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Examples
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He said he called NStar, but did not have any luck reaching someone.
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And last year, First Energy (FE) agreed to acquire Allegheny Energy while Northeast Utilities(NU) agreed to buy NStar, though those deals have yet to be completed.
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In October, New England utility companies NStar and Northeast Utilities agreed to merge in a $4.2 billion deal that will create a regional energy giant.
Duke Energy, Progress Energy Near Merger Anupreeta Das 2011
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Problem is, both Northeast and NStar already trade at double-digit percentage premiums to the sector's 2010 earnings multiple of 13.3 times.
It's All Light But No Heat Liam Denning 2010
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The two longest-standing board members are former Bank of America Chairman Charles Gifford and Thomas May , chairman and chief executive of Massachusetts utility NStar .
BofA Taps Reliance Industries' Mukesh Ambani for Board David Benoit 2011
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Northeast Utilities and NStar agreed to a $4.3 billion merger and plan to help New England states achieve ambitious clean-energy goals.
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NStar, meanwhile, gets to deploy its cash into Northeast's higher-return transmission projects rather than a stock buyback.
It's All Light But No Heat Liam Denning 2010
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Part of the reason stocks of newly betrothed Northeast Utilities System and NStar barely budged Monday is that pitching a utility merger to investors is necessarily a low-key affair.
It's All Light But No Heat Liam Denning 2010
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The state's other large utility, NStar, passed on Cape Wind, instead focusing on energy contracts with three smaller land wind farms that it said are a total of $111 million below market price.
Feds approve Cape Wind power project off Massachusetts coast 2011
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But she's certain that buyers, including perhaps NStar, will want to be part of a new and badly needed clean energy industry.
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