Connecticut regulators have yielded to the state’s top consumer advocate and dropped a hands-off stance to Northeast Utilities’ proposed $4.72 billion purchase of a Massachusetts power company.
Massachusetts Attorney General Martha Coakley has asked state utility regulators to either impose a five-year rate freeze or credit electricity and natural gas customers more than $300 million in estimated savings as a condition of approving the proposed merger of NStar and Northeast Utilities.
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.
Utiities say delay could kill deal
Gov. Deval Patrick’s administration has asked state utility regulators to hold up on approval of Connecticut-based Northeast Utilities’ proposed $4.66 billion purchase of Boston-based NStar.
Connecticut regulators have declined to review Northeast Utilities’ proposed $4.81 billion purchase of a Massachusetts power company.
NEW BRITAIN, Conn. (AP) _ Several Connecticut officials want state regulators to review Northeast Utilities’ proposed $4.67 billion purchase of a Massachusetts power company. The state Department of Public Utility Control held a hearing Friday […]
Connecticut regulators are inviting the public to weigh in on whether the state has jurisdiction over Northeast Utilities’ plan to buy NStar for $4.6 billion.
BOSTON (AP) _ Northeast Utilities will buy New England energy company Nstar in a stock-for-stock deal valued at $4.17 billion, forming one of the biggest utility companies in the country. The combined company, will own […]