February 23, 2025

mergers and acquisitions

Energy Harbor
FERC Delays Ruling on Vistra Purchase of Energy Harbor
FERC issued an order extending the time it has to review the proposed purchase of Energy Harbor by Vistra to next spring after several parties raised market concerns over the deal between two existing PJM generation owners.
Nuclear Regulatory Commission
Vistra’s Deal for Energy Harbor Runs into Opposition at FERC
Vistra Energy's deal to buy Energy Harbor ran into opposition at FERC, where parties argued it would harm Ohio's retail market and further concentrate PJM's wholesale market.
Edison Electric Institute
PNM, Avangrid Optimistic About Merger Prospects
While PNM awaits a court decision that could revive a merger with Avangrid, PNM officials say they’ll keep running the company like it’s a standalone business.
Public Service Company of New Mexico
New Mexico Regulators Reject Avangrid-PNM Merger
N.M. regulators shot down Avangrid’s proposed acquisition of PNM Resources after officials pointed to Avangrid’s “demonstrated record of poor performance.”
Security Limits Inc.
Bid-rigging Allegation Clouds Avangrid Bid for PNM
Avangrid is facing increasing scrutiny from regulators following allegations that the company purchased millions in unnecessary equipment to boost profits.
Enable
OGE, CenterPoint Complete Enable’s Disposal
OGE Energy and CenterPoint Energy have completed their sale of their Enable Midstream Partners gas-gathering partnership to Energy Transfer Partners.
PPL
FERC Approves PPL Acquisition of Narragansett
FERC approved PPL’s purchase of Narragansett Electric in Rhode Island from National Grid for $3.8 billion, giving the Pa.-based company a foothold in ISO-NE.

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