Gov. Janet Mills joined officials from four other New England states in opposing a major acquisition in the electricity industry that the governors suggest could could impact rates and infrastructure improvements.
The proposed merger of Florida-based NextEra Energy and Dominion Energy, which is headquartered in Virginia, would reportedly create the world’s largest regulated electric utility. The proposal is being reviewed by federal regulators.
But in a joint statement released on Tuesday, the governors of Maine, Massachusetts, Connecticut, Vermont and Rhode Island said the deal would “concentrate an unprecedented amount of leverage in NextEra,” with potential ramifications for ratepayers…