With tag: central_vermont_public_service
Campbell Expects Legislative Action On CVPS Refunds
The leader of the Vermont Senate says he
expects lawmakers will try to force the Public Service Board to order refunds
to ratepayers for CVPS, which is currently in the midst of a merger.
Nuclear Watchdog Group: 'We Told You So' On Towers
A nuclear watchdog group is reacting to a suit by Vermont utilities over
failures of the Vermont Yankee nuclear plant's cooling towers by saying
they warned of just such problems.
VELCO Plays Down Concerns About Control Of Transmission Grid
By John Dillon
of the statewide transmission grid has emerged as a major issue as regulators
review a proposed merger between the state's two largest utilities. Critics
say the merged company under Canadian ownership is more likely to use Vermont as a corridor to import electricity from Quebec. But the transmission company is playing down those
CVPS: More Utility Mergers Expected
By Ross Sneyd
Central Vermont Public Service has agreed to a deal to be bought out by Gaz Metro and merged with its Green Mountain Power subsidiary. The president of CVPS says there could be more mergers in the state's electric utility industry.
CVPS Signs Sale Agreement With Gaz Metro
By Melody Bodette
Central Vermont Public Service has signed an agreement to be sold to
Montreal-based Gaz Metro. The
CVPS board says they've terminated a previous agreement reached with the
Newfoundland-based company Fortis.
Shumlin Says He Prefers Gaz Metro Bid For CVPS
By Bob Kinzel
Canadian utilities are engaged in a bidding war to purchase the state's largest
utility, the Central Vermont Public Service Corporation. And Governor Peter
Shumlin clearly favors one of the bids.
Experts: Canadian Firms May Want Control Over Grid
Comment: What is the better deal?
CVPS To Seek PSB Approval For Sale
By Ric Cengeri
week, Central Vermont Public Service announced that it had agreed to be
sold to Fortis, Incorporated - a Canadian company-for $700 million. The next step in the process is for the two utility
companies to file a petition with the Public Service Board for approval.
State's Largest Utility Sees Change In Leadership
By Nina Keck
Central Vermont Public Service marked a
change of the guard today at its annual meeting. Outgoing President Bob Young was honored for
his 24 years with the company and new president Larry Reilly took over.
CVPS Buys Local Hydro Producer
By John Dillon
The state's largest electric utility is buying one of Vermont's smallest. Central Vermont Public Service has agreed
to buy the assets of the Vermont Marble Power Division of Omya.