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FERC Authorizes Iberdrola's Acquisition of Scottish Power
CohoctonWindWatch
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5-1-2008 12:41 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1ea46a32-df8c-42af-9d10-6bae41893b9b/A6825B19-FF5E-415E-A377-C516C6257798/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://renewableenergytoday.net/rea/news/story?id=47306" href="http://renewableenergytoday.net/rea/news/story?id=47306" style="font-size: 11px;">renewableenergytoday.net</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://renewableenergytoday.net/rea/news/story?id=47306">The U.S. Department of Energy's Federal Energy Regulatory Commission (FERC) issued an order authorizing disposition of jurisdictional facilities that will result in Scottish Power becoming a wholly owned subsidiary of Iberdrola, and the PPM Companies will become indirect subsidiaries of Iberdrola. (PPM is a wholly owned subsidiary of Scottish Power Holdings, Inc., a Delaware corporation, which in turn is a wholly owned subsidiary of Scottish Power.) One of the many statements made by the applicants is that the transaction is consistent with the public interest and will have no adverse effect on competition, rates or regulation.<BR></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A6825B19-FF5E-415E-A377-C516C6257798/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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