Daily GPI / NGI All News Access

Industry Brief

Industry Brief

The merger of New Century Energies and Northern States Power appears to be moving faster than expected. The companies announced plans yesterday to hold their special shareholder meetings to approve the merger in late June rather than in September. The proposed merger requires shareholder approval as well as approval or regulatory review by various federal and state agencies. When completed the merged company will serve 3 million electricity customers and 1.5 million natural gas customers in 12 U.S. states.

©Copyright 1999 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.

Copyright ©2018 Natural Gas Intelligence - All Rights Reserved.
ISSN © 2577-9877 | ISSN © 1532-1231
Comments powered by Disqus