merger http://nhpr.org en Utility Merger Could Impact Northern Pass http://nhpr.org/post/utility-merger-could-impact-northern-pass <p>After 18&nbsp;months of federal and state review, Northeast Utilities has completed a&nbsp;$5-billion&nbsp;purchase of Boston-based NStar. The deal makes PSNH&rsquo;s parent company the largest utility in New England.</p><p>During&nbsp;a conference call, CEO Tom May said the acquisition would help his company pursue the Northern Pass project.</p><p>&quot;The new NU will, because of the financial strength of the combined companies, actually have credit rating upgrades, which should make it a lot easier to finance this project,&quot; said May.</p> Tue, 10 Apr 2012 20:46:13 +0000 Todd Bookman 3041 at http://nhpr.org