View Nstar Northeast Utilities Merger
Images. Northeast utilities expects the deal to be accretive to earnings in the first year following the close of the merger. Northeast utilities and nstar have wrapped up their merger and created one of the nation's largest utilities, with six regulated electric and natural gas companies serving 3.5 million customers in three states.
In october 2010, northeast utilities announced that it would merge with nstar, with the resulting company retaining the northeast utilities name. (by alan miller, globe staff). Utilities, the companies said the companies said they expected the merger to produce important long term net savings as a result of efficiencies, and the.
Eversource energy is a publicly traded, fortune 500 energy company headquartered in hartford, connecticut, and boston, massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million customers in connecticut.
Carmody became a director of northeast utilities foundation, inc. Northeast utilities is an energy company that provides electricity and natural gas services to connecticut, massachusetts, and new hampshire. In this merger of equals, as the deal experts call it, we hope there will be few bloody noses and fierce accusations. The company is primarily engaged in the energy delivery business through its wholly the electric distribution segment includes the generation businesses of psnh and wmeco.