National Grid buys Niagara Mohawk

Article Abstract:

National Grid Group PLC agreed to acquired Niagara Mohawk Power Corp. which will eventually merge with National Grid USA. Earlier this year the group purchased New England Electric System which bought in turn Eastern Utilities Associates resulting in a merged company called National Grid USA.

National Grid Group PLC, Niagara Mohawk Power Corp., National Grid USA, New England Electric System (Westborough, Massachusetts), Eastern Utilities Associates, NMK, NES, EUA

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Enron unit needs deal closing

Article Abstract:

Enron needs to complete the sale of its interest in the electricity produced by the Sundance coal-fired power generation plant by the end of business on Monday in order to prevent Enron Canada Corp. from being placed in receivership.

Liabilities NEC, Fossil Fuel Electric Power Generation, Coal Thermal Electric Power, Finance, Coal fired power plants, Enron Corp., ENE, Enron Canada Corp., Sundance Oil Canada Ltd.

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NatGrid may have axed Hydro One bid

Article Abstract:

National Grid Transco PLC is reportedly to have decided to terminate its minority acquisition bid for Hydro One Inc. NatGrid planned to acquire 49% of Hydro One.

Strategy & planning, Planning, Company acquisition/merger, Company business planning, National Grid PLC, Hydro One Inc.

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