Massachusetts Union Backs Delay In NU-NStar Merger
BRAINTREE, Mass. (AP) – A utility workers union has announced its support of a recent motion filed by Massachusetts officials seeking a delay in the proposed merger between Boston-based NStar and Connecticut-based Northeast Utilities.
The Utility Workers Union of America Local 369 said Friday it supports the motion filed by the Massachusetts Department of Energy Resources.
Local 369 president David Leonardi says his union filed a motion urging the Department of Public Utilities to grant the petition filed for the delay. He says he has heard conflicting comments about jobs that’ll be eliminated and supports a request for additional information.
Northeast Utilities and NStar oppose the delay. They say it could scuttle the $4.7 billion deal.
The merger would create the largest utility in New England. Northeast Utilities and NStar say it wouldn’t stifle competition or increase rates.
(Copyright 2011 by The Associated Press. All Rights Reserved.)