non compliance On November 17, 2022, as required by Section 303A.12 of the NYSE Listed Company Manual, the Company submitted an interim written affirmation to the NYSE as a notice of non-compliance with Sections 303A.01 and 303A.07 of the NYSE Listed Company Manual. On November 18, 2022, the Company received an official notice of non-compliance from the NYSE (the “NYSE Notice”). The NYSE Notice stated that the Company will need to correct the non-compliance as promptly as practicable. It is the intention of the Board to appoint a new independent director, duly qualified for service on each committee of the Board, as soon as practicable.
Con Edison Announced Agreement to Sell Renewable Energy Subsidiaries to RWE Renewables Americas in Transaction Valued at $6.8B
Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) today announced that it entered into a purchase and sale agreement pursuant to which Con Edison agreed to sell its interest in its wholly-owned subsidiary, Con Edison Clean Energy Businesses, Inc.