FERC Conditionally Approves $4.3 Billion Sale of El Paso Electric Company

The Federal Energy Regulatory Commission on March 30 authorized the acquisition of El Paso Electric Company by an investment vehicle advised by J.P. Morgan Investment Management Inc., subject to approval of mitigation measures to address potential adverse effects on competition. This is the final regulatory approval required to consummate the transaction. The proposed sale has…...

Connecticut Regulators Examine Energy Affordability for Commercial, Industrial Customers

The Connecticut Public Utilities Regulatory Authority on March 31 issued a draft solicitation inviting proposals for public forums to consider energy affordability and equity for the state’s commercial and industrial customers. Last October, the agency opened an investigation into the topic of energy affordability for all customer classes following the approval of a framework for…...