for $1.1B

EBG Holdings, the parent of Boston Generating, LLC announced today that the Federal Energy Regulatory Commission issued an order on December 22, 2010 approving the sale of the Company's assets to Constellation Energy CEG for approximately $1.1 billion. All necessary regulatory approvals required for completion of the transaction have been issued and the closing of the sale has now occurred.