BUSINESS
By Liz F. Kay, The Baltimore Sun | May 18, 2010
Constellation Energy Group has completed the $365 million purchase of two natural gas generation facilities in Texas, the company announced Tuesday. The Colorado Bend Energy Center, a 550-megawatt facility near Wharton, Texas, and the Quail Run Energy Center, a 550-megawatt facility near Odessa, gives Constellation a physical presence in Texas, where the Baltimore-based corporation sells power in wholesale and retail markets. Company executives had announced in February plans to use $1 billion in cash balances to purchase additional generation facilities in areas where it sells more load than it produces.
BUSINESS
By Hanah Cho, The Baltimore Sun | December 30, 2010
Baltimore's Constellation Energy Group has agreed to sell a natural gas plant in west Texas to a municipal utility company in the state, contingent on the purchaser obtaining financing through the sale of municipal bonds, the company announced late Thursday. High Plains Diversified Energy Corporation, the utility of the West Texas Municipal Power Agency, would pay $185.3 million for the 550-megawatt Quail Run plant near Odessa if the sale goes through. The Quail Run plant was one of two Texas plants acquired by Constellation in May but the facility's location is far from the company's retail and wholesale customers and growth opportunities, said Kathleen W. Hyle, the company's senior vice president.
SPORTS
By Sports Digest | March 10, 2010
The NCAA has given Maryland and Texas a one-year reprieve from a new rule that limits off-campus football recruiting by a coach designated as the head coach-in-waiting. That will allow Maryland offensive coordinator James Franklin and Texas defensive coordinator Will Muschamp to fully participate in the spring evaluation period in April and May. The new rule says coaches "publicly designated" to be the next head coach are bound by the same recruiting rules as the current head coach.
SPORTS
June 16, 2010
Long live the new king Don Markus Baltimore Sun Texas remained in the Big 12 for the same reason it considered jumping to the Pac-10. Money and greed were deep in the heart of this decision, evidenced by the fact that the country's most well-endowed public university stands to make between $20 million and $25 million in television revenue. In doing so, Texas showed that it, not Notre Dame, is the new king. It was a good move for the Longhorns but an even better move for college football.
SPORTS
By From Sun news services | January 1, 2011
In its first New Year's Eve game in 14 years, No. 13 Texas wanted to end 2010 on a high note. The Longhorns did just that. Jordan Hamilton hit five 3-pointers and scored 24 points to help host Texas beat Coppin State, 95-75, on Friday. Tristan Thompson scored a career-high 22 points and pulled down nine rebounds for the Longhorns (11-2). "I thought we broke out today, and we wanted to end 2010 right," Texas guard J'Covan Brown said. "We've got to bring that to the next part of the season.
SPORTS
By Shannon Ryan On college basketball | February 2, 2010
No team has been able to cling to No. 1 very long this season. But no team has fallen harder since being ranked at the top than Texas. The No. 9 Longhorns entered Monday's game against Oklahoma State having dropped three of their last four after starting the season 17-0. Thud. Or maybe it's more of a whiff. The Longhorns might be modeling themselves after the NCAA runner-up Memphis team from two seasons ago that never could make a free throw. Texas owns the top scoring offense in the Big 12, averaging 85.3 points, is the top rebounding team with 44.3 per game and has the third-best shooting defense, holding opponents to 38.5 percent shooting.