Environmental Monitoring Program, Solar Loan Program, Vessel Ring Placement, and Tender Offers - Analyst Notes on Exelon, PEG, SCANA, ITC and UIL

NEW YORK, June 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Exelon Corporation (NYSE: EXC), Public Service Enterprise Group Inc. (NYSE: PEG), SCANA Corporation (NYSE: SCG), ITC Holdings Corp. (NYSE: ITC) and UIL Holdings Corporation (NYSE: UIL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3592-100free.

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Exelon Corporation Analyst Notes
On June 8, 2014, Exelon Corporation (Exelon) announced that the technical experts of the Company's Dresden Generating Station identified through the station's environmental monitoring program that the water in on-site monitoring points contains tritium, and notified state and federal regulatory officials regarding the same. The tritiated water was found in one of the 83 environmental monitoring wells of the station located near a water storage tank on June 7, 2014. According to the Company, the station will be working around the clock to excavate the area around the tank, find the leak's location, and make repairs. "We care about the environment and will be doing everything humanly possible to quickly find the leak source and fix it," said Shane Marik, Dresden Site Vice President said. The full analyst notes on Exelon are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/EXC/report.pdf

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Public Service Enterprise Group Inc. Analyst Notes
On June 3, 2014, Public Service Enterprise Group Inc. (PEG) reported that its subsidiary Public Service Electric and Gas Company (PSE&G) will begin accepting applications for its Solar Loan Program at 10:00 a.m. EDT on July 1, 2014 through 5:00 p.m. EDT on July 22, 2014, in which both commercial and residential customers in PSE&G's electric service territory are eligible to apply. The Company stated that this program makes available a specific amount of solar capacity through competitive solicitations held several times a year. PEG informed that 17.96 megawatts-dc of solar capacity will be made available for the solicitation that starts on July 1, 2014, with two additional solicitations tentatively scheduled for September 2, 2014 and November 3, 2014. The full analyst notes on PEG are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/PEG/report.pdf

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SCANA Corporation Analyst Notes
On June 3, 2014, South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (SCANA), together with its partners, placed the first of three containment vessel rings for the Unit 2 nuclear reactor on June 2, 2014. The Company stated that this nuclear reactor is among the first nuclear units built in the US in 30 years. SCANA informed that Ring 1 was placed atop the Unit 2 containment vessel bottom head, with the two remaining rings to follow suit. The Company informed that after completion the containment vessel housing the reactor vessel is estimated to weigh about 4,000 tons and stand more than 200 feet with a 130 foot-diameter. The full analyst notes on SCANA are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/SCG/report.pdf

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ITC Holdings Corp. Analyst Notes
On June 2, 2014, ITC Holdings Corp. (ITC) announced the final results of its previously announced cash tender offer for any and all of its outstanding $255 million aggregate principal amount of 5.875% Senior Notes due 2016 and its outstanding $255 million aggregate principal amount of 6.375% Senior Notes due 2036. As of May 30, 2014, $115.7 million aggregate principal amount (representing approximately 45.4%) of the 2016 Senior Notes and 54.7 million aggregate principal amount (representing approximately 21.4%) of the 2036 Senior Notes had been validly tendered and not validly withdrawn pursuant to the tender offer. ITC informed that payment by the Company for such Notes, as well as for consents delivered pursuant to the related consent solicitation without tendering the related Notes was completed on the date of announcement. The full analyst notes on ITC are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/ITC/report.pdf

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UIL Holdings Corporation Analyst Notes
On June 6, 2014, UIL Holdings Corporation (UIL) announced the expiration and results of the cash tender offer by its wholly-owned subsidiary, CTG Resources, Inc. for all of the issued and outstanding shares of the $3.125 Par Preferred Stock of its subsidiary, Connecticut Natural Gas Corporation (CNG). UIL stated that 70,699 shares of the Preferred Stock, representing 65.04% of the outstanding shares, had been validly tendered and not withdrawn at the expiration of the tender offer at 5:00 p.m. on June 5, 2014. Pursuant to the terms and conditions of the offer, CTG will accept for purchase 70,699 shares of the Preferred Stock at $10.25 per share. The full analyst notes on UIL are available to download free of charge at:
http://www.analystsreview.com/Jun-11-2014/UIL/report.pdf

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