Mergers and Acquisitions

摘要

Energy East and RGS Energy Group plan to create a utility with 1.8 million electric customers, 1 million natural gas customers and 200,000 other retail energy customers in New York, New Hampshire, Connecticut, Massachusetts and Maine. Annual revenues would be $5 billion and the company would have $10 billion in assets. Under terms of the merger, Rochester Gas & Electric would sell all of its power generation assets, the largest of which is the 517 MW Ginna nuclear plant.