The Pennsylvania PUC approved a new retailer license for EarlyBird Power yesterday. Early Bird Power will serve small and large C&I and government accounts.
THE DEAL: Northeast Utilities buys Nstar for $4.17 billion, creating the biggest utility in New England. It will serve 3.5 million electric and gas customers in Connecticut, Massachusetts and New Hampshire. THE REASON: Northeast needs cash to fund ambitious transmission construction plans; Nstar has cash, but not the size or scope to pursue large growth […]