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Eversource wins FERC nod to merge 2 Mass. utilities

Mar 6, 2017 - SNL Energy Finance Daily

Eversource Energy received FERC approval to merge utilities NSTAR Electric Co. and Western Massachusetts Electric Co. into a single entity, with NSTAR Electric as the surviving entity.

The two utilities, both based in Massachusetts, currently operate under a single president and day-to-day field operations have been consolidated under common management. The deal would help the companies reduce the number of annual electric filings and reduce the need to file a retail rate case every five y

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