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06 Aug 08

Judge hears Fayette wind turbine debate

Iberdrola wants to place 27 wind-powered turbines over a 3.5-mile section of the Chestnut Ridge in Wharton, Georges and Springhill townships to generate electricity for the company's South Chestnut Ridge Windpower Project.

investing.businessweek.com/research/stocks/news/article.asp?docKey=600-200808010407KRTRIB__BUSNEWS_23088-640S1NFOT1UUF644GUHP4HDK28¶ms=timestamp||08/01/2008%204:07%20AM%20ET||headline||Judge%20hears%20Fayette%20wind%20turbine%20debate%20%5BTrib - Preview

Iberdrola Fayette Wind Industrial Environment

20 Jan 08

Iberdrola bid for RG&E parent hits obstacle

  • (January 18, 2008) — The state Public Service Commission staff is advising against the proposed takeover of Energy East, the parent of Rochester Gas and Electric, by the Spanish utility Iberdrola SA.

    The recommendation doesn't mean the $4.5 billion deal won't go through, but it does put up a barrier that the companies will need to overcome.

    The PSC staff said that ownership by Iberdrola wouldn't benefit customers either in terms of rates or service reliability.
    - cwwgroup on 2008-01-20
  • (January 18, 2008) — The state Public Service Commission staff is advising against the proposed takeover of Energy East, the parent of Rochester Gas and Electric, by the Spanish utility Iberdrola SA.

    The recommendation doesn't mean the $4.5 billion deal won't go through, but it does put up a barrier that the companies will need to overcome.

    The PSC staff said that ownership by Iberdrola wouldn't benefit customers either in terms of rates or service reliability.
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