Tagged: Utilities

Northeast to buy NStar

Northeast Utilities, a Connecticut-based energy supplier, announced that it will purchase Boston-based NStar for $4.3 billion in stock. The merger will form a company with 3.5 million electric and gas customers in Massachusetts, Connecticut, and southern New Hampshire. SMG finance lecturer and an energy risk-management expert┬áMark Williams comments on the deal. “Northeast Utlilities announcement to […]